The heavy reliance of retail companies specializing in the maritime shipping industry, which transport products across the world, leads to untold environmental and public health impacts. Climate change is a global challenge that knows no borders. Emissions from anywhere affects people everywhere. Therefore, it is crucial that everyone plays their part in limiting emissions by …
Frequently, debates on the best approach to tackle climate change and reduce the amount of GHG emissions in the atmosphere are overwhelming. According to the Intergovernmental Panel on Climate Change (IPCC) summary for policymakers report in April 2022, carbon removal projects are essential in balancing the unavoidable emissions to achieve a net zero emission. Does …
The lovers and haters of carbon avoidance credits Read More »
The European Commission pledged to reduce the European Union (EU) greenhouse gas (GHG) emission by at least 55% by 2030 under the Paris Agreement. This ambition puts the EU on a pathway to achieving climate neutrality by 2050. The energy sector is responsible for more than 75% of the EU greenhouse gas (GHG) emissions and …
Guarantees of Origin (GoOs): what are they and how do they work? Read More »
The price set on Greenhouse Gas (GHG) emissions is known as a carbon tax. It plays a central role in reducing GHG emissions and combating climate change. It is a financially flexible tool that automatically encourages consumers and producers to shift towards energy options that emit less carbon, whatever those options may be. Economists call …
