Climate Economics

Order of the National Green Tribunal regarding large scale felling of toddy yielding palm trees in Bihar, 05/06/2025

Order of the National Green Tribunal in the matter of In Re: News Item titled "Are missing palm trees causing more lighting deaths in Bihar appearing in ‘The Times of India’ dated 29.05.2025". The original application was registered suo-motu based on the news item titled "Are missing palm trees causing …

Climate Exchange Shares Jump 17 Percent

Shares in carbon emissions exchange operator Climate Exchange plc jumped nearly 17 percent on Tuesday after IntercontinentalExchange said it had taken a 4.8 percent stake in the company on Monday. The shares, trading on the London Stock Exchange, closed up 107 pence or 16.6 percent at 751 pence. Climate Exchange …

EU Leaders Agree Climate Funding Principles

The European Union agreed the basis of its financial contribution to a global climate change deal on Thursday, but environmentalists said more was needed to ensure success at global talks in Copenhagen in December. Funding to help developing nations cope with climate change is seen as the key to winning …

Utilities, Hot Summer Can Save "Drifting" Carbon

European carbon has fallen by almost a fifth in the past month as utilities profited from a recent doubling in emissions prices, but analysts say Europe has to heat up or permit prices drop further before buyers return. After hitting a 4-month high of 16 euros ($22.23) on May 11, …

Australians Demand More Action On Climate Change

Hundreds of environmental activists took to the streets of Australia's main cities on Saturday, saying the Labor government was not doing enough on climate change. The protests came ahead of a vote in the upper house Senate next week on the government's planned emissions trading scheme, which the protesters regard …

Lots of emissions but few solutions at climate meet

Neha Lalchandani | TNN Bonn: The Bonn climate change talks are drawing to a close but the real action is yet to begin. Countries are still squabbling over squaring up the bill for climate change mitigation, with insufficient funds and no consensus on where the big bucks will come from. …

Three in one solution

Act simultaneously on economy, poverty and environment Vinod Thomas & Mohan Munasinghe The economic crisis has quickly relegated global warming and global poverty

Forest Carbon Market Already Shows Cracks

It could save the rainforests of Borneo, slow climate change and the international community backs it. But a plan to pay tropical countries not to chop down trees risks being discredited by opportunists even before it starts. A forest carbon market is emerging in anticipation of a global, U.N. climate …

Australia Carbon Trade Laws Pass Lower House

Australia's controversial carbon emissions trading laws passed their first parliamentary hurdle on Thursday but the government still faces a near-impossible task to win approval for the scheme in the upper house Senate. The scheme aims to cover 75 percent of the nation's carbon emissions from 1,000 of the biggest polluters …

Mexico Sees Support For U.N. Climate Finance Plan

A Mexican proposal to raise billions of dollars to fight climate change is winning backing in talks on a new U.N. treaty, paradoxically because no one really likes it, a Mexican official said on Wednesday. "It has something for everyone, although everyone will dislike part of it. That's the beauty …

Economic recovery ups carbon credit demand

Dilip Kumar Jha / Mumbai June 03, 2009, 0:40 IST As the 2012 deadline for limiting carbon emissions under the Kyoto Protocol draws near, and with the overall market sentiment perking up, the demand for carbon emission reduction (CER), popularly called carbon credit and European allowances (EUA), have seen a …

Climate and development economics: balancing science, politics, and equity

The interaction of climate and development threatens to create a paradox: economic development could accelerate climate change, which in turn could block further development, locking the world into existing patterns of inequality as the natural environment deteriorates. The solution to this paradox is far from obvious. What analytical tools are …

Forest Carbon Offers Cheaper Way To Curb Warming

Counting the climate-warming carbon dioxide locked up in forests could offer a cheaper way to curb the greenhouse gas than by considering only emissions from industry and fossil fuels, according to a new study. Factories, power plants and petroleum-powered vehicles are likely to emit some 500 billion tons of carbon …

Trade and climate change

This report aims to improve understanding about the linkages between trade and climate change. It shows that trade intersects with climate change in a multitude of ways. The report begins with a summary of the current state of scientific knowledge on climate change and on the options available for responding …

The economics of climate change mitigation: how to build the necessary global action in a cost-effective manner

This paper examines the cost of a range of national, regional and global mitigation policies and the corresponding incentives for countries to participate in ambitious international mitigation actions. The paper illustrates the scope for available instruments to strengthen these incentives and discusses ways to overcome barriers to the development of …

Forest Carbon Offers Cheaper Way To Curb Warming

Counting the climate-warming carbon dioxide locked up in forests could offer a cheaper way to curb the greenhouse gas than by considering only emissions from industry and fossil fuels, according to a new study. Factories, power plants and petroleum-powered vehicles are likely to emit some 500 billion tons of carbon …

Australia Faces Further Carbon-Scheme Delay

Plans for the world's most comprehensive carbon-trading scheme face defeat or parliamentary delay after Australia's opposition said on Tuesday it will try to postpone a vote on the laws this year. The decision by the Liberal-National coalition during a party meeting adds uncertainty over the final shape and start date …

Big Business Says Needs Cash To Cut CO2 Emissions

Industry needs financial backing to reduce carbon emissions and fight climate change, business leaders told a climate conference on Monday, drawing criticism that they put profits before the environment. The May 24-26 meeting of more than 500 business leaders will issue a call for governments to set clear long-term climate …

Cash Seen Key To U.N. Climate Deal

Tens of billions of dollars are likely to be needed to help poor nations curb greenhouse gas emissions and adapt to climate change under a new U.N. treaty, European Environment Commissioner Stavros Dimas said. "Everybody agreed that additional money is needed and without money an agreement in Copenhagen will not …

Carbon Plan Promises Bonanza For Australia Forestry

Australia's forestry firms are poised for major growth from emissions trading plans that could give the sector a multi-million dollar boost when it becomes the first to kick off a nationwide scheme to cut carbon pollution. Big polluters such as power generators and smelters are keen to hedge future emissions …

Fortifying the foundation: State of the voluntary carbon markets 2009

This report was created to answer fundamental questions about the voluntary carbon markets such as transaction volumes, credit prices, project types, locations, and the motivations of buyers in this market. Over the past several years, these markets have not only become an opportunity for citizen consumer action, but also an …

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