Carbon can be emitted, offset, removed, stored and increasingly, traded. But how does carbon trading work and what role does it play in the energy transition?
To answer these questions, co-hosts Mustafa Alrawi and Kelsey Warner are joined by William Pazos, co-founder and managing director at AirCarbon, which has teamed up with Abu Dhabi Global Market, the UAE capital's financial free zone, to create a carbon trading exchange and clearing house.
They discuss the long (and sometimes sordid) history of carbon trading and why skeptics are asking the right questions, as well as the fate of a carbon market in a carbon-neutral world.
In this episode
Where is carbon trading taking place? (1m 54s)
What is carbon trading? (2m 50s)
How does it lower emissions? (9m)
The integrity of carbon trading (12m 10s)
How are carbon credits generated? (17m)
AirCarbon (20m 37s)
Can individuals buy credits? (23m 3s)
Net zero (26m)
Is carbon trading a bridge to the future? (30m)
How much is the industry worth? (31m 44s)
Read more
Abu Dhabi to launch 'world's first' carbon credit trading exchange
Stripe, Alphabet, Meta, Shopify and McKinsey to invest $925m in carbon removal technology
Crypto platform's efforts to stop 'useless' carbon offsets backfires
Global low-carbon hydrogen market 'needs $600bn of investment by 2050'
The specs
Engine: 2.9-litre twin-turbo V6
Power: 540hp at 6,500rpm
Torque: 600Nm at 2,500rpm
Transmission: Eight-speed auto
Kerb weight: 1580kg
Price: From Dh750k
On sale: via special order
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The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
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Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
