Carbon markets
Cop25: What was achieved and where to next?
After two weeks of talks, many issues remain unresolved. Here we break down the major fights and minor breakthroughs of the UN conference in Madrid
Australia and Brazil carbon credits will put 1.5C out of reach, 31 countries say
Group led by Costa Rica publishes ‘minimum’ standards for carbon markets that rule out double counting and use of Kyoto-era credits
Push for carbon loopholes sends climate talks into overtime
Australia, US and Brazil threatening ‘spirit’ of the Paris Agreement, says Costa Rican minister, as fractious talks could drag into the weekend
Carbon markets will not help stop climate change
Trading carbon is widely said to make emissions cuts cheaper. But for whom? And why is it dominating climate diplomacy in Madrid?
Australia, Brazil and Saudi Arabia blocking climate talks, says Green MEP
Efforts to bring together different strands of the financing of climate action are being hampered at Cop25, says Bas Eickhout, while elsewhere steps forward are being made
Carbon offsets have patchy human rights record. Now UN talks erode safeguards
A new global carbon market could unleash finance for projects around the world. But protections for local communities were weakened in draft rules at Cop25
What is Article 6? The issue climate negotiators cannot agree
It has proven the hardest part of the Paris Agreement to create rules for, with warnings a weak decision could undermine the accord. Now it will dominate UN talks in Madrid
IEA World Energy Outlook outlines 1.5C scenario
Observers warn the IEA’s projection is inconsistent with the world’s long-term sustainable development needs
Australia admits it is on its own using cringe carbon loophole
Governments need to agree the rules over how to use carbon markets to cut emissions, but they shouldn’t take their eyes off Australia’s brash side hustle
In Tanzania, ownership of the forest offers new prospects for old loggers
In one of Africa’s fastest deforesting nations, community control over the land offers villages new income, infrastructure and dignity
Brazil fights attempt to cancel its old carbon credits
Credits from an old regime could undermine the Paris climate agreement, but negotiations ended in stalemate after the biggest holders dug in their heels
European Central Bank should ‘gradually eliminate’ carbon assets: Lagarde
Nominee to lead the bank told MEPs it could adopt new measures to prefer green investments if she is confirmed
UK carbon price to plummet under no-deal Brexit
A proposed UK tax on heavy polluters would come in at nearly half the EU carbon market price, reducing the incentive to cut emissions
How von der Leyen could make a carbon border tax work
The next European Commission chief must tread carefully if she is to meet her promise to make polluting importers pay
Asset managers worth $15 trillion make climate risk promise to Macron
The French president gathered the world’s biggest investors this week to push them to back climate-friendly projects
Wealthy countries resist global tax on carbon offsets
Australia and Japan are among opponents of a proposal to restrict the supply of carbon credits for trading across borders, at climate talks in Bonn
Brazil and EU face off over future of carbon trading
The next generation of carbon markets could make or break the Paris Agreement, say negotiators as talks resume in Bonn
UN Environment official attacks agency’s own carbon offsetting policy
Confusion reigns as UN Environment publishes, then retracts, an article criticising the use of carbon credits to make up for polluting activities
Russia floats first law to regulate CO2 emissions
Draft bill would give government powers to regulate CO2 and create carbon markets, but faces stiff opposition inside and outside Moscow administration
Stalemate in Poland revealed central tension of Paris Agreement
Centralised governance is a thing of the past; a new era of climate diplomacy must find ways to accommodate national difference