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31/07/2023 at 22:15●ETS. ETS2. Carbon credits

The goal of NuView is to map the Earth in 3D using satellite LiDAR

Terrestrial LiDAR (light detection and measurement) for 3D imaging has matured tremendously in the last decade thanks to consumer (mobile phones and computers) and applications for safety and autonomy in cars . More than 70 companies are vying for a piece of this billion-dollar market. Meanwhile, the technology has advanced for drones and aerial 3D imaging at higher altitudes for defense and commercial mapping (forestry, urban, real estate). Sylvera has developed a LiDAR machine learning platform , which combines ground-based, aerial and satellite LiDAR data to map forests for biomass and carbon content, enabling more transparent trading of carbon credits in commodity markets. (Sabbir Rangwala)

31. 7. 2023 o 21:03●Climate change

Environmentálne médiá“: vedúca vzdelávacia úloha pri riešení „zmeny klímy“ a prezentovaní jej výziev

Médiá zohrávajú kľúčovú úlohu pri uvádzaní do problematiky klimatických zmien a zlepšovaní úrovne informovanosti medzi členmi spoločnosti. Môžu to urobiť tak, že poskytnú presné a aktuálne informácie o klimatických zmenách, zvýraznia negatívne účinky zmeny klímy a vyzývajú ľudí, aby prijali opatrenia na zmiernenie účinkov zmeny klímy.

Tu je niekoľko príkladov toho, ako médiá môžu pomôcť riešiť klimatické zmeny:

Môžu poskytovať presné a aktuálne informácie o klimatických zmenách, vrátane príčin, účinkov a možných riešení.
Môžu zvýrazniť negatívne účinky zmeny klímy, ako sú prírodné katastrofy, stúpajúca hladina morí a zmeny v ekosystémoch.
Môžu vyzývať ľudí, aby prijali opatrenia na zmiernenie účinkov zmeny klímy, ako je zníženie spotreby energie, zníženie emisií uhlíka a podporu obnoviteľných zdrojov energie.
Môžu podporovať diskusiu o riešeniach klimatických zmien a povzbudzovať ľudí, aby sa zapojili do verejnej politiky.

Médiá môžu zohrávať dôležitú úlohu pri riešení klimatických zmien. Môžu poskytnúť informácie, ktoré ľudia potrebujú na to, aby urobili informované rozhodnutia, a môžu povzbudiť ľudí, aby prijali opatrenia na zmiernenie účinkov zmeny klímy.

Tu je niekoľko konkrétnych príkladov toho, ako médiá už pomáhajú riešiť klimatické zmeny:

V roku 2021 vydala nezisková organizácia Climate Central štúdiu, ktorá zistila, že médiá sa vo všeobecnosti zaoberajú klimatickými problémami v kontexte prírodných katastrof. Štúdia však tiež zistila, že médiá sa začínajú viac zaoberať potenciálnymi riešeniami klimatických zmien.
V roku 2022 spustila nezisková organizácia Solutions Journalism Network projekt, ktorý podporuje novinárov pri písaní o riešeniach klimatických zmien. Projekt sa nazýva „The Solutions Journalism Network“ a poskytuje novinárom prístup k zdrojom, výcviku a podpore pri písaní o klimatických zmenách.
V roku 2023 spustila nezisková organizácia The Climate Reality Project projekt, ktorý podporuje ľudí pri zapájaní sa do verejnej politiky v oblasti klimatických zmien. Projekt sa nazýva „The Climate Reality Project“ a poskytuje ľuďom prístup k informáciám, výcviku a podpore pri zapájaní sa do verejnej politiky v oblasti klimatických zmien.

Tieto príklady ukazujú, že médiá začínajú zohrávať dôležitejšiu úlohu pri riešení klimatických zmien. Môžu poskytnúť informácie, ktoré ľudia potrebujú na to, aby urobili informované rozhodnutia, a môžu povzbudiť ľudí, aby prijali opatrenia na zmiernenie účinkov zmeny klímy.

