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CP Daily: Friday December 1, 2023
California, Washington release auction reserve prices for 2024
Climate change: The young activists changing the sceptics' minds
Emitters shorten across markets while speculators pick up CCAs and RGGI
COP28: Huge rise in oil drilling expected from hosts UAE
California offset usage slips further in 2022, DEBs share falls as credit prices soar
Carbon credit registry readies new version of US IFM methodology
US DOE announces funding to advance commercial-scale carbon management
COP28: Norway makes $100 mln contribution to Indonesia in recognition of forest protection efforts
INTERVIEW: Carbon removal buyer eyes market gap for project financing, says registries need to divorce from verifiers
CIX drops Southern Cardamom carbon credits from nature benchmark amid price slump
Nature target-setting framework for asset managers and owners launched
COP28: US, other countries’ carbon market arrangements seen threatening push to strengthen trade rules -leaked EU doc
The Guardian view on Cop28: energy companies are not the only ones with a carbon addiction | Editorial
Just like oil and gas businesses, and petro-states, carbon-intensive industries including meat will fight to keep on polluting
Agriculture companies and lobbyists are among those who arrived in the United Arab Emirates for Cop28 determined to resist pressure on them to transform their businesses. Documents show that JBS, the world’s biggest meat company, and allies including the Global Dairy Platform, planned to make arguments in favour of livestock farming with “full force”. While the sincerity of fossil-fuel businesses’ commitment to a green transition has long been doubted, they are not the only energy-intensive businesses to approach Cop28 as an opportunity to promote their activities – rather than a threat.
While the ostensible purpose is to safeguard the planet for the future, the fear is that the Cop process has been captured by the short-term interests of carbon-emitting industries that will do anything to protect their wealth. This year’s gathering is hosted by Sultan Al Jaber, the chief executive of the UAE’s national oil company.
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