Controversy Surrounds Carbon Credit Deals in Vulnerable Nations

Dubai-based Blue Carbon aims to acquire rights to develop carbon credits in African forests, with deals potentially involving significant land areas in Liberia, Zimbabwe, and other nations. This has raised concerns over inadequate community consultation, vague promises, and risks to local livelihoods. Critics argue that such deals may prioritize investor profits over environmental and social […]

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EU Launches Initial Phase of CO2 Emissions Tariffs on Imports

The first phase of a pioneering system to impose CO2 emissions tariffs on imports like steel and cement, aiming to equalize the cost of pollution between EU industries and foreign producers was initiated on October 1st 2023. Starting 2026, EU importers must buy certificates for the greenhouse gases produced by these goods. The measure seeks […]

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