31. 7. 2023 o 20:25●Climate change

Deň, keď… zmena klímy dosiahne bod, z ktorého niet návratu

Predstavte si svet, kde je priemerná teplota o 4 stupne vyššia ako v predindustriálnych časoch. Svet, kde dni najhorších vĺn horúčav , aké sme zažili v posledných rokoch, by boli len obyčajnými letnými dňami, ktoré sa niekedy blížia k 50 stupňom v tieni alebo ich v niektorých oblastiach planéty dokonca prekračujú. Svet sucha, chudokrvnej podzemnej vody, teraz vyschnutých megabazlín , prírodných prameňov tečúcich tak nízko, že by ich museli opustiť aj licencovaní plniči . Svet, kde cyklóny a tropické búrky teraz ničia oblasti, kde boli neznáme, kde by sa gigantické lesné požiare vyskytovali takmer bežne a zaťažovali atmosféru časticami, ktoré ešte viac znečisťovali mestá. Svet, kde by cena elektriny stúpla a … (Jean-Paul Fritz)

31. 7. 2023 o 18:33●Climate change

Klimatické zmeny menia farbu oceánov: Čo hovorí nová štúdia

Podľa novej štúdie sa farba zemských oceánov za posledné dve desaťročia výrazne zmenila, s najväčšou pravdepodobnosťou v dôsledku zmeny klímy vyvolanej človekom. Viac ako 56 percent oceánov, čo je viac ako celková plocha pevniny na planéte, zaznamenalo zmenu farby, dodal. Štúdia s názvom „Globálne trendy zmeny klímy zistené v ukazovateľoch ekológie oceánov“ bola publikovaná začiatkom júla v časopise Nature. Vykonali ho BB Cael a Stephanie Henson z Národného oceánografického centra so sídlom v Spojenom kráľovstve, Kelsey Bisson z Oregonskej štátnej univerzity (USA), Emmanuel Boss z University of Maine (USA) a Stephanie Dutkiewicz z Massachusetts Institute of Technológia

31/07/2023 at 18:25●Znižovanie CO2 . CDR . CCS . DAC

10 effective energy-saving measures for saving water and reducing CO2 emissions

1. Shower more often instead of bathing

A soothing bath is a beautiful thing. There is no doubt about it. However, if you want to save energy and therefore money, you should take a closer look at the numbers here:

A normal bathtub has a volume of 150 to 200 liters
We use an average of 70 liters when showering

If you bathe less often, you will avoid up to 115 kg of CO ₂ per year in a 2-person household. In addition, there is up to 105 euros less for water and heating. The information refers to a household with decentralized water heating (usually an instantaneous water heater). In the case of central hot water preparation, the exact savings potential may deviate from this.

2. Save water when showering

With a normal shower head, you use approximately 12 to 15 liters of water per minute. Economical shower heads, on the other hand, allow only 6 to 7 liters. This allows you to immediately reduce consumption, costs and CO emissions _{2 .}The temperature of the water is also important. It is true: the colder the water, the greater the savings. The length of the shower is also important. If you shower for more than 10 minutes a day, then the saving effect compared to a full bath is zero.

3. Save tap water

You save hot water not only when showering and bathing. Even when washing at the sink, you can quickly achieve savings with inexpensive measures.

Aerator and water volume regulator. Inconspicuous helpers are attached directly to the faucet and can be there save up to half of water consumption . Aerators (also called aerators or aerators) optimize the flow of water from the faucet and add air to the water. This reduces consumption while maintaining the comfort of cleaning .

Simple helpers are available in different versions , for example in hardware stores:

as a simple mixing nozzle,
with ball joint or intermediate hose and
with a switch for different amounts of water.

However, water savers are not always suitable for instantaneous water heaters and pressureless storage tanks. An alternative there can be so-called water volume regulators: They reduce the water pressure before the water jet emerges. But even here restrictions may apply for pressureless boilers or instantaneous water heaters.

