carbon trading

Planet Watch

Denmark, Costa Rica to launch no-fossil-fuel bloc

Denmark and Costa Rica jointly announced that they are launching an alliance of nations committed to setting a firm date to completely phase out use and production of fossil fuels. The two countries hope to present the initiative, tentatively dubbed the Beyond Oil & Gas Alliance (BOGA), at the upcoming UN climate summit in Glasgow. Nearly 60 countries have made some sort of net zero emissions pledge, but only a handful of those have actually set a target in law or enacted bans on new fossil fuel exploration and production. An International Energy Agency report released earlier this year found that new fossil fuel exploration needs to halt by 2022 in order to keep warming within the limits set by the 2015 Paris Agreement. (Photo: Flickr/photodiscoveries via weather2travel.com)

The Amazon

Brazil’s Amazon is now a net carbon source: study

The Amazon has long played a vital role in balancing the global carbon budget, but new evidence suggests the climate scales are tipping in the world’s largest rainforest. Now, according to a study published in Nature, the Brazilian Amazon is emitting more carbon than it captures. Southeastern Amazonia, in particular, switched from being a carbon sink to a carbon source during the study period. Emissions were high in 2010, when the study began, because of a dry El Niño year, and researchers expected to see emissions return to normal afterward. But this never happened. The reason: emissions from forest fires—which have accelerated dramatically under President Jair Bolsonaro. (Photo via Mongabay)

Planet Watch

Innu Nation sues Hydro-Quebec

The Innu Nation of Labrador announced that it is seeking $4 billion in damages from Hydro-Quebec over its mega-dam on the Upper Churchill River. The suit, filed in the Supreme Court of Newfoundland & Labrador, seeks compensation for the theft of ancestral Innu land to build the Churchill Falls hydro-electric project, leading to devastation of their community’s culture and way of life. “The impact of Churchill Falls has been felt across generations of Innu,” said Grand Chief Etienne Rich. He charged that Hydro-Quebec and the provincial utility in Newfoundland, now called Nalcor Energy, “stole our land and flooded it in order to take advantage of the enormous hydro potential of the Churchill Falls. This project was undertaken without consulting us and without our consent.” New York City is pinning many of its hopes to cut carbon emissions on imported Canadian hydropower, but environmentalist opponents point to the impact of planned hydro projects on indigenous lands. (Image: Innu Nation)

Planet Watch

Madrid climate talks a total bust

Nearly half a million demonstrators gathered in Madrid as the UN Climate Change Conference (COP25) opened more than two weeks ago, with young Swedish activist Greta Thunberg the star of the show at a mass rally. But despite being the longest climate summit yet, the affair ultimately amounted to little. Nearly 27,000 delegates came together with the supposed aim of finalizing the “rulebook” of the Paris Agreement, which is to officially take effect in 2020—settling mechanisms for international cooperation under Article 6 of the deal. But, unable to agree on terms, delegates finally invoked “Rule 16” of the climate process—allowing them to put off the critical decisions for another year. This means there will have been no progress when COP26 is convened in Glasgow in November 2020. UN Secretary General António Guterres tweeted that he was “disappointed” with the results of COP25, and that “the international community lost an important opportunity.” (Photo: Global Justice Ecology Project)

The Amazon

US accuses Peru of violating FTA forestry provisions

The White House is accusing Peru of violating its commitment to protect the Amazon rainforest, threatening to hold Lima in violation of the US-Peru Free Trade Agreement . Robert Lighthizer, President Trump's top trade negotiator, announced that he is seeking consultations with Lima to address concerns about its recent move to curtail the authority of Peru's auditor for timber exports, the Organism for the Supervision of Forestry Resources (OSINFOR), established as a provision of the trade agreement. The move move had been demanded by Peru's logging industry following an OSINFOR seizure of illegal timber. The White House needs support from congressional Democrats to pass the pending US-Mexico-Canada Agreement, Trump's replacement for NAFTA, which is supposed to have tougher labor protections. The forestry annex in the Peru agreement was conceived as a model for a new inspection system that could include confiscation at the border of goods found to violate treaty provisions, and the prosecution of companies that import noncompliant products. (Image via Sierra Club)

The Amazon

Bolsonaro starts term with assault on indigenous

On his first day in office, President Jair Bolsonaro issued a measure taking away responsibility for indigenous land demarcation from the indigenous affairs agency, FUNAI, and handing it over to the Agriculture Ministry. In the same decree, Bolsonaro shifted authority over regularization of quilombos (Afro-Brazilian collective lands) from the agrarian reform institute, INCRA, to the Agriculture Ministry. The measure greatly weakens FUNAI, taking away its most important function. In practice, key areas of indigenous and quilombo policy will now be in the hands of agribusiness advocates—a long-time demand of the Bancada Ruralista (agribusiness lobby) in Congress. Bolsonaro is openly calling for abolition of Brazil's large indigenous reserves, a move with grave implications for the Amazon rainforest and global climate. (Photo: Kayapo women in Brazilian Amazon, via FUNAI)

Europe

The Yellow Vests and the carbon wars

The Yellow Vest movement in France scored a victory, as President Emmanuel Macron agreed to suspend a controversial fuel tax after weeks of increasingly violent protests. This may be concretely a win for the working class, but the fact that Macron imposed the tax in the name of reducing carbon emissions has provided fodder for anti-environmental content to the movement. Exploiting this moment, Donald Trump blamed the uprising on the Paris climate accord, tweeting: “The Paris Agreement isn’t working out so well for Paris. Protests and riots all over France. People do not want to pay large sums of money, much to third world countries (that are questionably run), in order to maybe protect the environment. Chanting ‘We Want Trump!’ Love France.” (Photo via CrimethInc)

Planet Watch

Canada: court halts Trans Mountain pipeline plan

Canada’s Federal Court of Appeal overturned the government’s approval of the Trans Mountain pipeline expansion. A number of groups challenged the approval, including several First Nations and two municipalities, asserting that the indigenous communities that would be impacted by the expansion were not adequately consulted on the project. Following the Federal Court’s decision, Alberta Premier Rachel Notley said she is pulling her province out of Canada’s national climate change plan until construction resumes. (Photo: Robzor)

Africa

DRC opens rainforest to oil, logging interests

Concern is mounting for the Democratic Republic of Congo’s vast forests and rich wildlife as logging concessions and licenses to explore for oil in protected areas are prepared ahead of presidential elections later this year. A moratorium on industrial logging, in place since 2002, has been broken with three concessions reportedly handed out by the DRC environment ministry to Chinese-owned logging companies. A further 14 logging concessions are expected to be granted within months, according to a Greenpeace investigation. In addition, the government is preparing to reclassify large areas of Salonga and Virunga national parks—both UNESCO World Heritage sites—to allow oil exploitation. (Photo via Global Forest Watch)

Planet Watch

Indigenous voice won in UN climate process

Indigenous groups claimed a victory at the UN climate talks in Bonn as governments acknowledged for the first time that they can play a leadership role in protecting forests and keeping global temperatures within safe levels. But some critics point out that the adopted text stops short of actually acknowledging indigenous rights over land and territory.

Planet Watch

A ‘New Oil Order’?

Experts declare a "new oil order" in which hydrocarbons will lose market share to renewables. But is it market conditions or geopolitics that explain the current price slump?

Planet Watch