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 …
Poor countries at the U.N. conference have said they will not sign a global warming pact unless industrialised nations guarantee them billions of dollars needed to adapt to the impact of climate change. Nations in the Caribbean and South Pacific recounted how they are being hit by worsening floods, rising …
National commodity and derivatives exchange Ltd. will launch futures contract for certified emission reduction (CERs) on April 10, 2008. NCDEX is the first exchange in any of the developing countries of the world to launch a futures contract for carbon credit issued under the United Nations Framework Convention on Climate …
The budding carbon-offsets market could already be on its last legs, industry representatives say, if the latest European proposals are agreed. European negotiators went into a United Nations climate meeting in Bangkok this week warning developing countries that they need to step up to the challenge of climate change if …
Carbon traders will today find out whether the European Union's emissions trading scheme has succeeded in persuading companies to curb their greenhouse gas output. The European Commission is expected to release data today showing the extent of carbon dioxide emissions in 2007 from businesses covered by its emissions trading scheme. …
Investors in the fledgling market in greenhouse gas emissions have seen their share of volatility and shocks in the past three years. Shares in several carbon trading companies have fallen sharply in the past year, and traders have had to cope with a crash in the carbon price and uncertainty …
The United Nations conference on climate change, now on in Bangkok, is expected to produce an agreement to cut global emissions drastically by 2050. Over the years, countries committed to cutting emissions have submitted their estimates to UNFCCC. In 2004, India estimated that it emits 1,228,540 Gigagram (Gg) or about …
Over the past few years, the U.S. carbon offset market has experienced tremendous growth. This expansion can be attributed to several factors, including the creation of regional greenhouse gas initiatives, the anticipation of federal regulation, and growing public concern regarding climate change. In the absence of a national system of …
France and Germany are close to resolving their dispute over EU auto emissions targets that could see a softening of the proposed regulations, a German newspaper report said yesterday. "The talks are making progress," business daily Handelsblatt cited a source close to the talks as saying. "A deal should be …
Almost one-quarter of carbon dioxide released to the atmosphere is emitted in the production of internationally traded goods and services. Trade therefore represents an unrivalled, and unused, tool for reducing greenhouse gas emissions.
Representatives from more than 160 countries began formal negotiations here Monday on a treaty to mitigate climate change, with the secretary general of the United Nations, Ban Ki Moon, urging governments to help in "saving the planet." The talks, which are scheduled to conclude at the end of 2009, come …
Not so long ago, an Indian company selling carbon credits had a cache of glamour that business-as-usual competitors could only envy. Not any more. By the look of things, if you are planning to enter the carbon credit market, be prepared for 60 months of hair-raising suspense. The nub of …
Scientists and officials from across the world meet in Thailand this week for the first formal talks in the long process of drawing up a replacement for the Kyoto climate change pact by the end of 2009. Around 190 nations agreed in Bali last year to start the two-year negotiations …
People switched off lights across the world on Saturday, dimming buildings, hotels, restaurants and bars to show concern at global warming. Up to 30 million people were expected to switch off their lights for 60 minutes by the time "Earth Hour'
California regulators cut by 70 percent the number of emission-free vehicles that automobile manufacturers must sell in California in the three years beginning in 2012. At the same time, the regulators effectively required, for the first time, that tens of thousands of plug-in hybrid vehicles be sold in those years. …
The Power and Energy Ministry has taken steps to begin the construction of the second and third coal fired power plants in Sampur and Velvuur in Trincomalee in June, a ministry official said. The proposed power plant in Sampur would add 500 MW to the national grid in 2012, the …
Air New Zealand is offering customers carbon credits to offset emissions from their travel and is investing in forest planting to reduce its own pollution. Customers will be able to buy credits, initially sourced from a New Zealand wind farm owned by TrustPower, chief executive Rob Fyfe said in a …
"It's the sun, stupid,' is probably how James Carville would summarize the message of Daniel G. Nocera, a chemist and professor of energy at the Massachusetts Institute of Technology, when he addressed a meeting on environmental issues that began in Aspen Wednesday night. The event is the first Aspen Environmental …
Till the very last rupeeAn undernourished programmeChanging the climate in '08Still at the bottom When the last UNDP report was launched, it raised eyebrows as it suggested that developing countries like India take on emission cuts in addition to the action taken by the richer countries. United Nations Development Programme …