4. Clean laundry efficiently

When washing clothes, on average approx 12 percent of household water . For costs and CO ₂ the energy consumption for heating water for washing is decisive. Electricity is usually used here, unless the washing machine is powered by an extra hot water connection.

How save money on laundry :

Washing machines should usually be fully loaded.
Thanks to modern cold detergents, lower temperatures are usually sufficient.
Ecological programs have a shorter washing time and lower water consumption.
Even working without prewashing is often not a loss of comfort, but it saves a lot of water and energy and protects the clothes.
If the laundry is heavily soiled, wash longer instead of hotter. A single hot wash after several regular washes will help fight stubborn dirt and bacteria. Much of the laundry can also be pre-treated with bile soap.
Replace old devices and look for a suitable replacement. For water and electricity guzzlers, it pays to buy a new one before the old one breaks down. But only if you pay attention to a good energy efficiency class.

5. Optimize fittings

You are still using mixing faucet or two-handle faucet for tap and you have to laboriously regulate the water temperature every time? Especially when showering, the decision between comfort and energy saving is unpleasant: either you keep the water running, or you have to adjust the temperature again after turning it off and foaming.

At single-lever batteries or single-lever batteries the flow of hot water at the sink can be turned off with the handle. It is even better if the temperature is already preset, such as with a fully electronic instantaneous water heater, which can be set to a precise degree.

It is a cost-effective alternative to pressure water heaters shower stop . The water flow is stopped by a button on the shower head or a small lever.

6. Check seals and insulation

7. Optimally regulate the water temperature

8. Turn off the small storage tank and save water

9. Ensure efficient circulation of hot water

10. Let the sun warm you, geothermal heat

(AI, co2online)

31/07/2023 at 12:29●ETS. ETS2. Carbon credits

What is inset and how does it differ from offset?

IF YOU'VE been to an industry conference or field day in the past year, chances are you've heard the terms "insertion" and "offset" thrown around in conversation about carbon. The terms refer to how carbon credits can be used and are often seen as something that complicates an already complicated concept. With that in mind, this article will focus on clarifying embedding and compensation, and we'll look at why these two terms cause so much debate. For this explanation, let's assume that you've already done the work and been issued carbon credits for every ton of CO2 you keep out of the atmosphere. Like sheep, cattle or grain, carbon is now a commodity in the market for you and you have some big decisions to make.

31. 7. 2023 o 12:20●Climate change

Discover the tool for funding opportunities for regional adaptation to climate change

Projekt REGILIENCE, financovaný Európskou komisiou v rámci programu HORIZONT 2020, poskytuje komplexný zoznam možností financovania projektov prispôsobenia sa zmene klímy. Od miestnych až po medzinárodné zdroje vám tento nástroj pomáha filtrovať možnosti financovania na základe vašej polohy, sektorov (vrátane poľnohospodárstva, energetiky, dopravy, vodného hospodárstva a ďalších), veľkosti projektu a kritérií oprávnenosti.

https://regilience.eu/funding-opportunities/

31/07/2023 at 6:50●Institutions

National Oceanic and Atmospheric Administration

NOAA is an agency that enriches life through science. Our scope extends from the surface of the Sun to the depths of the ocean floor as we strive to inform the public about the changing environment around them. NOAA's products and services support economic vitality and impact more than a third of America's gross domestic product—from daily weather forecasts, severe storm warnings, and climate monitoring to fisheries management, coastal restoration, and support for maritime trade. NOAA's dedicated scientists use cutting-edge research and state-of-the-art instrumentation to provide citizens, planners, emergency managers and other decision-makers with the reliable information they need, when they need it. NOAA's mission to better understand our natural world and help protect its precious resources extends beyond state borders to include monitoring global weather and climate and working with partners around the world. Our agency holds key leadership roles in shaping international policies on oceans, fisheries, climate, space and weather. Many of NOAA's assets—including research programs, vessels, satellites, science centers, laboratories, and a vast pool of distinguished scientists and experts—are essential, internationally recognized resources. We work closely with other countries to improve our ability to predict and respond to climate change and other environmental challenges that threaten the Earth's natural resources, human life and economic vitality.

