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Megan Evans Profile picture
@megcevans
Sep 4, 2019 • 6 tweets • 4 min read • Read on X
Interesting discussion re investment decisions being made by humans versus aLgORiThmS - wouldn't the latter be less influenced by cognitive biases? #GRASFI2019
Crucial question/comment from the floor - where is the evidence for impact "on the ground" from ESG and impact investing? Also need evidence on link between ESG and financial performance #GRASFI2019
Are we deluding ourselves into thinking green/sustainable finance is doing more good than it actually is? @NVJRobins1 called this "green wishing" (cf green washing) #GRASFI2019
Lots of discussion about all the research needs for the emerging #sustainablefinance field, though little concerning that its all being framed so far as projects for new PhD students ...let's try to think broader #academicpyramidscheme #GRASFI2019
The perennial problem of how the "two communities" can better interact #GRASFI2019 Shameless plug - I have some ideas here for ECRs blogs.lse.ac.uk/impactofsocial…
#GRASFI2019 Research question(s) from my end: how can the #conservation & #agricultural sectors adapt to harness the (apparently) large amounts of capital that sustainability-minded investors are (apparently) seeking to invest?

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More from @megcevans

Megan Evans Profile picture
Mar 30
Long read out in the @SatPaper today, digging into the how and why did this all happen

The great carbon offset scam

#climatepolicy #carboncredits #carbonoffsets #safeguardmechanism

Some key points below 🧵:thesaturdaypaper.com.au/news/environme…
👉The root cause of this scandal is the Clean Energy Regulator, which has allowed HIR projects to include uncleared lands when the projects started in their credited areas

📝 There are multiple lines of evidence that show the HIR method should only be applied in locations...
...that have been previously cleared.
One is the the Explanatory Statement to the method () which says: “The Determination applies to projects in which land has been cleared of native vegetation and where regrowth has been suppressed for at least 10 years.”legislation.gov.au/F2013L00162/as…
Read 12 tweets
Megan Evans Profile picture
Jun 23, 2023
The ANU-UNSW research team has analysed the recently released CEA (carbon estimation area) for HIR #carbon projects. The results are unsurprisingly bad. 🧵Full papers and interactive data linked below:
1/
HIR (human-induced regen of permanent even-aged native forest) carbon projects have generated ~30% of ACCUs issued under the #EmissionsReductionFund; 37 million ACCUs. They cover more than 31 million ha, ~ the size of Japan. The world’s largest offset type by project area.
2/
Following the Chubb review & the #SafeguardMechanism deal, CEA (carbon estimation area) data has been made public:
Our team's analyses have repeatedly been criticized as incomplete without CEA data. Now we've analysed it, and the results are clear.
3/ https://t.co/wx5hWg1yMQcleanenergyregulator.gov.au/ERF/project-an…
Read 8 tweets
Megan Evans Profile picture
May 15, 2023
The Australian Government @DCCEEW last week quietly released draft National Environmental Standards (NES) for Matters of National Environmental Significance (MNES) as part of its #EPBCAct reform.
*2 weeks consultation*, due 22 May 2023
A🧵on key issues👇
consult.dcceew.gov.au/draft-nes-for-…
Note the overarching MNES standard is the first to be released, there are others in development that will be released (hopefully) soon, including for:
- Environmental Offsets
- Regional Planning
- First Nations Engagement and Participation
- Community Engagement
2/
First, what's the overall goal? #NaturePositive! (it's mentioned 19 times in the document)

What does this mean? Apparently - a "collective outcome" where the environment is "repaired, regenerated and protected", requiring action everyone, not just government.

Some issues:
3/ · These National Environmen...
Read 21 tweets
Megan Evans Profile picture
Mar 1, 2023
Two of the most mind-blowing things from #SafeguardMechanism @AuSenate inquiry this week were the govt saying:

1️⃣ the integrity of all existing #ACCUs is "fine"

2️⃣the Chubb review rec's only apply to *new projects* "going forward" - which is not what they said 4 weeks ago🧵
In this thread I'm sharing clips from the following videos, available here:

aph.gov.au/News_and_Event…

Monday 27/02/2023 Environment & Communications [Part 2]
Tuesday 28/02/2023 Environment & Communications [Part 2]
On Tues, @DCCEEW say Chubb made recommendations on how the HIR method should be interpreted *but* didn't say the method had been incorrectly interpreted to date.

@sarahinthesen8 "Why would you have to clarify interpretation if it [HIR] hadn't been misinterpreted?"
Read 19 tweets
Megan Evans Profile picture
Mar 1, 2023
Oh cry me a river. How on earth could their projects be "undermined" by sharing data which could quickly an easily prove their integrity. #ACCU #climate #auspol
Also nice for GreenCollar to put this on "it's landholders" so if we call this out we're being mean to farmers, rather a multi-million dollar corporation.
The data carbon companies could freely release (the Regulator & all others are prohibited to release by law) are Carbon Estimation Areas (CEAs) - green shapes shown below
The project area shapefiles (around CEAs) are *already public* - downloadable here researchdata.edu.au/area-based-emi…
Read 9 tweets
Megan Evans Profile picture
Aug 25, 2021
Extremely Canberra niche humour but I am DECEASED
This whole article is a thing of beauty
¯\_(ツ)_/¯
Read 4 tweets

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