carbon future News

  • The future of carbon trading in the US

    An analysis by New Carbon Finance concludes that a carbon trading scheme in the US is inevitable within four to five years. Currently the US favors a domestic market, however linking into international schemes could significantly reduce the price of carbon, impose less cost on US industry and consumers and help make the US a climate change ...


    By GLOBE SERIES

  • ADB establishes future carbon fund

    The Asian Development Bank (ADB) has established a new fund that will use carbon credits generated beyond 2012 to provide urgently needed financing for clean energy projects in the Asia-Pacific region. The current regulatory framework, based on the Kyoto Protocol’s first commitment period expires on 31 December 2012, hampering the trading in post-2012 carbon credits. This would affect the level ...


    By Asian Development Bank

  • Lighting-Up a Low Carbon Future

    Co-Authored by: Achim Steiner, UN Under-Secretary General and UNEP Executive Director and Mr. Mahama Kappiah, Executive Director of ECREEE The lights are going on all over Africa, home to some of the fastest growing economies in the world. Overall, that is great news. Children can study at night without breathing harmful or environmentally damaging kerosene fumes; the sense of ...

  • Global business leaders commit to a low carbon future

    Business leaders from major global corporations have committed to reduce their carbon dioxide emissions across a wide range of sectors, including energy, communications, building and construction. The announcement was made at the conclusion of the UN-supported Business for the Environment (B4E) Summit, held in Mexico City from 4 to 5 October, ahead of the UN Climate Conference in Cancun next ...

  • Investing in a Low-Carbon Energy Future in the Developing World

    The need to address climate change while facilitating continued economic growth and social progress is one of the key challenges facing world leaders today. Future demand for energy is rising substantially, particularly in rapidly emerging economies and in many developing countries that lack even the most basic of energy services. The investments required to address future energy demand as well ...

  • UK research is pioneering a low carbon future

    New website highlights groundbreaking technologies that are making a difference to climate change Research Councils UK Energy Programme led by EPSRC is investing more than £530 million in UK research to develop low carbon technologies to fight the effects of climate change.  A new website to highlight and explain this work has now been launched and is available at ...

  • Colorado can meet future carbon emissions standards

    New analysis of Colorado’s power sector finds that the state has the policies and opportunity to further reduce their carbon emissions in coming years. The analysis, conducted by the World Resources Institute, shows existing state policies and improved use of infrastructure could lower ...

  • Montreal exchange to launch carbon futures trading

    The Montreal Climate Exchange (MCeX), a joint venture of the Montreal Exchange (MX) and the Chicago Climate Exchange (CCX), plans to launch trading of futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory approval. ...


    By GLOBE SERIES

  • Scarborough Hospital Looks Forward to Low Carbon Future

    York Teaching Hospital NHS Foundation Trust have chosen NHS Sustainability day to celebrate the opening of their new low-carbon energy centre at Scarborough Hospital. The energy centre, which was delivered in partnership with Vital Energi will deliver in excess of £9.1m in guaranteed financial savings and ...


    By Vital Energi

  • Scientists publish road map for low carbon future

    The UK lacks a coherent energy system that can effectively meet future energy needs while preventing rapid climate change, according to leading scientists.  A report, published today, of a discussion meeting held at the Royal Society calls for a new vision for energy generation that is based on the long term replacement of fossil fuels through the development and deployment of new technologies. ...


  • Shell and Cosan: Fuelling a Lower-Carbon Future With Biofuels

    Shell (NYSE: RDS.A) (NYSE: RDS.B) and Cosan today launched a multi-billion dollar joint venture that will become a leading producer of the low-carbon biofuel, ethanol made from sugar cane. Named Raizen, this major retail and commercial fuels company will operate in Brazil, one of the world's fastest-growing markets. To view the Multimedia News Release, ...


  • carbon-investments.co.uk: EU, Australia See Joint Carbon Credit Trading Future

    Earlier this week, Australian Prime Minister Julia Gillard confirmed that, as of July 2012, the country’s top polluters would have to pay $23 in carbon tax for each emitted ton of CO2. The tax is expected to be in effect until 2015, and to be replaced by a compliance carbon credit trading scheme thereafter. The European ...


  • EU prepares for low carbon future with new clean energy technologies

    Countries in the European Union should develop and deploy new clean energy technologies, including recycling facilities, speedily in order to tackle climate change, according to EU commissioner for environment Stavros Dimas. Speaking to delegates at the EU’s Sustainable Energy Week Forum in Brussels, Belgium (9 February), Dimas said the development of new clean energy technologies need to be ...

  • Carbon Offsets - A multi-billion-dollar legacy for future generations in B.C.

    The UBC Sauder Business School's ISIS research centre reports British Columbia has emerged as a continental leader in the creation of a carbon offsets that will provide a multi-billion-dollar legacy for future generations dealing with climate change. Since becoming the first Canadian province to join the Western Climate Initiative four years ago British Columbia's government, private sector and ...


    By GLOBE SERIES

  • EPA proposes first carbon pollution standard for future power plants

    Following a 2007 Supreme Court ruling, the U.S. Environmental Protection Agency (EPA) today proposed the first Clean Air Act standard for carbon pollution from new power plants. EPA’s proposed standard reflects the ongoing trend in the power sector to build cleaner plants that take advantage of American-made technologies, including new, clean-burning, efficient natural gas generation, which ...

  • EU Emissions trading scheme threatens to trap Europe in a high carbon future

    The Emissions Trading Scheme (ETS), the flagship policy covering half of the EU's carbon emissions, could turn intended restrictions on pollution into a trap that commits Europe to increasing carbon emissions for much of the next decade, unless changes are swiftly introduced, warns campaign group Sandbag. Sandbag's analysis shows that the ETS is on course to require savings of, at best, a ...


    By GLOBE SERIES

  • European Commission proposes a plan to accelerate energy technologies for a low-carbon future

    Energy technologies will be crucial to successfully fighting against climate change and securing world and European energy supply. Achieving Europe's 2020 and 2050 targets on greenhouse gas emissions, renewable energy and energy efficiency will require action on energy efficiency, standards, support mechanisms and putting a price on carbon emissions. It will also require the deployment of more ...

  • Korea joins ADB`s future carbon fund with US$20m commitment

    The Republic of Korea has became the first Asian country to join the Asian Development Bank's (ADB) Future Carbon Fund with a $20 million commitment to acquire post-2012 carbon credits. The partnership agreement, signed by Republic of Korea officials at ADB headquarters in Manila, comes just weeks ahead of international climate change talks in Copenhagen at which governments will negotiate a ...


    By Asian Development Bank

  • Natural gas could ease the path to a low-carbon future

    Growing estimates of natural gas resources suggest that supplies of this least carbon-intensive fossil fuel may be as abundant as coal, while containing only half as much carbon, according to a new paper released today by the Worldwatch Institute. The new paper, The Role of Natural Gas in a Low-Carbon Energy Economy, finds that gas-fired power plants could ...


    By Worldwatch Institute

  • Clean Energy connections: business growth for a carbon-neutral future

    Clean Energy Connections is the premier forum in Western Massachusetts for green career- and business-development information and networking. The event convenes business owners, entrepreneurs, financiers, educators, career seekers, community leaders, and public agencies. It consists of a full-day program and concurrent opportunity ...

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