Carbon Market
USA blocks adoption of first global carbon tax
Negotiations at the International Maritime Organization’s (IMO) extraordinary meetings were adjourned without a decision on the shipping industry’s Net-Zero Framework. By Climate Spotlight Threats levied by the Trump Administration, along with the US State Department, on member nations of the International Maritime Organization (IMO) derailed a vote to pass the first-ever global carbon tax during […]
Climate Spotlight Staff1.5 To Stay Alive
NOAA: July 2023 hottest on record
US National Oceanic and Atmospheric Administration’s 2023 Global Climate assessment also ranked July as one of the wettest months in its history. by Marco Lopez Record-breaking global temperature has been intermittently reported by traditional media over the years. In many ways, we haven’t truly experienced what scientists have observed on the ground. Understanding the jargon […]
Climate Spotlight Staff1.5 To Stay Alive
Your guess is as good as mine…
By Marco Lopez A burning fire is a pillar of our modern civilization. It has always been since we(mankind), first grasped the power of honing the flame—our growth has been exponential. The only reason I could write these thoughts, and you can read them, through these light-projecting devices, is because of constant burning fires. Fossil […]
Climate Spotlight Staff1.5 To Stay Alive
The UK leads the global net-zero race but is it money motivated?
Net Zero is the Economic opportunity of the 21st Century, UK Mission Zero Repot states Technological advancement has always been the backbone of innovation. When new tech-charged products are created and rolled out in society mankind typically reach new heights. So it was with the steam engine and its usage within the industrial revolution – […]
Climate Spotlight StaffAction and Advocacy
Yearly climate-finance flows should be between $250bn – $570bn; study finds
A study published on Science.com entitled “Fairness considerations in global mitigation investments”, found that climate finance flows from the global north to the global south must be between $250bn to $570bn to meet the target net zero goal outlined in the Paris Agreement. This estimate is a far cry from the current reality since developed […]
Climate Spotlight Staff