Climate Change

"Carbon Credit Market Confidence Ebbs As Big Names Retreat"

"Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle and fashion house Gucci reduced buying and studies found several forest protection projects did not deliver promised emissions savings."

Source: Reuters, 09/05/2023

Green Groups Are Divided Over Proposal to Boost the Nation’s Hydropower

"The new bill would shorten the permitting process for some projects, with a focus on converting old dams that don’t currently produce electricity into ones that do."

"America’s hydropower industry is hoping to reestablish some of its former glory by making itself central to the nation’s transition to clean energy—and it’s turning to Congress for help.

Source: Inside Climate News, 09/05/2023

"Biden Surveys Storm Damage In Florida, Without DeSantis"

"President Joe Biden traveled to Florida on Saturday to survey the destruction from Hurricane Idalia and comfort victims of the storm, but he did not meet with Governor Ron DeSantis, a potential presidential rival, who opted not to come."

Source: Reuters, 09/05/2023

African Climate Summit Seeks To Shift Focus To Finance From Floods, Famine

"How to finance environmental priorities and shift the focus from Africa as victim of floods and famine will be central to the debate at the continent's first climate summit next week, while activists resist plans to expand carbon markets for funding."

Source: Reuters, 09/01/2023

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