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Links 1 through 10 of 1448 Carbon Trade Watch's Bookmarks

The movement demanding that public interest institutions divest their holdings from fossil fuels is on a serious roll. At last count, there were active divestment campaigns on 305 campuses and in more than 100 US cities and states. The demand has spread to Canada, Australia, the Netherlands and Britain. And though officially launched just six months ago, the movement can already claim some provisional victories: four US colleges have announced their intention to divest their endowments from fossil fuel stocks and bonds, and in late April ten US cities made similar commitments, including San Francisco (Seattle came on board months ago).

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From Africa to the Amazon, from Chiapas to Siberia, global civil society is raising an international outcry to resoundingly reject California’s proposed forest offset scam called REDD, which would let climate criminals like Chevron and Shell off the hook, cause human rights abuses and worsen global warming. May 7, 2013, was the last day for public comments on the draft California REDD Offset Working Group recommendations regarding linking California’s cap-and-trade program with a program to supposedly reduce deforestation in Chiapas and Acre, Brazil.

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CDM Projects Face Rising Risk of Default Thousands deal with payment problems because international buyers refuse to pay for credits amid falling prices

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Plans to increase coal, oil and gas production would devastate the world's climate, increasing emissions by 20 percent over current levels by the end of the decade. Countries such as Australia, Brazil, Canada, China, Indonesia and the United States are encouraging the development of such “mega projects” that would cause emissions to rise 20 percent per year by 2020. Countries such as Germany and the UK last year burnt more of the highly-polluting fossil fuel last year, amid cheaper coal imports, weak prices for carbon permits and the relatively high cost of gas.

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Airlines may earn as much as 1.3 billion euros ($1.7 billion) after they passed onto customers the costs of European pollution curbs and won a freeze on their carbon trading obligations, a report showed.

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An auction of EU carbon credits had to be cancelled on Friday after bidding failed to reach the reserve level, further driving down prices of EU Allowances (EUAs) to a record low.

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The government has given the go-ahead for a firm to resume the controversial technique known as fracking to exploit gas in Lancashire.

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New documents confirm the ETS has been a net loser for the taxpayer and that the government faces a big deficit in its carbon accounts, contrary to the Climate Change Minister’s denial.

Documents also show that Tim Groser and two other ministers are so keen to play down this inconvenient truth that they requested officials to consider whether the ETS accounts could be changed so that such losses would not form part of the government’s financial statements in future.

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A huge explosion has ripped through the Gelderland biomass power station in the Dutch city of Nijmegen. Despite initial reports of people missing, local media confirmed there had been no injuries although local residents have been warned to remain indoors. In 1995, Gelderland became Europe’s first co-fired power station to generate biomass and coal sourced electricity.

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U.N. carbon credits hit fresh record lows below 1 euro on Tuesday as traders were wary of buying the near worthless units while EU lawmakers consider banning some of them.

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