Members of the European Parliament urge California to exclude REDD from its cap and trade scheme: “Adopting the Tropical Forest Standard would water down climate ambition in California, the EU, and globally”

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Last week, six Members of the European Parliament wrote to the California Air Resources Board urging the ARB to reject the proposed California Tropical Forest Standard. In November 2018, the ARB held a public meeting about the proposed Tropical Forest Standard. But the Board failed to reach a decision at that meeting.

The EU has never allowed forest credits in its Emissions Trading System and from 2021, all international carbon credits will be excluded from the ETS….

An excerpt from Redd Monitor