Discover and read the best of Twitter Threads about #CarbonTrading

Most recents (3)

1/3 #VoluntaryCarbonMarket price drops 35% in 2 weeks due to media reports casting doubt on #REDD+ projects' efficacy in reducing emissions. Market confidence needs to be restored for demand to pick up.
2/3 Carbon credit buyers expected to request more supporting docs to verify quality. Market interests may shift from emission avoidance to removal projects with fewer risks and better quality credits.
3/3 #Afforestation and tech-based carbon capture & storage projects may see an increase in market demand as #EmissionRemoval projects gain popularity. #CarbonTrading #CarbonCredit
Read 3 tweets
📰 BREAKING: the Sustainable Development Mechanism has been suspended from Twitter for impersonating a real climate solution.
#COP27 (🧵a short thread)
ℹ️More background: on the eve of #COP27,a technical body established under #ParisAgreement released 1st recommendations to operationalise #CarbonTrading under #ParisAgreement after rushed negotiations.
The recommendation is marred with dangerous flaws.
2/7
🗣️Civil society coalitions expressed strong concerns as the recommendation:
🔻undermines #HumanRights safeguards
🔻threatens #ParisAgreement integrity & ambition
🔻opens door for dangerous technofixes while delaying #FossilFuels phaseout... 3/7
Read 7 tweets
(1/17) We've been talking a lot about #carbonmarkets — which has felt like a shift for some of our trad #commodities, #metals, #privacy and #tech listeners. We wanted to share how we see #smartermarkets as the thread stringing them together, in this 🧵:
(3/17) Globally, we've had since the 1800s to understand commodity #markets. #CarbonTrading didn't start until 1997 when 180 countries signed the #KyotoProtocol. With it — 4 types of #carboncredits were created: AAU, RMU, ERU and CER.
Read 17 tweets

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