31/07/2023 at 6:38●Climate change Znižovanie CO2 . CDR . CCS . DAC

The urgency of reducing carbon emissions

The climate crisis is one of the most pressing challenges we face as a society. The release of greenhouse gases into the atmosphere causes global warming, which results in a number of negative impacts, including more frequent and intense extreme weather events, rising sea levels and changes in the environment.

Our region is significantly affected by the climate crisis. In recent years, we have seen an increase in the number of extreme weather events such as floods, droughts and heat waves. These events caused damage to property, infrastructure and agriculture and also resulted in deaths.

Our greenhouse gas emissions continue to increase. In 2022, we produced more emissions than ever before. Most of our emissions come from burning fossil fuels for electricity, heating and transport.

We must reduce our greenhouse gas emissions to stop the climate crisis. We can do this by investing in renewable energy sources such as solar and wind, making our homes and businesses more energy efficient and changing the way we travel.

Everyone can contribute to reducing carbon emissions. We can start with small changes in our daily lives, such as switching to more energy-efficient light bulbs, walking or cycling instead of driving, and recycling. We can also engage in activism and support policies that support carbon reduction.

Reducing carbon emissions is an urgent task. We must act now to save our planet for future generations.

Here are some concrete things we can do to reduce our carbon emissions:

Switch to renewable energy sources such as solar and wind power.
Increase the energy efficiency of your home and business.
Change the way you travel. Walk or cycle instead of driving. If you must drive, carpool or use public transportation.
Eat less meat. Meat production is a major source of carbon emissions.
Recycle and compost.
Support policies that support carbon reduction.

Reducing carbon emissions is an urgent task, but it is not impossible. If we all act, we can make a difference. (AI)

31/07/2023 at 6:30●Znižovanie CO2 . CDR . CCS . DAC

Climate protection in everyday life - 2. Mobility without emissions

The transport sector produces 22 percent of Slovak CO2 emissions. The share has even increased in recent years instead of decreasing. The revolution in mobility must not wait any longer, it is high time to phase out internal combustion engines and more offers of sharing, safe sidewalks and cycle paths and expanded local public transport.

But even now everyone can contribute to climate protection and reach the goal without emissions. If you cycle 5 kilometers to work, you save around 310 kilograms of CO2 per year. Especially for short distances in the city, for example to the bakery, it is often faster to go by bike or on foot than by car. A cargo bike is recommended for bulk purchases. Longer distances in the city or in the countryside can easily be covered with an e-bike or a rental car, there are plenty of sharing offers.

Reduce your carbon footprint

There are many ways to reduce your carbon footprint through transportation. Here are some tips:

Ride a bike or walk short distances.
Travel by public transport or shared car.
Buy an electric car or a hybrid.
Reduce the number of trips you make.
Travel more responsibly when you drive.

Change is possible

A change in mobility is possible. Together we can contribute to climate protection and create a better future for all of us.

31. 7. 2023 o 6:16●Climate change

Takto môžu byť záhrady chránené pred klimatickými zmenami

„Svieži zelený trávnik v lete je obrazom záhrady, s ktorým sa musíme rozlúčiť“ – je o tom presvedčená Eva Hofmann. V záhradnej akadémii Porýnie-Falcko skúma, čo ešte môže v budúcnosti dobre rásť v záhradách. Tým, ktorí neznesú pohľad na vyschnutú hnedú trávu, odporúča záhradnícka inžinierka takzvané bylinkové trávniky alebo kvetinové lúky. Bylinkové trávniky sa zvyčajne vyvinú samé, ak sa kosia menej často, už sa nepolievajú a neprihnojujú a je povolené prirodzené usídlenie divo rastúcich rastlín. „Samozrejme, existujú na to aj skvelé zmesi semien,“ hovorí Hofmann. Ležať a hrať sa dá aj na bylinkových trávnikoch, kvetinové lúky by sa naopak zvýšili a nie sú určené na šliapanie. (Johanna Wahl, SWR)

