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Chris Pryor - 1 Elizabeth Frantz - 1 WHAT'S - 1 Marco Berg - 1 Gilles Dufrasne - 1 IETA - 1 Jake Spring - 1 Kate Abnett - 1
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☆ Explainer: How do carbon offsets factor into UN COP28 climate talks?
  + stars: | 2023-11-28 | by ( Jake Spring | Thomson Reuters | Jake Spring Reports Primarily On Forests | ) www.reuters.com   time to read: +6 min
Here's what you need to know:WHAT ARE CARBON OFFSETS? Supporters of carbon offsets see them as key means to help meet these goals. At the COP26 climate summit in Glasgow, negotiators reached a breakthrough agreement to regulate trading of carbon credits, in schemes first envisioned in Article 6 of the 2015 Paris Agreement. Separate from the offsets trading envisioned under the Paris Agreement, there are two existing types of carbon markets – compliance and voluntary. It is not yet clear how various existing carbon markets might play into the U.N.-run trading scheme, which also would depend on national laws.
Persons: Chris Pryor, Elizabeth Frantz, WHAT'S, Marco Berg, Gilles Dufrasne, IETA, Jake Spring, Kate Abnett, Susanna Twidale, Katy Daigle, Josie Kao Organizations: New England Forestry Foundation, REUTERS, KliK Foundation, BE, Carbon Market Watch, Compliance, European Union, London Stock Exchange Group, Thomson Locations: New, Hersey, New Hampton , New Hampshire, U.S, Glasgow, Paris, U.S ., California
☆ Qatar World Cup lays bare environmental cost of a desert tournament
  + stars: | 2022-12-02 | by ( Armelle De Oliveira | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | ) www.nbcnews.com   time to read: +11 min
But as it hosts the soccer World Cup, controversy is also descending on the tiny Gulf kingdom. “The tournament has been labeled as the first ‘fully carbon neutral FIFA World Cup tournament,’ meaning its overall impact on the planet should be zero,” the letter said. People gather around the official countdown clock showing remaining time until the kick-off of the World Cup on Nov. 11. After winning the right to host the tournament, Qatar pledged to become the first carbon neutral World Cup host. “Events like the World Cup, like the football World Cup or like the Olympics bring joy and happiness to millions of people, sometimes even billions of people, right?” he said.
☆ Qatar promised a carbon-neutral World Cup. Climate advocates call that pledge misleading.
  + stars: | 2022-12-01 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +6 min
World Cup organizers will buy carbon offsets to help cancel out greenhouse gas emissions. Qatar moved the World Cup to winter for the first time to protect attendees from blistering heat. Qatar World Cup organizers jumped into one of the most hotly debated climate issues when it announced the tournament would be "carbon neutral." Elgendy said some of the emissions associated with building them should be attributed to the World Cup — but not all. He doubted that the US, Mexico, and Canada, which will jointly host the 2026 World Cup across 16 cities, would strive for the same goal.
☆ COP27: Talks on carbon market rules off to slow start
  + stars: | 2022-11-14 | by ( Jake Spring Kate Abnett Shadia Nasralla | Jake Spring | Kate Abnett | ) www.reuters.com   time to read: +5 min
Carbon offsets allow countries or companies to pay others to cut greenhouse gas emissions to offset their own. Countries applauded each other at last year's climate summit in Glasgow for agreeing on broad principles governing carbon markets, breaking six years of stalemate. Applying to join the new system without knowing what rules will govern it would be difficult, said Pedro Martins Barata, a carbon markets expert observing the talks for the non-profit Environmental Defense Fund. Voluntary carbon offset markets have struggled to gain trust for years. Reuters GraphicsPrivate initiatives like the Integrity Council for the Voluntary Carbon Market (ICVCM) and the Carbon Credit Quality Initiative (CCQI) have drafted guidance on what they see as a high-quality carbon offset.
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