Carbon Credit Speculators Could Lose Billions As Offsets Deemed ‘Worthless’
"Carbon credit speculators could lose billions as scientific evidence shows many offsets they have bought have no environmental worth and have become stranded assets."
"Carbon credit speculators could lose billions as scientific evidence shows many offsets they have bought have no environmental worth and have become stranded assets."
"Environmental leaders from 185 countries gathered in Vancouver, Canada, on Thursday to adopt a multibillion-dollar fund to support global conservation, and the United Nations called for contributions to help protect 30% of land and coastal areas by 2030."
"Brazilian space research center INPE said on Wednesday that carbon emissions in the Amazon forest soared in 2019 and 2020 compared to the previous decade due to poor enforcement of environmental protection policies."
"Eighteen charred bodies were found in a remote village in northeastern Greece on Tuesday where wildfires have been raging for days, the fire brigade said, as a heatwave that has seen red alerts issued across southern Europe turned deadly."
"A total of 850 people remain missing following the devastating wildfires in Maui, the Hawaiian county’s mayor said Monday, with this latest count coming ahead of President Joe Biden’s visit to the island."
"Ecuadorean referendums to ban oil drilling in a part of the Amazon and mining in a forest outside Quito easily passed, drawing cheers on Monday from Indigenous leaders and environmentalists despite warnings from oil and mining groups about billions of dollars in lost income."
"[I]t’s not often that a tropical storm from the Eastern Pacific moves through Southern California on the same weekend that three tropical storms erupt in the Atlantic. That’s where things stood on Sunday, Aug. 20, 2023."
"A mission to undo decades of damage to the redwoods of California caused by unchecked logging involves even more logging — and chain saws."
"The government of Canada's Northwest Territories declared a state of emergency on Tuesday due to wildfires that have largely destroyed one remote community and are also posing a risk to territorial capital Yellowknife."
"The death toll from the Maui wildfires reached 96 on Sunday as relatives of the missing frantically searched for signs their loved ones may still be alive, while survivors grappled with the scale of the disaster and sought solace at church services."