30/07/2023 at 21:41●Znižovanie CO2 . CDR . CCS . DAC

Climate tipping points

A climate tipping point is the point beyond which the planet's climate will change dramatically. A tipping point can be triggered by human activity, such as the burning of fossil fuels, or by natural processes, such as a change in the Earth's orbit around the Sun.

Some of the tipping points that could be triggered by the climate crisis include:

Complete melting of the polar ice caps: The glistening white ice masses of the poles reflect the sun's energy back into space. If it were to melt, the underlying darker masses of water or land would absorb and store the sun's energy - warming the world more and faster.
Thawing permafrost soils: They store large amounts of the extremely climate-affecting greenhouse gas methane, which escapes during thawing and further contributes to the climate crisis.
Absence of ocean currents such as the Gulf Stream: It is already clear today that the increased influx of fresh water due to heavier precipitation and melting of glaciers and poles, as well as warmer seas, is leading to a massive destabilization of the Atlantic meridian with an overturning of the circulation. (AMOC), which also includes the Gulf Stream. If this ocean current collapses irretrievably, it will have catastrophic consequences for the weather in Europe and around the world.
Jet Stream Collapse: This band of winds carries our high and low pressure systems around the world. The airspace is already beginning to wobble due to altered temperature differences between the tropics and the Arctic - with dire consequences: Record heatwaves with deadly temperatures around 50 degrees in Canada and the northern US in 2021, devastating wildfires in Canada in 2016, floods in Germany in 2021 and in Europe in 2013 and the heat wave in Russia in 2010, experts attribute it to jet stream stuttering, for example. Imagine what we're in for if this air belt gets completely out of balance!

If tipping points occur, the planet's climate can change very quickly and unpredictably. This could have serious consequences for life on Earth, including the destruction of ecosystems, rising sea levels and the emergence of new diseases.

It is important to note that tipping points are not inevitable. If we take action to reduce greenhouse gas emissions and mitigate the climate crisis, we can help prevent these tipping points from being activated. (AI

30/07/2023 at 15:57●ETS. ETS2. Carbon credits

Campaign group Forest renews accusation that carbon credit verification systems are flawed

A new assessment by the Rainforest Foundation UK raises fresh concerns about the validity of carbon offset schemes.
The campaign group claims that all the leading carbon credit verification schemes have allowed millions of credits to enter the voluntary carbon market, which do not exactly represent reductions in greenhouse gas emissions.
The RFUK is calling for a shift in focus to measures such as global carbon fees and debt relief for poor countries, which it says would tackle the root causes of emissions.
Verra and several REDD+ project managers told Mongabay RFUK's analysis is ideologically motivated, insisting that while credit checks are not perfect, they are producing real, positive results. (Victoria Schneider)

30/07/2023 at 14:23●Znižovanie CO2 . CDR . CCS . DAC

Climate protection in everyday life - 1. Switch to green electricity

Switching to green electricity is one of the most important things we can do to protect the climate. Green energy is renewable and produces no greenhouse gas emissions, meaning it is much better for the environment than electricity from coal, gas or oil.

There are many benefits to switching to green electricity. In addition to being good for the environment, it can also be cheaper than electricity from fossil fuels. Green energy prices have fallen significantly in recent years and will likely continue to fall in the future.

There are many ways to switch to green electricity. You can choose a green electricity supplier, install a solar panel or build a wind turbine. You can also make lifestyle changes to reduce your energy use, such as turning off lights when you're not using them or using energy-efficient appliances.

