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carbon credit markets – Advanced BioFuels USA

carbon credit markets – Advanced BioFuels USA
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Get Ready for Big Political Fights Over Carbon Accounting – Advanced BioFuels USA

by Akshat Rathi (Bloomberg Quint) … Turns out, it was a neat accounting trick. “Australia has made minimal progress towards net zero and its emissions trends are among the worst in the developed world,” a new study from the Australia Institute concluded. It found that the reduction claim is only possible if you include the land-use sector, which involves forests, agriculture and other related emissions. Without it, Australia’s emissions from fossil-fuel use and industry increased by 6% in 2018, relative to 2005.
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It’s not that emissions from land use don’t matter. The most recent analysis from Global Carbon Project shows that, globally, the sector added 6.5 billion tons of emissions in 2019. That’s nearly one-fifth the emissions from fossil-fuel use in that year. “But it’s important to distinguish, because we have huge uncertainties in emissions from land use,” said Canadell. Unlike accounting for the burning of fossil fuels, emissions from agricul ....

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COP26 – Advanced BioFuels USA

May 25, 2021
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