At the Climate Change Talks in Bonn, some Parties are using the forest and land use negotiations to try to entrench a system that is designed to give them make-believe credits rather than actually reduce emissions. The European Union and Russia were today awareded a 'fossil' by the International Climate Action Network for a proposal that would allow countries to eradicate their forest sinks without having to account for it.
An article in the daily newsletter, ECO explains the dynamic well ("Just Imagine").
Rachel Reeves Promised Oil Industry ‘Quid Pro Quo’ Over Windfall Tax in
Private Meeting
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Chancellor Rachel Reeves told a fossil fuel giant that the industry would
receive a “quid pro quo” in return for higher taxes on its windfall
profits, De...
16 hours ago
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