Search result for: carbon market

Senate excludes agriculture and approves project that regulates carbon market in Brazil

Sustainability / By

The Senate's Environment Committee (CMA) approved this Wednesday (4) the bill that creates the carbon market in Brazil. Agreement signed with the Agricultural Parliamentary Front (FPA) to exclude the sector from carbon market rules allowed the proposal to be approved unanimously in the CMA. The text that creates the Brazilian Emissions Trading System (SBCE) now goes to the Chamber of Deputies for analysis. 

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Proposal for the carbon market will be sent in August, says Marina Silva

Global enviroment, Sustainability / By

The proposal to regulate the carbon credits market should be sent to Congress in August, said the Minister of Environment and Climate Change, Marina Silva. She, however, did not say whether the government will forward a bill or whether it will add the topic to one of the two projects being processed in parliament, one in the Chamber and the other in the Senate.

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European Parliament adopts EU carbon market reform

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The European Parliament approved this Tuesday (18) an ambitious reform of the carbon market in the European Union (EU), a project essential to the bloc's objectives in relation to reducing greenhouse gas emissions. Electricity producers and energy-intensive industries need to buy emission allowances on the European Emissions Quota Market (ETS), created in 2005 and which applies to 40% of emissions on the continent.

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Provisional measure changes forest management standards to boost carbon market

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President Jair Bolsonaro published, last Monday (26), a provisional measure (MP) that changes public forest management standards to boost the carbon credits market in the country. The proposal came from the Ministries of Economy, Agriculture, Livestock and Supply and the Environment, with the aim of updating a 2006 law that deals with forest management for sustainable production.

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European bloc reaches broad agreement on carbon market reform

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MEPs and Member States of the European Union (EU) reached an agreement this Sunday morning (18) on a broad reform of the carbon market, a key part of the bloc of 27's climate plan. The plan seeks to accelerate emissions reductions and it is a leap forward in the ambitions of the current European carbon market, gradually eliminating the free “polluting rights” attributed to industry.

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'Carta da Terra' talks about Brazil's potential in the carbon market

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The Earth Charter, published this week by Earth News, talks about the great potential that Brazil has to take advantage of the carbon market. The publication reminds us that, to sell credits, it is necessary to prove extra carbon capture, or avoid its emission. Furthermore, it highlights that Brazil, unlike many other countries, does not depend on polluting sources to generate electricity. The country relies on hydroelectric plants, ethanol from sugar cane and, increasingly, solar and wind energy.

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World Bank launches unified data system for carbon markets; see other highlights Curto Verde

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See highlights from Curto Green: World Bank launches global tracking system to provide more transparency to the carbon credits market; launch of the Forest Code Thermometer – a platform created with the aim of monitoring the implementation of the Forest Law, defending vegetation and sustainable production in Brazil; civil society participation in COP15 on biodiversity; and the future of island nations that could be completely submerged by the year 2100.

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Senate Committee approves regulation of the carbon emissions reduction market

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The Senate's Economic Affairs Committee (CAE) approved, this Tuesday (29), a bill that regulates the Brazilian Emissions Reduction Market (MBRE) for gases that cause the greenhouse effect. The text now goes to the House's Environment Committee (CMA) for analysis and, if approved, will go straight to discussion in the Chamber of Deputies.

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