The European Commission’s “Impact Assessment”, presented with the climate proposals for 2030, describes various scenarios for achieving the CO2 targets. What is striking is that there is still a gap in the emissions budget. The Commission wants to promote CO2 storage in nature and soils through additional market incentives. That is indeed an important, but…
Tag: carbontrading
Madrid: Rather no deal on carbon trading than a bad deal for the climate: what’s next?
It is now up to the British.Halfway through the climate summit it looked as the Final Declaration of the Climate Summit in Madrid would become very weak. That would make the postponement of the market rules even worse. The statement “Chile Madrid Time for Action“ now indicates that countries together do not do enough and…