Kestrel [comrade/them]

  • 11 Posts
  • 83 Comments
Joined 4 years ago
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Cake day: July 26th, 2020

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  • The Commodity Futures Trading Commission adopted measures announced on Friday that ask exchanges to validate carbon offset derivatives, which base their prices on those of financial instruments bought by companies to offset emissions.

    Earlier this summer, Treasury secretary Janet Yellen unveiled guidelines for developers selling credits, and for the companies buying them to offset emissions. Former US climate envoy John Kerry has also thrown his weight behind carbon credit markets, launching a state department-led initiative in 2022 aimed at decarbonising regional power sectors.

    Despite the political momentum behind efforts to develop voluntary carbon markets, Behnam cautioned that the energy transition would “take decades”.

    “This notion that we’re going to be able to just transition to renewables in the near future and not rely on carbon-based energy sources . . . it’s not reality, right?” said [CFTC chair Rostin] Behnam. “The transition is going to take time.”

    not-listening





  • Anything can be a project, in basically any industry. Marketing or advertising campaigns, development of new products… A relative works for a huge corp that renovates buildings after flooding and there are tons of different teams of people that need to be coordinated among and between to complete that kind of job. Think of a hospital that is full of mold after a flood and the kind of rigorous restoration needed to bring it back into a usable state.

    Another whole category are government contracts: there are engineering and architecture firms that employ thousands of people with hundreds of contracts, having teams of dozens of people making plans for all kinds of shit for the feds, states, and cities (transportation, infrastructure, land use, conservation… You name it). Then all of those plans have things that need to get implemented, usually by construction crews with their own PMs.