June 30, 2009: The World Bank has approved the readiness plans (R-Plans) for Guyana and Panama, opening the way for both countries to tap grants of up to US$3.6 million for preserving their forests.
Gordon Brown puts $100bn price tag on climate adaptation. Prime minister attempts to move stalling political talks on global warming away from targets and towards the cost of mitigation.
Britain’s faith in carbon trading as a way of reducing greenhouse gases could be dangerously misplaced, according to an independent academic working with the Department of Energy and Climate Change.
REDD carbon trading - the next bluff of finance markets?
LONDON/NUSA DUA, Indonesia (Reuters) - It could save the rainforests of Borneo, slow climate change and the international community backs it. But a plan to pay tropical countries not to chop down trees risks being discredited by opportunists even before it starts.
Carbon trading activity doubles over year in spite of price falls
The carbon market showed a remarkable growth spurt in the first quarter of this year, with trading volumes up 37 per cent, new data show. Trading was driven by price volatility and companies selling carbon permits to raise short-term cash.
Economic stimulus plans being rolled out across the world could commit countries to rapid growth in greenhouse gas emissions, cancelling some of the green initiatives included within them, analysis has found.
P. T. Barnum is attributed with saying "There's a sucker born every minute" although, he, as the source of this quote is in dispute. Were he alive today, I suspect he would abandon the circus business and jump into carbon credits and carbon trading.
