The vast majority of environmental projects used to offset greenhouse gas emissions appear to be fundamentally flawed and cannot be used to reduce planet-warming emissions, according to a new analysis by Corporate Accountability and The Guardian .
Petrobras announced, this Tuesday (19), the launch of carbon neutral Petrobras Podium Gasoline. According to the state-owned company, it is the first gasoline on the Brazilian market to carry this title. This means that greenhouse gases emitted at all stages of the fuel's life cycle will be fully compensated with actions to preserve or restore forestry in national biomes.
Petrobras announces first carbon neutral gasoline in Brazil Read more »
This year, 'Earth Overshoot Day' – the point at which we exhaust the resources the Earth can regenerate in a year while also processing its waste – falls this Wednesday, August 2. In the early 1970s, this day came at the end of December. 🌎
Earth Overshoot Day: Why are we all living on credit for the rest of the year? Read more »
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.
Proposal for the carbon market will be sent in August, says Marina Silva Read more »
After a long period of waiting, the government finally prepared a draft to replace the Bill (PL) that establishes a carbon credits market in the country. This instrument is crucial to enable the financing of the reduction of greenhouse gas emissions.
Regulation of the Brazilian carbon market advances, after a long period of stagnation Read more »
In Carta da Terra, published this week by Earth News, Lourival Sant'Anna talks about her conversation with the CEOs of the companies Vert Ecotech, specialized in carbon sequestration in rural properties, and its partner, Virtus Automação e Inteligencia Artificial, which supports it with technologies such as quantum computing on blockchain. The publication highlights the importance, in the carbon market, of the credibility of the sequestration calculation.
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.
Provisional measure changes forest management standards to boost carbon market Read more »
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.
European bloc reaches broad agreement on carbon market reform Read more »
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.
See highlights from Curto Green: study proposes the use of credits linked to conservation initiatives to unlock the flow of resources to protect global biodiversity; the global energy crisis gave an “unprecedented boost” to the development of renewable energy; research shows that air pollution is linked to the death of newborns; and how deforestation increases the cost of climate change for agribusiness.
'Biocredits' can finance biodiversity protection; see other highlights Curto Verde Read more »
