In 2019, the illegal wildlife trade reached staggering levels. Pangolin scales and ivory were being trafficked in massive quantities from Africa to Asia, exposing a network of crime syndicates operating at an industrial scale. The sheer volume of these shipments marked a disturbing milestone, one that revealed the global reach …
This report evaluates the initial trial phase of the EU Emissions Trading System and provides lessons for the EU moving forward as well as for the development of cap-and-trade programs in the United States.
National Commodity and Derivatives Exchange (NCDEX) has recorded total volumes of Rs 174.66 crore in the first fortnight of trading in certified emission reduction (CER). The total number of CERs traded contracts was 3,396 during this period, making the exchange one of the largest in the world in CERs . …
China has surpassed the US as the world's largest carbon emitter PIERRE MARIO FITTER According to recent reports from The Netherlands Environmental Assessment Agency and the University of California, Berkeley, China overtook the US as the world's largest carbon emitter in 2006. However, China maintains that total emissions is the …
It is well known that certain naturally occurring trace gases in our atmosphere trap radiant heat from the sun and give rise to the greenhouse effect. In the post-industrialisation era, some manmade greenhouse gases are being added to the atmosphere and are contributing to enhanced greenhouse gas effect or global …
Climate change and the carbon emissions seem inextricably linked. However, new research published in BioMed Central's open access journal Carbon Balance and Management suggests that this may not always hold true, although it may be some time before we reach this saturation point. The land and the oceans contain significantly …
In recent months, China has taken center stage in the international debate over global warming. It has surpassed the United States as the world's largest source of greenhouse gases, and it became developing nations' diplomatic champion at the recent United Nations climate negotiations in Bali. Now China may become the …
Japan and the European Union failed to agree on Wednesday on a "mid-term' target for cutting greenhouse gas emissions, but will go into the G8 talks this summer with a closely matched position that contrasts sharply with that of the US. The governments agreed that national "mid-term' emission cutting targets …
China plans to build a major emissions-free coal burning power station by 2015, the project chief said on Wednesday, putting it at the front of a tight global race to build the first commercial scale plant. GreenGen president Su Wenbin said he has escaped the funding and planning problems that …
The Himachal Pradesh government has started deliberations with the World Bank over earning carbon credits from the forest cover of the state. The credits would come as financial gains in return of effective sequestration of carbon emissions done by state forests. A high-level delegation, comprising Additional Chief Secretary Avay Shukla, …
The current and imminent adverse environment having social and economic impact of Green House Gas (GHG) emissions is a global phenomenal. The governments around the world are increasingly developing or are implementing policies regarding reduction of GHG emission to address the challenge. Because of current and expected regulatory constraints, firms …
The Maldives, worried about rising seas from climate change, wants steeper cuts in global greenhouse gas emissions but is unwilling to curb its tourism industry, which is reliant on polluting international flights. President Maumoon Abdul Gayoom, in Singapore promoting his book "Paradise Drowning" at an environmental business summit, said cutting …
Political will has a big role to play if we are to save our planet. Why is it we cannot find a single green politician in India? It took just a small glass bowl to bring home the message of global warming. Its mouth covered with a thin plastic, the …
It's Earth Day on April 22 and we are no better off. Global warming is a larger threat than terrorism because it will affect each one of us. In India, the Ganges would dry up by 2030, according to UNFCCC. What does this mean? It will be a disaster and …
The nascent biofuels industry that dawned in the aftermath of massive meltdowns of polar icecaps and Himalayan glaciers, rising sea levels, tsunamis and unprecedented droughts in some regions with attendant floods in others, has already witnessed much tumult in its short history of under a decade. At the core of …
More cross-border energy deals are in the pipeline THE energy map of Europe seems likely to be redrawn again this summer. At the centre of all the manoeuvres is France's EDF, the biggest European energy group by stockmarket value, and Europe's leading nuclear generator
In four sessions, CER volumes touch 6.2 lakh, three times more than expected. Trade mechanism does not allow global firms to buy CERs directly from domestic cos. Priyanka Vyas New Delhi, April 18 One week since certified emission reduction (CERs) began to be traded on the National Commodity & Derivative …
Remember the green old days? They seem like only last year. In fact they were only last year: according to one long-running opinion poll, concern for the environment among consumers reached a peak in January 2007. Since then it has all but disappeared. It is not hard to see why. …
CLIMATE change is "the greatest market failure the world has ever seen". That is the view of no less an authority than Nicholas Stern, former chief economist at the World Bank, and he has a point. As long as the market exacts no penalties from companies or industries that emit …
