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 …
The U.S. climate change bill making its way through Congress is the best legislative bet to help the country take the lead in tackling global warming on the world stage, U.S. Energy Secretary Steven Chu said on Monday. "The Waxman-Markey bill is our best shot of any thing I've seen …
Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM), and to encourage mitigation at least possible …
Carbon market professionals hope speedy US Congressional approval of a federal cap and trade scheme will boost emissions trading, which is threatened by recession and slow UN climate talks. The existing Kyoto Protocol laid the foundations for emissions trading, by imposing caps on emissions in Europe and other developed countries, …
The UNEP Finance Initiative is a unique global partnership between the United Nations Environment Programme and over 170 financial institutions from the banking, investment and insurance sectors across the globe. The Initiative aims to promote linkages between the environment, sustainability and financial performance through a comprehensive work programme, including research …
This report makes clear that there are many different approaches to renewable energy policy. Many factors influence the approaches that local governments choose. Some of these include geographic resource availability, financing availability, relationship to state and national governments, local regulatory authority and legal jurisdiction, social and cultural conditions, existence of …
This brief demonstrates that Renewable Energy Certificates (RECs) sold in either voluntary or mandatory environmental markets are not equivalent to GHG emission offsets. The first section of this brief defines and provides an overview of GHG emission offsets and RECs. The second section describes the relationship between renewable energy and …
The CO2 emission performance standard policies outlined in this paper could complement a cap-and-trade program that puts a price on carbon and serve to significantly reduce the CO2 emissions from coal use for electricity generation. Emission performance standards have a long history in the United States and have been successfully …
Renewable sources accounted for 56 percent of investment dollars, worth $140 billion, while investment in fossil fuel technologies was $110 billion according to this new UN report. It highlights how investment in developing countries in 2008 had surged forward by 27 percent to $36.6 billion, and now accounted for nearly …
The best way to curb global warming would be a carbon tax. The money raised could be divided up among citizens or used to repay the national debt. A tax on carbon dioxide (CO2) would give everyone an incentive to emit less of it. It would be simple, direct and …
Mumbai: The turmoil in the financial world notwithstanding, 2008 saw a doubling of the global carbon market to an estimated over $126 billion, according to the latest World Bank report
Carbon market professionals hope speedy U.S. Congressional approval of a federal cap and trade scheme will boost emissions trading, which is threatened by recession and slow U.N. climate talks. The existing Kyoto Protocol laid the foundations for emissions trading, by imposing caps on emissions in Europe and other developed countries, …
Global emissions of the main greenhouse gas carbon dioxide will jump more than 39 percent by 2030 without new policies and binding pacts to cut global warming pollution, the top U.S. energy forecast agency said on Wednesday. Nearly 200 nations are set to meet late this year in Copenhagen to …
PRESIDENT BARACK OBAMA was emphatic during his campaign and after his election: The best way to fight climate change is to cap carbon emissions and auction off tradable permits to emit carbon. "If you're giving away carbon permits for free, then basically you're not really pricing the thing and it …
US President Barack Obama is walking a tightrope on climate change -- and so far appears to be achieving a delicate balance. At Obama's urging, Congress is working on a bill to curb greenhouse gas emissions with a cap-and-trade system. The developed world is again looking to the United States …
A delegation of US lawmakers led by House of Representatives Speaker Nancy Pelosi will visit China in coming days to discuss international efforts aimed at reducing greenhouse gas emissions. Pelosi, a Democrat, said on Friday that a bipartisan group of House members will be on the trip. However she did …
