The EU Emissions Trading System (EU ETS) has passed its 10th anniversary. As any other undertaking, it requires, periodically, an assessment regarding its well-functioning, and the delivery of its objectives. Article 10(5) of the EU ETS Directive provides for such a yearly assessment.
The CDM has by now become an established mechanism for crediting climate friendly projects. Projects involving displacement or saving of grid electricity must calculate their emission reductions based on a grid emission factor which needs to be determined in accordance with the rules set by the CDM Executive Board.
China’s coal-and-chemical industry has long been controversial for its high level of carbon emissions. In the recently released “13th Five-year Plan for Energy”, the coal-to-chemical industry was set a number of key construction regions. Meanwhile, global fossil fuel carbon emissions have seen a zero growth rate for three years in a row.
The past two years have seen significant shifts in corporate activity regarding climate change. For businesses, the entry into force of the Paris Agreement has perhaps been the key catalyst to contemplate a future policy environment consistent with its objective of limiting global warming to well below 2°C.
Over the last 25 years, the UK has been the most successful G7 nation at both growing its economy and reducing its greenhouse gas emissions, new research shows.
Energy is needed for economic growth, and access to cheap, reliable energy is an essential development objective. Historically most incremental energy demand has been met through fossil fuels, however in future that energy will have to be low-carbon and ultimately zero-carbon.
Question raised in Rajya Sabha on Eco-friendly approach for fulfillment of the Paris Climate Change Agreement, 20/03/2017. India ratified the Paris Agreement to the United Nations Framework Convention on Climate Change (UNFCCC) on 2nd October 2016.
The use of wood for electricity generation and heat in modern (non-traditional) technologies has grown rapidly in recent years. For its supporters, it represents a relatively cheap and flexible way of supplying renewable energy, with benefits to the global climate and to forest industries.
A combination of the Low Carbon Fuel Standard (LCFS) and California’s Cap-and-Trade Program can reduce the state’s greenhouse gas emissions and reduce dependence on oil more economically and effectively, relative to Cap-and-Trade alone.
