Hidden away in the pages of UN-speak that make up the Paris Agreement are the makings of global carbon market in which a host of exotic emissions derivatives can be freely traded, writes Steffen Böhm. And it's all going to be a huge and expensive distraction from the real and urgent task of cutting emissions.
Carbon trading has a remarkable record of failure: rewarding polluters while causing no discernible reduction in global emissions. If the COP21 UN climate negotiations in Paris are to achieve anything of value, first they must ditch the false solution of carbon markets. And thanks to Pope Francis, the idea is firmly on the agenda.
Germany's 'Energiewende' has made the country a global renewable energy powerhouse. So why have its carbon emissions gone up? Not because of nuclear closures, writes Melanie Mattauch, but because powerful fossil fuel companies have blocked effective climate action. Now the fight is on as public calls to keep the coal in the ground get too loud to ignore.
Like carbon trading, REDD and food speculation before it, the buying and selling of water is just the latest example of market principles being applied to natural resources. But just how ethical is it? Debika Ray reports
In Uganda, as in the rest of the world, carbon trading is a controversial topic. But could the concept of fair trade carbon credits revolutionise the sector, or is it just a distraction from the bigger problems with carbon markets? Adam Corner investigates
The idea of a personal energy allowance, dismissed by government officials, could help ensure fair and equal access to energy and spur collective action to meet emission reduction targets says a new report