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*Investment Analyst, Evolution Environmental Asset Management – Greenwich, CT
Higher 2021 GHG output shifts Canada further from 2030 Paris pledge
Compliance entities pare back CCA net length, speculators hold steady across markets
US Carbon Markets and LCFS Roundup for week ending Apr. 14, 2023
Indigenous rights group files formal complaint over huge Guyana REDD+ issuance
Made-in-UK new carbon standard to launch as British corporates shy away from current offerings
ICE reschedules launch date for Washington carbon allowance futures
EU nations advance 2023 EUA issuance to 76% of total, with five yet to start handouts
Scottish government inviting suppliers to bid on £66-million peatland restoration contract
INTERVIEW: EU search for critical raw materials should begin at home, expert argues
The world desperately needs a fairer economy – here’s how we can make that happen | Mia Mottley and Ngozi Okonjo-Iweala
Inflation and the climate crisis are hitting developing economies hardest. Trade is the key to helping them
- Mia Mottley is prime minister of Barbados. Ngozi Okonjo-Iweala is director-general of the World Trade Organization
The Covid-19 pandemic derailed economies everywhere, and in most developing countries incomes remain well below pre-pandemic levels. Inflation, made worse by the war in Ukraine, is particularly painful for low-income and vulnerable countries, where essentials like food and energy dominate household budgets. Higher interest rates are exacerbating debt distress across much of the developing world, squeezing public and private investment and paring back growth. To compound this, the climate crisis is hitting the very countries that contribute least to the problem, and which have the most limited means to cope.
Already, we are seeing the reversal of hard-won development gains. The World Bank estimates that the pandemic and the war in Ukraine have pushed up to 95 million more people into extreme poverty. The World Food Programme projects that almost 350 million people may be food insecure in 2023, more than double the number in 2020. In the wake of the pandemic, unemployment is higher, gender gaps are wider and the share of young people with neither jobs nor sufficient education has risen, according to the International Labour Organization.
Mia Amor Mottley, SC, MP is prime minister of Barbados. Dr Ngozi Okonjo-Iweala is director-general of the World Trade Organization
Continue reading...Landowner accuses Dartmoor officials of ‘acting like campaigners’
Dartmoor National Park Authority is preparing to appeal against court decision to overturn right to wild camp
A wealthy landowner has accused Dartmoor National Park Authority (DPNA) officials of “acting like campaigners” as they prepare to appeal against a court decision to overturn the right to wild camp.
Earlier this year, as a result of a court case brought by a local landowner, backpack camping, also known as wild camping, was made illegal on Dartmoor without landowner permission, overturning what campaigners claim was a long-held right to camping on the moor.
Continue reading...Green propose gas tax “with teeth” that could deliver $95bn in revenue
The Greens say a gas tax that “actually works” could raise $94.5 billion in the coming decade, in new push for reform of the Petroleum Resource Rent Tax.
The post Green propose gas tax “with teeth” that could deliver $95bn in revenue appeared first on RenewEconomy.
Nordic tech firms help top up contribution claims fund
UCLA researchers pioneer ocean-based carbon capture system
Euro Markets: Midday Update
Norfolk dual carriageway plan would ‘wreck’ rare bat colony, experts say
‘Exceptional’ super-colony of endangered barbastelles found in path of proposed road near Norwich
The centre of an “exceptional” super-colony of one of Britain’s most endangered bats has been discovered in the path of a proposed road across a chalk stream.
A planning application for the Western Link dual carriageway near Norwich is expected to be submitted this summer despite researchers identifying the UK’s largest known colony of barbastelle bats in the threatened Wensum valley woodlands.
Continue reading...CN Markets: CEA price claws back lost ground amid little action, CCER liquidity improves
Weather tracker: Record rainfall lashes Fort Lauderdale
Slow-moving supercell thunderstorms trigger flooding in Florida and a cyclone hits Australia
Fort Lauderdale experienced a historic rainfall event this week. As low pressure developed across the northern Gulf of Mexico on Wednesday morning, a warm front lifted slowly north across southern Florida, bringing moderate rainfall through the early afternoon.
Multiple slow-moving supercell thunderstorms developed, each following similar tracks across the area. Fort Lauderdale-Hollywood airport provisionally measured 25.91in (65.8cm) of rainfall during the 24 hours to 7am on Thursday, mostly falling within 12 hours. The previous daily rainfall total at the travel hub was 14.59in in 1979.
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