in what can be called a positive step towards fighting climate change, the European Commission has demanded sweeping cuts in emission rights from its member states. The commission announced an

In order to at least halve global emissions below 1990 by 2050 so as to increase the likelihood of avoiding the worst impacts of climate change, such as the complete melting of the Greenland ice sheet, an ambitious and inclusive post-2012 agreement is needed. This agreement should be based on the UNFCCC and the Kyoto Protocol and include a set of equitable commitments from all major economies to reduce or curb emissions of greenhouse gases. In order to stay below 2

The Environmental Audit Committee (EAC) today launches an inquiry into the voluntary carbon offset market. Over the last few years, there has been a considerable growth in this market as awareness of climate change has increased and public and private bodies, as well as individuals, have sought to reduce their overall carbon footprint. The carbon offset market provides companies, public bodies and individuals with the opportunity to purchase credits generated from projects that reduce the amount of greenhouse gases entering the atmosphere.

This new edition of "Findings of Recent IEA Work' provides a sample of the Agency's activities since its 2005 Ministerial meeting. Each page focuses on a specific subject or project,including references to IEA work that will be of use to governments, academics, journalists and the wider public. This volume is not all-inclusive, but seeks to highlight IEA efforts to respond to the concerns of its member countries and identify ways to overcome the energy challenges face.

China and India, the world's fastest growing energy markets, are the special focus of the 2007 edition in the award-winning World Energy Outlook (WEO) series. How fast will demand in these dynamic economies rise? How will it be met? And what impact will their energy choices have on the rest of the world?

This MIT study examines the role of coal as an energy source in a world where constraints on carbon emissions are adopted to mitigate global warming. The study’s particular emphasis is to compare the performance and cost of different coal combustion technologies when combined with an integrated system for CO2 capture and sequestration.

This publication provides stimulating analysis on future scenarios of energy use, which focus on a range of technologies that are expected to emerge in the coming years and decades. There is now universal recognition of the fact that new technologies and much greater use of some that already exist provide the most hopeful prospects for mitigation of emissions of GHGs.

This book identifies how climate change policy uncertainty may affect investment behaviour in the power sector. For power companies, where capital stock is intensive and long-lived, those risks rank among the biggest and can create an incentive to delay investment. The analysis results show that the risk premiums of climate change uncertainty can add 40% of construction costs of the plant for power investors, and 10% of price surcharges for the electricity end-users. This book also tells what can be done in policy design to reduce these costs.

This study looks at trends in GHG emissions in different regions across the world, and analyses the major drivers. It provides an overview of the policies, strategies and measures being adopted and planned worldwide to combat climate change. It compares the different approaches adopted in different regions and the reasons for differences in emphasis. It assesses the measures in terms of their expected impacts on the key WEC objectives of energy accessibility, availability and acceptability.

The global debate over who should take action to address climate change is extremely precarious, as diametrically opposed perceptions of climate justice threaten the prospects for any long-term agreement. Poor nations fear limits on their efforts to grow economically and meet the needs of their own people, while powerful industrial nations, including the United States, refuse to curtail their own excesses unless developing countries make similar sacrifices.

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