Climate Change

 

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UN climate talks must prioritize strong commitments to cut real emissions by 2030, not net zero promises

MINNEAPOLIS/BERLIN—On the eve of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP26), the Institute for Agriculture and Trade Policy (IATP) urges the United States and other governments to commit to major reductions in greenhouse gas emissions by 2030, rather than weak 2050 “net zero” commitments.

Will the CFTC greenlight a carbon emissions’ offset market boom (and bust)?

A recent series of meetings of the Commodity Futures Trading Commission’s (CFTC) Energy and Environmental Markets Advisory Committee (EEMAC) highlighted the risks of a forecast boom in offset emissions futures contract trading. The underlying assets of offset futures are projects to reduce, avoid or that claim to permanently remove greenhouse gas emissions.