Jens Frølich Holte, political adviser to Norway’s Minister for Climate and Environment, explains why he supports using markets and pricing carbon

In March 2015, Bloomberg quoted Jens Frølich Holte, political adviser to Norway’s Minister for Climate and Environment, as saying that, “Carbon trading can speed up the global transition away from a fossil economy. Trade creates benefits and this is as true for carbon as it is for other commodities.”

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European Commission on forests and carbon markets: “in the end we have to have the market”

European Commission on forests and carbon markets: in the end we have to have the market

The EU outlined its plans for carbon markets in relation to forests at a press conference today (5 December 2008) in Poznan. The EU aims “to halve the total forested area loss in the tropics by 2020, and to halt the global forest cover loss completely by 2030 at the latest” and estimates that this will cost somewhere between €15 and €25 billion a year.

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European Commission says ‘no’ to forest credits in the ETS until after 2020, cites ‘market flooding’ and governance problems

The European Commission will tomorrow state that it is opposed to the inclusion of forest-based carbon credits in the ETS, in a wide-ranging Communication on deforestation and how the European community plans to deal with it. The Communication will say that the aim should be to reduce deforestation by 2020 and halt it by 2030.

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