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News: Carbon Trade

Major win for the climate as door closes on HFC-23

In a major win for the climate, the Verified Carbon Standard (VCS) – the world’s leading voluntary greenhouse gas program – has announced it will be turning its back on the super greenhouse gas HFC-23. The move acknowledges progress under the Montreal Protocol, G20 and other bilateral government discussions on the international regulation of hydrofluorocarbons […]

Six EU members keep doors open to banned carbon credits

Press release issued jointly by Carbon Market Watch and EIA:   Brussels, 14 October 2013. At today’s meeting of EU Environment Ministers, Hungary, Ireland, Italy, Lithuania, Poland and Spain refused to extend the EU-ETS ban on industrial gas offset credits to their national greenhouse gas reduction targets, prompting concern that some EU Member States are […]

The Spring 2012 issue of Investigator is now available

Welcome to the Spring 2012 issue of EIA’s bi-annual newsletter Investigator, giving you an overview of our key campaign activities during the past six months. This issue features an update on our work to help the people of Muara Tae fight off encroaching Big Palm Oil, our successful cetaceans campaign initiative to compel Amazon to […]

After Durban: Not phasing out HFCs ‘indefensible’

EIA Global Environment Campaigner Natasha Hurley was in Durban last week for COP17, the United Nations Climate Change Conference 2011; here she considers the event and what needs to happen next. The outcome of this year’s United Nations Climate Conference, which drew to a close in Durban at the weekend, is an important step forward […]

Massive climate subsidies for HFCs industry to continue

UNFCCC CDM approves further payments to HFC producers   DURBAN: As United Nations Framework Convention on Climate Change (UNFCCC) negotiators meet in Durban, the Environmental Investigation Agency (EIA) is calling on all Parties to reject HFC-23 carbon credits following widespread evidence and acknowledgement that most of the credits do not represent real emission reductions. Last […]

China’s greenhouse gas vent threat in bid to extort billions

In the run-up to the international climate negotiations in Durban later this month, China has responded to efforts to ban the trading of widely discredited HFC-23 offsets by threatening to release huge amounts of the potent industrial chemical into the atmosphere unless other nations pay what amounts to a climate ransom. China’s threat comes after […]

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