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. …
California, long the national leader in clean energy policy, is poised to double down on its investments in the sector, with billions in new subsidies set to flow in over the next few years. California voters last week directed some $2.5 billion to energy conservation programs with the approval of …
California is set to unveil a new weapon in its fight against global climate change on Wednesday when it holds its first sale of carbon emissions permits - a landmark experiment that it hopes will serve as a model for other U.S. states and the federal government. The state's carbon …
The European Union needs new binding goals on renewable energy and on cutting carbon emissions to succeed green policy targets that expire in 2020, the EU's energy chief said, omitting any mention of replacing the current energy savings target. His comments added to a debate about whether the three existing …
This paper explores the possibility of linkages between the PAT scheme and the bilateral carbon offset mechanism proposed by the Government of Japan. It is well established that linking a domestic program with any international mechanism requires it to demonstrate efficient institutional structure for monitoring and verification. Considering the fact …
The report, which aggregates data from 415 individual forest carbon projects historically, was published by Forest Trends’ Ecosystem Marketplace, a world-leading provider of news, data and analytics on environmental markets and investments in conservation. The report examines a variety of strategies for injecting financial resources into projects that save or …
The establishment of the Clean Development Mechanism has been one of the successes of the Kyoto Protocol. It has helped to build experience, capacity and comfort with the use of market mechanisms to reduce emissions. This will be useful when implementing future market mechanisms. This study looks into the principles …
European Union governments will probably reduce emissions outside the bloc’s carbon market by 8.8 per cent more than required under the 1997 Kyoto Protocol, according to projections published today on an EU website. The oversupply of reductions among the 15 older members of the bloc will amount to 1.03 billion …
As the coalition prepares to introduce its energy bill into Parliament in the next few weeks, it must demonstrate political leadership and ensure that its policy is based on robust economic analysis, recognising and addressing failures of the market. The most obvious market failure is created by the fact that, …
European carbon edged up more than 1 percent on Thursday after a sale for nearly half of the 5 million permits expected by the market this week was postponed, spurring utilities to buy allowances. Front-year EU Allowance futures added 8 cents to 7.80 by 1541 GMT on light volume of …
Australia on Thursday issued 6.37 million free carbon units to companies seeking compensation from the country's CO2 pricing mechanisms, the government said, the first ever emission rights to be issued under Australia's carbon scheme. The units were issued via Australia's emissions unit registry to alumina refiner Alcoa and ammonia and …
Major developing countries have dampened prospects for agreement on international carbon emissions reduction targets by insisting on distinguishing between the responsibilities of industrialised and emerging economies to act on climate change beyond 2020. At a meeting in Durban, South Africa, last December, ministers agreed to negotiate a deal, for implementation …
California's top air regulator offered a stern defense of the state's forthcoming carbon cap-and-trade system, battling back against complaints from industry that it will cost jobs and drive up consumer prices at a hearing on Thursday. Industry and manufacturing groups that have opposed the carbon market said at a meeting …
China, the world's biggest carbon dioxide emitter, has struck a deal to work with the European Union to cut greenhouse gases through projects including the development of Chinese emissions trading schemes, the European Commission said on Thursday. The European Union and China have frequently clashed over climate policy and Beijing …
California's carbon market could be 29 percent short of offset credits in its 2013-2014 pilot phase if regulators do not expand their list of allowable project types, making it more expensive for companies to achieve their required emissions cuts, a new report said. By the upcoming cap-and-trade system's third phase, …
NEW DELHI, 12 SEPT: Mitigation alone cannot combat climate change and India should focus on adaptation by developing necessary technologies, experts said here. Stressing on the need to create win-win adaptation programmes to deal with climate change, Environment Ministry Secretary T Chatterjee today said the country should encourage off-grid power …
Major banks are weighing whether to wade into the California carbon market, which experts believe could grow into a $40 billion a year market by 2020, but one that is also loaded with risk and uncertainty. Following last week's successful test of the state's auction platform, the reality is starting …
A link between European Union and Australian cap and trade schemes could inject new life into emissions trading as long as regulators take into account risks such as the impact of market intervention in one region on energy prices in the other. The European Union's executive Commission and Australian government …
India can cut agricultural emissions and subsidies by creating a market for farm offsets India has committed to a non-binding target to cut its emission intensity by 20-25% (from 2005 levels) by 2020. This does not include agriculture. To meet this target and to adapt to climate change without sacrificing …
The European Union may propose linking the supply of carbon permits with economic performance as a long-term option for the world’s biggest emissions market, a person with knowledge of the matter said. The European Commission, the EU’s regulatory arm, may propose introducing a so-called adjustment mechanism to react to macroeconomic …
After announcing this week it will link its future carbon market to the EU's, Australia may look to California next as a potential emissions-trading partner, but the US state may be less keen to cement a trans-continental link, analysts said. On Tuesday, Australia announced it will link its emissions trading …