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Where the Trees are a Desert explores the links between pollution trading and monoculture eucalyptus plantations in Brazil. The publication is a collaboration between Carbon Trade Watch and our partners in Brazil, FASE-ES. Where the Trees are a Desert explores the issues from the perspective of people living and struggling with plantations on the ground. Nov 2003

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The Sky is Not the Limit gives an overview of the issues around pollution trading and introduces the main issues such as; environmental justice, NGO co-optation and privatisation of the atmosphere. Also explored is the history of the UN process and who the key players are in the emerging emissions markets. Jan 2003
 

 

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More is less: a case against sectoral carbon markets PDF Print E-mail
Oscar Reyes | Friday, 17 June 2011
sectoral_briefing2.gif The global carbon market is in crisis. Proposed emissions trading schemes in the USA, Japan and Canada have stalled indefinitely; new markets in Australia and South Korea face significant delays; and climate justice activists have successfully blocked the start of a planned scheme in California. Trading has become ever more concentrated around the EU Emissions Trading System (ETS), which could well see carbon permit prices drop to zero if the 27-country bloc adopts stricter guidelines on energy efficiency. Overall carbon trading volumes were lower in 2010 than in the previous year, and are predicted to stagnate in subsequent years; and the Clean Development Mechanism (CDM) has declined for four years running, with fewer credits purchased from new projects than at any time since the Kyoto Protocol came into force in 2005.
 
Perhaps confusing these contractions for birth pangs, there is currently a push to create new international carbon market mechanisms in the context of United Nations Framework Convention on Climate Change (UNFCCC) international climate negotiations. The World Bank is offering further encouragement, in the guise of a new Partnership for Market Readiness (PMR) to promote carbon markets in middle-income countries.
 
This report critically examines the reasons behind and potential consequences of creating new carbon market mechanisms. In particular, it focuses on “sectoral” carbon markets, which would move beyond the project-by-project basis of the CDM and issue carbon allowances in relation whole sectors of the economy.
 
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