Posts Tagged ‘Emissions trading’
Keep Agriculture for Food, not Carbon$$
By Stephen Leahy
DURBAN, South Africa, Dec 2 2011 (IPS)
Civil society has warned of the danger of turning Africa’s food-producing lands into “carbon farms” so that rich countries can avoid making cuts in their carbon emissions.
On Friday, they called on host country South Africa to refrain from forcing so-called “climate smart” agriculture into the United Nations climate treaty negotiations known as the 17th Conference of the Parties (COP 17).
South African President Jacob Zuma has stated that agriculture should be part of a new climate treaty. South African officials have previously told IPS they want it included so there will be “specific funds and specific actions” for agriculture under the U.N. Framework Convention on Climate Change.
“Putting agriculture into a future climate treaty is supposedly a consolation prize to Africa for failure by rich countries to agree to legally binding targets,” said Teresa Anderson of the Gaia Foundation, an international non-governmental organisation based in London.
“This consolation prize is a poisoned chalice. It will lead to land grabs and deliver African farmers into the hands of fickle carbon markets,” Anderson told IPS.
Agriculture is a major source of global warming gases like carbon and methane – directly accounting for 15 percent to 30 percent of global emissions. When the entire food production system is included, total agriculture emissions represent nearly half of all emissions. For those reasons there have been previous efforts to incorporate agriculture under a new climate treaty.
Changes in agricultural practices can greatly reduce emissions. However, the best way to do that is through regulations, not a climate treaty and carbon credits, said Anderson.
“Why are markets now seen as the only solution when less than 10 years ago they weren’t a focus at all?” Read the rest of this entry »
Carbon markets have failed – prone to fraud – experts report
Climate change is the world’s biggest market failure so why would we expect carbon markets to save the day? There isn’t going to be a climate treaty for some years yet.It is simply too complex and politically charged. Don’t be too depressed about this. We are in uncharted waters as a species in trying to find an equitable way to manage the climate of our planet. But action is needed now and the best place is at our local neighbourhood level to save energy, use alternatives, build communities and inform people IMHO. — Stephen
By Stephen Leahy*
BONN, Jun 22, 2011 (Tierramérica)
Carbon markets have been widely promoted as the only way to generate enough money to enable industries and countries to reduce their carbon dioxide emissions, which are largely responsible for global warming. The only problem is that nearly 20 years after their conception, they have failed to work, and have also been subject to fraud and other financial crimes.
Interpol, the world’s leading policing agency, has warned that carbon market schemes are easily taken advantage of by organised crime.
Earlier this year, carbon credits worth 38 million dollars went missing in the European Union’s carbon market after funds were transferred by computer hackers from the Czech Republic to Poland, Estonia and Liechtenstein before disappearing. That was the fourth time funds had been stolen or mislaid.
“A lawyer formerly involved in carbon trading told me that if markets are still trading carbon 10 or 15 years from now, then the global environment will be in very big trouble,” Steve Suppan, senior policy analyst at the U.S.-based Institute for Agriculture and Trade Policy (IATP), told Tierramerica.
“Carbon markets are open to fraud, misrepresentation and deceptive promotion,” Suppan said in an interview at the United Nations Framework Convention on Climate Change (UNFCCC) negotiating sessions held in Bonn Jun. 6-17.
These markets have had huge support from governments and they still do not work to effectively reduce greenhouse gas emissions, said Suppan, whose organisation works on trade, agriculture and environmental issues.
Read the rest of this entry »
By Stephen Leahy
BONN, Jun 17, 2011 (IPS)
Negotiations over a new international climate agreement are on the brink as new analyses show that carbon emission reduction promises by industrialised nations are actually lower than those made by China, India, Brazil and other developing nations.
Even with all the promises or pledges added together they are still far short of cuts needed to prevent global temperatures from rising two degrees Celsius, experts reported here.
“It’s a very sad picture we see here,” said Marion Vieweg of Climate Analytics, a German NGO that analyses climate science and policy.
“The rich nations are doing nothing to improve their emissions pledges,” Vieweg told reporters during the final hours of the United Nations Framework Convention on Climate Change (UNFCCC) negotiating session here in Bonn. These meetings are intended to work out the details for a new international agreement for government ministers to consider at the 17th Conference of the Parties under the UNFCCC in Durban, South Africa in late November.