The value of carbon credits in the EU’s emissions trading scheme (EU ETS) have nearly halved since the Eurozone debt problems reared its ugly heads in June. Further downward pressure on prices is expected due to an anticipated oversupply of credits in 2012-2013 trading season. For more details click here and read on at Business Green.
WRI: The world must brace for more extreme weather. That is the clear message from a new report that finds climate change is likely to bring more record-breaking temperatures, heat waves, and heavy downpours. The much anticipated Special Report on Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation (SREX) –… [Read more…]
More than 190 nations agreed to work toward a treaty that would require all countries to reduce emissions that contribute to global warming. “The deal renews the Kyoto Protocol, the fraying 1997 emissions agreement that sets different terms for advanced and developing countries, for several more years. But it also begins a process for replacing… [Read more…]
“With 2012 marking the limit set by the landmark 1997 Kyoto Protocol agreement for nations to reduce their greenhouse gas emissions, delegates at the 12-day UN sponsored Conference of Parties (COP) should feel compelled to agree on the next course of action. But with hopes fading that the world’s rival industrialised nations will sign up… [Read more…]
Feed-in tariffs are a comprehensive renewable energy policy responsible for two-thirds of the world’s wind power (64 percent) and almost 90 percent of the world’s solar power. With simplified grid connections, long-term contracts and attractive prices for development, that’s policy that works. ~ From Clean Technica. Click here to read more about this…
Market-based interventions to improve access to energy rarely benefit the poorest. Failure to understand local needs and preferences results in inappropriate goods and services and low uptake. This Opinion discusses how business can deliver low-carbon technologies to the ‘bottom billion’ and support sustainable development by working more closely with government agencies, development practitioners and local… [Read more…]
The cords of energy demand and water supply are tightening around the world’s two largest economies. By Keith Schneider Circle of Blue The coal mines of Inner Mongolia, China and the oil and gas fields of the northern Great Plains in the United States are separated by 11,200 kilometers (7,000 miles) of ocean and 5,600… [Read more…]
Jun 17th 2011, 17:15 by O.M. Source Link: http://www.economist.com/blogs/babbage/2011/06/ipcc-and-greenpeace THE release of the full text of the Intergovernmental Panel on Climate Change’s Special Report on Renewable Energythis week has led to a new set of questions about the panel’s attitudes, probity and reliabilty: is it simply a sounding board for green activists? The answer is no—but… [Read more…]
“In today’s Wild West, energy corporations are the new outlaws” BY SANDRA STEINGRABER Published in the May/June 2011 issue of Orion magazine LAST NOVEMBER, at the annual meeting of the Northern Plains Resource Council, which took place in the Crowne Plaza Hotel in Billings, Montana, I watched a cowboy cry. As someone born east of… [Read more…]
Published: 25 May 2011 10:00 CET Last updated: 25 May 2011 13:25 CET Hong Kong-listed Citic Bank has won the right to manage a RMB6 billion ($925m) carbon fund owned by the Chinese government, meaning the proceeds from taxes on revenues from Kyoto credits will be invested in cleaner energy projects. The bank will be in… [Read more…]
November 26, 2011
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