Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
New research by the Carbon Tracker Initiative (CTI) identifies major financial risks for investors in coal producers around the world, from the domino effect of slowing demand growth in China, where thermal coal demand could peak as early as 2016. CTI’s latest analysis highlights $112billion of future coal mine expansion …
Heavily-polluting industries are in line for a €5bn (£4bn) handout from Europe’s taxpayers because of the way the EU is measuring their exposure to unregulated competitors outside the bloc, according to an unpublished report prepared for the European commission. Steel-making, cement and power plants have their greenhouse gas emissions capped …
Based on data gathered by CDP from corporations in response to its annual request for information on the business implications of climate change, the report finds that large public companies are already advanced in their use of carbon pricing and are ahead of their governments in planning for climate change …
New research demonstrates that for every one tonne of CO2 emissions removed from the atmosphere through carbon offsetting, a further $664 of value is delivered in economic, social and environmental benefits to local communities around the world. The research was conducted by Imperial College London in partnership with the International …
In preparation for the national market, China has selected seven cities and provinces, including Shanghai, pictured, Beijing and Guangdong, to set regional caps and institute pilot programs for trading rights as part of its initiative to cut the intensity of emissions by as much as 45 percent before 2020 from …
China will gradually set up a mechanism for limiting its overall carbon emissions and accelerate development of a national carbon market, according to the country's chief climate change negotiator. The country cut carbon dioxide emissions per unit of GDP by 28.56 percent last year compared with 2005, said Xie Zhenhua, …
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's biggest-emitting nation, accounting for nearly 30 percent of global greenhouse gas …
This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily …
The climate impacts of the world's fossil-fuelled power plants are being underestimated because of poor accounting, say researchers. Governments would get a truer picture if they included the lifetime emissions of a facility in the year it goes into production These "committed emissions" have been growing by 4% a year …
China's State Council has published a guideline to promote the purchase and trading of emissions permits in regions piloting the scheme. The pilot regions must establish mechanisms for the purchase and trading of emissions rights by 2017 to lay a foundation for the scheme to be rolled out nationwide, said …
India is struggling with skyrocketing energy demands, declining energy supplies, and peak load blackouts and shortages that limit energy access. The country’s recent economic growth has depended largely on fossil fuels, resulting in greater energy security concerns, higher electricity pricing, and increased pollution. At the same time, the Indian government …
California, which releases more greenhouse-gas emissions than any other U.S. state except Texas, sold 22.5 million carbon allowances at auction for $11.50 each, just above analysts’ expectations. Units of BP Plc (BP/), Chevron Corp. (CVX), Edison International (EIX), PG&E; Corp. (PCG), Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) …
China, the world’s biggest emitter of greenhouse gases, said it will allow foreigners to trade carbon permits in Shenzhen, making it the nation’s first emissions exchange to welcome outside investors. The Shenzhen exchange has yet to set the date or finalize other entry procedures for foreign investors. The State Administration …
Clive Palmer has softened the conditions under which his proposed emissions trading scheme would be launched, in an attempt to attract more political support for a new price on carbon. The details of Mr Palmer's proposed trading scheme, which he first floated in an unlikely joint news conference with former …
As China lays down plans for a national carbon trading scheme, the world's biggest emitter of greenhouse gases risks repeating mistakes made in carbon trading in Europe by flooding its pilot markets with free permits. The European Union's scheme, the world's largest, suffered a collapse in prices hurting its credibility …
The nearly 200 firms in Shanghai's emissions trading scheme cut their CO2 output by 5.3 million tonnes in 2013 compared with 2011, government officials said Monday, according to state-owned media. The Shanghai scheme is one of seven pilot carbon markets launched in China as the federal government prepares a national …
Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices, if plans to allow them to exit are implemented. At a meeting last week, members of the board overseeing the …
Britain wants deeper reforms to the EU Emissions Trading System (ETS) than those proposed by the European Commission and Germany, favoring cancelling hundreds of millions of carbon permits over launching a tool to regulate market supply. In a report detailing its vision for the 2021-2030 ETS phase, Britain said major …
Cooling towers emit vapor into the night sky at a nuclear power plant in Grohnde, Germany. European pollution permit prices are poised to rise as lawmakers work on a proposal to permanently cut a record supply in their system. Carbon allowances will climb 28 percent to 7.50 euros ($10.21) a …