Switching to green electricity is a simple change you can make to protect the climate. It's also a beneficial change that can save you money. So what are you waiting for? Switch to green electricity today! CO2 emissions can be reduced by 90 percent using green electricity. A household of four can save approximately one ton of CO2 per year by switching to green electricity

Here are a few more reasons to switch to green electricity:

Green energy is sustainable. Renewable energy sources such as the sun and wind never run out.
Green energy is clean. Green energy production does not produce any greenhouse gas emissions that contribute to climate change.
Green energy is safe. Green energy production is not associated with risks such as power plant accidents or oil extraction.
Green energy is supported by the public. Most people support the transition to green energy.

If you want to switch to green electricity, there are several things you can do:

Choose a supplier of green electricity. There are many green electricity suppliers that offer different prices and plans.
Install the solar panel. Solar panels can help you generate your own green energy.
Build a wind turbine. Wind turbines can help you generate your own green energy.
Make changes to your lifestyle to reduce your energy consumption. You can turn off lights when you're not using them or use energy-saving appliances.

Switching to green electricity is a simple and convenient way to protect the environment and do something for the future of our planet. (AJ)

30/07/2023 at 13:25●Institutions Climate change

CDP global information disclosure system for investors, companies, cities, states and regions

Climate change. We believe that improving business awareness through measurement and disclosure is essential to effectively managing carbon and climate change risks. On behalf of 746 institutional investor signatories with total assets of USD 136 trillion and more than 280 large purchasers with public procurement expenditures of more than USD 6.4 trillion, we are demanding information from the world's largest companies on climate risks and the opportunities of a low-carbon economy.

"by clicking on the title of the article, you will be redirected to the entire article"

30/07/2023 at 11:06●Carbon neutrality Znižovanie CO2 . CDR . CCS . DAC

Natural CO2 reduction can be implemented faster and is less risky than high-tech approaches

Carbon dioxide can be removed from the atmosphere by natural or technical means. Natural sinks such as bogs can be restored and innovative technologies already exist to capture carbon from the air. Researchers in the "Netto-Zero-2050" cluster of the Helmholtz Climate Initiative have identified the most promising approaches in Germany. They show that natural sinks can be scaled up in the short term, while technologically advanced approaches could only reduce greenhouse gases in the medium term and carry potential risks. (Meike Lohkamp)

30. 7. 2023 o 10:31●Climate change

Ako by sa pracovné právo dalo prispôsobiť zmene klímy

Vzťah medzi klimatickými zmenami a pracovným právom je komplexný a neustále sa rozvíjajúci. Zvýšené teploty a vlhkosť spôsobené zmenou klímy môžu viesť k zvýšenému riziku pre zdravie a bezpečnosť pracovníkov, ako aj k narušeniu pracovných podmienok a produktivite. V dôsledku toho je dôležité, aby boli pracoviská prispôsobené zmene klímy a aby boli pracovníci chránení pred jej účinkami.

Jedným zo spôsobov, ako prispôsobiť pracoviská zmene klímy, je znížiť expozíciu pracovníkov teplu. To možno dosiahnuť zlepšením vetrania a klimatizácie, ako aj poskytnutím ochranného vybavenia, ako sú klobúky, okuliare a slnečná ochrana. Je tiež dôležité zabezpečiť, aby mali pracovníci dostatok vody na pitie a možnosť pravidelných prestávok v chladnejšom prostredí.

Ďalším spôsobom, ako prispôsobiť pracoviská zmene klímy, je zmeniť pracovné postupy tak, aby boli menej náročné na energiu. To možno dosiahnuť napríklad používaním efektívnejšieho elektrického vybavenia, ako aj využívaním prirodzeného svetla a vetrania. Je tiež dôležité znížiť množstvo odpadu a emisií, ktoré pracoviská produkujú.

