Business & investment. Content creator, Brand imaging, media consultant: Event coverage and streaming, Music video, Advertising, film, Davina Perspetiva PR
@PeterDClack@Piers_Corbyn: "CO₂ is not a bad thing. CO₂ is the gas of life. Without it, plants wouldn't grow. We would all be dead. We should argue for more CO₂, not less."
https://t.co/OirA9BwlU0
Around $107 billion has been raised through carbon pricing mechanisms since the Paris Agreement in 2015.
Compliance revenues flow directly into national treasuries, but the vast marketplace of individual carbon credits operates mostly out of sight, in the shadows.
Unlike standardised commodities like crude oil or wheat—carbon credits are bought and sold through private over-the-counter deals, using faceless middleman brokers. They are not traded on public, centralised exchanges with transparent order books.
The United Nations sets these rules, under Article 6 of the Paris Agreement, and it approves framework guidelines, and oversees official credit mechanisms. But the physical reality on the ground is still fully obscured.
This absence of a clear public price index allows intermediaries to carve out significant, undeclared profit margins. The supply chain is a complex web of private project developers, third-party verifiers, private registries, and financial broker syndicates.
Within this ecosystem, net prices paid for high-integrity or removal credits have surged, with corporate buyers paying premiums averaging $25–$80 per ton for net-zero portfolios, and over $150–$500 per ton for engineered removals.
The dense layers stacked between the actual physical asset—such as a forest or a renewable installation—and the end buyer, make it impossible to know who takes a cut or how much money actually reaches the ground.
At its core, a carbon credit is an abstract financial medium. It represents an intangible metric ton of 'prevented' or 'absorbed' CO₂ rather than a physical, inspectable good.
This creates an inherent financial incentive for project developers to inflate baseline emission projections purely to maximise profits. Investigative reports and enforcement actions repeatedly highlight cases where these baselines were artificially inflated.
This isolates the buyer from the project, enabling substantial transaction fees to be siphoned off long before any capital reaches the local ecosystem. And this whole process is invisible. The end result is a self-fulfilling ecosystem of certifiers, auditors and financial traders.
They all profit from a continuous flow of climate capital—regardless of whether the climate ever changes.
The 2024 Paris Olympics has gone full Woke dystopian.
The opening ceremony was filled with transgend*r mockery of the Last Supper, the Golden Calf idol, and even the Pale Horse from the Book of Revelation.
The Olympics has made it clear that Christian viewers aren't welcome.
[WATCH] After waiting for at least 3hrs in the queue, EFF leader Julius Malema and his wife are finally at the entrance of the voting station, about to cast their votes in Seshego, Limpopo. @Newzroom405
Met a Nigerian man at the World Cup & told him how much I loved this jersey (sold out everywhere). He took my address and told me he’d mail me one. Didn’t believe him but today this showed up all the way from Nigeria. Random acts of kindness do exist.
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