Kiribex https://kiribex.com/ Net-Zero Right Now Tue, 15 Nov 2022 17:10:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://i0.wp.com/kiribex.com/wp-content/uploads/2022/10/cropped-Kiribex-Favicon.png?fit=32%2C32&ssl=1 Kiribex https://kiribex.com/ 32 32 211772527 COP27: Talks on carbon market rules off to slow start https://www.reuters.com/business/cop/cop27-talks-carbon-market-rules-off-slow-start-2022-11-14/?utm_source=rss&utm_medium=rss&utm_campaign=carbon-market-rules-slow Tue, 15 Nov 2022 17:10:23 +0000 https://kiribex.com/?p=1299 Voluntary carbon offset markets have struggled to gain trust for years. Campaigners have criticized offsets as a figleaf for polluters.

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The CFTC Should Raise Standards and Mitigate Fraud in the Carbon Offsets Market https://www.americanprogress.org/article/the-cftc-should-raise-standards-and-mitigate-fraud-in-the-carbon-offsets-market/?utm_source=rss&utm_medium=rss&utm_campaign=cftc-should-raise-standards Sun, 13 Nov 2022 16:09:09 +0000 https://kiribex.com/?p=1274 If a carbon offset cannot guarantee it is worth 1 ton of carbon not in the atmosphere, then its use to meet goals should be discouraged.

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Carbon offsets used by major airlines based on flawed system, warn experts https://www.theguardian.com/environment/2021/may/04/carbon-offsets-used-by-major-airlines-based-on-flawed-system-warn-experts?utm_source=rss&utm_medium=rss&utm_campaign=carbon-offsets-airlines-flawed Sun, 13 Nov 2022 15:53:42 +0000 https://kiribex.com/?p=1271 Guardian investigation finds that carbon credits generated by forest protection schemes are based on a flawed system.

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Why carbon offsets are worse than you think https://www.youtube.com/watch?v=61SWIYwCaSE&utm_source=rss&utm_medium=rss&utm_campaign=carbon-offsets-worse-than-you-think Tue, 08 Nov 2022 19:33:06 +0000 https://kiribex.com/?p=1256 If you emit some CO2, you can just pay someone else to reduce that amount somewhere else, and you’re good! But is it too good to be true?

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Carbon dioxide will have to be removed from air to achieve 1.5C, says report https://www.theguardian.com/environment/2022/mar/09/carbon-dioxide-removed-from-air-carbon-offset-market-report?utm_source=rss&utm_medium=rss&utm_campaign=carbon-removed-from-air Tue, 08 Nov 2022 19:29:39 +0000 https://kiribex.com/?p=1254 Offset markets have important role as switching to renewable energy alone not enough, according to thinktank.

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Carbon Capture And Storage Spending To Top $50B Through 2025 https://oilprice.com/Energy/Energy-General/Carbon-Capture-And-Storage-Spending-To-Top-50B-Through-2025.html?utm_source=rss&utm_medium=rss&utm_campaign=carbon-capture-and-storage-spending-to-top-50b-through-2025 Tue, 08 Nov 2022 19:26:52 +0000 https://kiribex.com/?p=1252 Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling from 2022 to 2025.

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This Timber Company Sold Millions of Dollars of Useless Carbon Offsets https://www.bloomberg.com/news/articles/2022-03-17/timber-ceo-wants-to-reform-flawed-carbon-offset-market?utm_source=rss&utm_medium=rss&utm_campaign=useless-carbon-offsets Tue, 08 Nov 2022 19:20:26 +0000 https://kiribex.com/?p=1248 Jim Hourdequin is calling out the entire system, including some of his own projects, as broken and shortchanging the climate.

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SEC prepares to crack down on misleading ESG investment claims https://www.ft.com/content/6fefdb2c-f72e-4e52-b95b-c0727aeb1a94?utm_source=rss&utm_medium=rss&utm_campaign=misleading-esg-investment-claims Tue, 08 Nov 2022 19:17:47 +0000 https://kiribex.com/?p=1246 The SEC is poised to crack down on exaggerated environmental, social and governance credentials in investment products.

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Deutsche Bank raided by authorities over ESG ‘greenwashing’ claims https://fortune.com/2022/05/31/deutsche-bank-dws-esg-greenwashing-raid-evidence-seized-whistleblower-fixler/amp/?utm_source=rss&utm_medium=rss&utm_campaign=greenwashing-deutsche-bank-raided Tue, 08 Nov 2022 19:15:37 +0000 https://kiribex.com/?p=1244 German officials raided the offices of Deutsche Bank on suspicion of the fraudulent advertising of sustainable investment funds.

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BP Paid Rural Mexicans a “Pittance” for Wall Street’s Favorite Climate Solution https://www.bloomberg.com/features/2022-carbon-offset-credits-mexico-forest-bp?utm_source=rss&utm_medium=rss&utm_campaign=bp-paid-mexicans-pittance Tue, 08 Nov 2022 19:12:37 +0000 https://kiribex.com/?p=1242 BP has found a climate bargain in some of Mexico’s poorest areas, paying a fraction of market rate for carbon offsets to rural villagers.

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