V konečnom dôsledku je dôležité, aby zamestnávatelia, zamestnanci a vlády spolupracovali na riešení výziev, ktoré so sebou zmena klímy prináša. Prispôsobením pracovísk zmene klímy a ochranou pracovníkov pred jej účinkami môžeme pomôcť zabezpečiť, aby boli pracoviská bezpečné, zdravé a produktívne aj v budúcnosti.

Tu sú niektoré konkrétne príklady toho, ako môže byť pracovné právo prispôsobené zmene klímy:

Zamestnávatelia by mali mať povinnosť poskytnúť pracovníkom ochranné vybavenie, ktoré ich chráni pred horúčavou, ako sú klobúky, okuliare a slnečná ochrana.
Zamestnávatelia by mali mať povinnosť zabezpečiť, aby mali pracovníci dostatok vody na pitie a možnosť pravidelných prestávok v chladnejšom prostredí.
Zamestnávatelia by mali mať povinnosť zmeniť pracovné postupy tak, aby boli menej náročné na energiu.
Zamestnávatelia by mali mať povinnosť znížiť množstvo odpadu a emisií, ktoré produkujú.
Pracujúci by mali mať právo odmietnuť prácu v nebezpečných podmienkach spôsobených zmenou klímy.
Pracujúci by mali mať právo na odškodnenie v prípade zranení alebo chorôb spôsobených zmenou klímy.

Tieto sú len niektoré príklady toho, ako môže byť pracovné právo prispôsobené zmene klímy. Je dôležité, aby sa o tejto téme diskutovalo a aby sa prijali kroky na ochranu pracovníkov pred účinkami zmeny klímy. (AI)

30. 7. 2023 o 9:52●Climate change

Will climate change cause another pandemic?

Rising temperatures and climate risks are expected to contribute to the spread of infectious diseases, including viruses. Which worries some scientists. Some people think we're done with pandemic stories. But we risk having many more of them. I know I sound like a bird of ill omen when I say that! Hervé Fleury, virologist and professor emeritus at the CNRS and the University of Bordeaux, does not mince words. For him, the observation is clear: the loss of land in connection with the Covid-19 pandemic in no way marks the end of the danger posed by viruses. According to him, humanity would even have a good chance of encountering it again in the coming years. "There are many factors: changes in ecosystems, deforestation, increase in the number of people, resettlement of populations... Even the airplane, which is a very important way of transmitting the virus," he states. searcher. (Timothée Barnaud)

29/07/2023 at 12:19●ETS. ETS2. Carbon credits

Carbon Markets Update - Q2 2023

Over the past few years, market conditions have changed so dramatically that today, regardless of their products or services, every company is also doing business in the environmental field. Spurred on by the real impacts of climate change, many consumers are now demanding environmental action from corporations and preferring to buy products marketed as green. Many companies therefore market their products as "net zero" or "carbon neutral" - and commit to becoming "net zero" as a business by a certain date. To support these pledges, companies often purchase carbon credits from voluntary carbon markets to voluntarily offset or mitigate their carbon emissions.

29/07/2023 at 12:15●ETS. ETS2. Carbon credits

Are we ready for a "Carbon" Futures Trading Commission?

The Commodity Futures Trading Commission (CFTC) is testing the waters for its commodity-based carbon credit market. As an agency traditionally charged with regulating commodities, the commission recently launched an unsanctioned environmental market to oversee the exchange of "carbon credits."

Last week, CFTC Chairman Rostin Bentham hosted the second voluntary carbon markets at the agency's headquarters in Washington, DC, roughly a year after the first meeting in June 2022. The CFTC recently she announced , that the market for voluntary carbon credits is worth $2 billion and is expected to grow to $250 billion by 2050, according to Morgan Stanley research. But that doesn't answer the question of why the CFTC decided to get into the business of regulating carbon credits in the first place. Why does the CFTC assume it can regulate credits—instruments that are more of a cross between a protective easement and a security—when its jurisdiction is limited to commodity trading?