Protecting the environment with intelligence

Carbon Trade

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 [...]

Super greenhouse gas HFC-23 vented in Europe as millions are spent on fake HFC-23 credits abroad

LONDON: A new study has shown that European chemical manufacturers are surreptitiously venting large quantities of one of the world’s most powerful greenhouse gases. The study by EPMA, the Swiss Federal Laboratories for Materials Science and Technology, published in Geophysical Research Letters, has demonstrated that Western European emissions of HFC-23, a super greenhouse gas with [...]

Caught REDD-handed!

Logging the Moratorium Zone in Indonesia’s REDD+ Pilot Province Yesterday, EIA and Telapak released a new briefing paper – Caught REDD Handed- exposing illegal deforestation in Indonesia. In summary, the briefing exposed how, on the very day Indonesia’s president signed a new moratorium on forest exploitation in areas of peatland and primary forest across Indonesia, [...]

Tensions rise ahead of Friday’s critical HFC-23 vote

This year has certainly got off to a flying start, with all of last year’s campaigning on the HFC-23 issue about to come to a head. This Friday, European Countries will vote on a proposed regulation to ban the use of HFC and other industrial gas credits in Europe’s carbon markets from January 2013. If [...]

A chance to stamp out bogus carbon credits

EU should put climate credibility ahead of harmful corporate greed   THE London-based Environmental Investigation Agency (EIA) will tomorrow (Wednesday) address key European politicians and policy-makers in a bid to help end the corrupt global trade in bogus HFC-23 carbon credits. EIA has been at the forefront of efforts to expose and halt the hugely [...]

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