Fierce debate at UN climate talks in Spain as oil and gas companies join effort to build a global market for carbon credits generated from projects to conserve forests
An activist speaks during a protest about the destruction brought by carbon markets and carbon offsets inside the venue of the UN climate change conference in Madrid, Spain on December 5, 2019
"There is a massive discrepancy between what we are spending on this solution and what is on offer," said Simon Henry, IETA's director of carbon market development. As he spoke at the IETA event, about two dozen environmental campaigners and indigenous community representatives stood up, put their hands over their ears and walked out of the room in protest at the promotion of nature-based carbon markets and the involvement of fossil fuel companies.
The campaigners' letter said giving carbon markets the green light in Madrid "would lock us into even more emissions, further temperature rise, continued fossil fuel use and decades of inaction, distraction and corporate power-grabbing". "This is completely problematic. ... We are say ing this is not the way to do things," she told the Thomson Reuters Foundation.
China, India and Brazil, which own many of these credits, want to be able to sell them to help meet their Paris targets, but other countries say they should be cancelled or efforts to quickly reduce emissions will fail.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
UN says 58 migrants dead as boat capsizes off MauritaniaAt least 58 people are dead after a boat carrying around 150 migrants from Gambia capsized in the Atlantic Ocean off Mauritania, UN migration agency says
Leer más »
La Patrulla Fronteriza desechaba las pertenencias de los migrantes; un conserje las rescató y las fotografióTom Kiefer, que fotografió objetos confiscados en la frontera con México, tiene su proyecto 'El Sueño Americano' a la vista en el Centro Cultural Skirball.
Leer más »
Kim Jong Un rides again as North Korea warns U.S. against using military forceKim Jong Un rides a white horse again, signaling a more confrontational stance with the international community
Leer más »
Iran vows to continue missile work, dismisses EU powers' U.N. letterIran on Thursday rejected pressure to shelve its ballistic missile program after...
Leer más »
North Korea warns U.N. Security Council against discussing country's human rightsNorth Korea told the United Nations Security Council on Wednesday that it would ...
Leer más »