If you’ve read the first article, you’re probably curious about what the marketplace might look like and how to use it? Well, in this article we’re going to show you. We’re going to give you a preview of what it might look like and explain, how you go about using it? Disclaimer: Screenshots shown are not final, product is subject to change before launch, this is a very early proof of concept, the final version is likely…
We are currently being under served by the voluntary carbon markets. Despite their intent, they present many issues, including high intermediation, complex verification mechanisms, and confusing quality signals. But most importantly, these markets are failing due to severe inaccessibility and low innovation, which for the future, among other things, brings risks of demand overwhelming an undeveloped system. However, even with these failings, the carbon markets are still one of the most promising mechanisms to address…
First impressions There is no question that ouryouthful notion of climate stability is changing. Newspaper headlines from Australia, Canada, the United States, Russia, and worldwide show an increase intemperatures, often spiking to new highs, enormous forest fires, persistentdroughts, and record floods. All these events attest to the accuracy ofscientific forecasts that temperatures will rise and the variance intemperatures and rainfall will increase. So what is to be done? It is well known that greenhousegas…
Rates of basal melt of Antarctic ice shelves (melting of the shelves from underneath) overlaid on a 2009 mosaic of Antarctica created from data from NASA’s Moderate Resolution Imaging Spectroradiometer (MODIS) instrument aboard NASA’s Terra and Aqua spacecraft. Red shades denote melt rates of less than 5 meters (16.4 feet) per year (freezing conditions), while blue shades represent melt rates of greater than 5 meters (16.4 feet) per year (melting conditions). The perimeters of…
The world is going postal; and by that, I mean people are getting restless and, dare I say it, angry that Uncle Sam, Joe blogs, and everyone in between are so unequipped for the digital age. In September 2021 alone, IT Governance estimates that there were over 91 million breached records [1], a statistic compounded by Fortunes estimations that by October 2021 the number of total security breaches had already surpassed that of 2020 [2].…
The carbon markets are being highly criticised for their inability to deliver on their founding principle — to reduce global greenhouse gas emissions. There are a number of reasons they’re not reaching this goal, namely because of their highly intermediated and fragmented nature.
The Contentious Issue of Article 6 Article 6 is the key to opening up the greenhouse gas compliance credit market, but many provisions have not been agreed upon. Outstanding issues include Article 6.2, 6.4, and 6.8 of the Paris Agreement: – Article 6.2 provides an accounting framework for international cooperation, such as linking the emissions-trading schemes of two or more countries (for example, linking the European Union cap-and-trade program with emissions-reduction transfers from Switzerland). It…
The climate markets as we know them have not met the standards necessary to reach are desired climate targets and here are the reasons why.
Diffusion The pattern for the diffusion of modern technologies is well known. The diffusion begins with a few risk-takers who see the benefit of being first, known as early adopters, while others wait for convincing evidence before making commitments to adopt innovative technologies. Regulators are risk-averse by training and vocation because environmental mistakes are costly in terms of health, welfare, and cost. Convincing regulators to take unrewarded risks is not easy. Success, however, breeds success,…
A Changeblock Series… Emissions trading is the umbrella concept used to refer to the employment of emission-credit and emission-quota trading to achieve air pollution control goals. Today emissions trading is often used to refer to the trading-based compliance strategies firms use to meet greenhouse gas (GHG) control limits. After 40+ years of use, it is generally accepted that these market-based approaches can produce more cost-effective outcomes than traditional regulation modes. As a result, the concept of using…