Yesterday, the European Commission launched its plans for a Carbon Border Adjustment Measure (CBAM), which would charge fees on imports of certain high emissions goods.
“We must listen to science — and act,” reads President Joe Biden’s January 27 Executive Order on climate change. For the farming sector, the latest greenhouse gas (GHG) inventory data from the Environmental Protection Agency (EPA) indicates that the U.S. needs to transition away from factory farm systems of meat and dairy production to reduce rising agriculture emissions.
MINNEAPOLIS—Today, the Taskforce on Scaling Voluntary Carbon Markets, led by Mark Carney, United Nations Special Envoy for Climate Action and former Bank of England governor, launched its new report on the financial industry’s engagement with voluntary carbon markets.
Today, governments at the United Nations Framework Convention on Climate Change (UNFCCC) are discussing the role of carbon markets in international climate action. The “Article 6”
Climate mitigation projects in the agriculture sector, particularly those focused on storing carbon in soils, are increasingly being tied to carbon markets. But the impact of these initiatives is highly questionable.