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.
Efforts to limit climate change below a given temperature level require that global emissions of CO2 cumulated over time remain below a limited quota. This quota varies depending on the temperature level, the desired probability of staying below this level and the contributions of other gases. In spite of this restriction, global emissions of CO2 from fossil fuel combustion and cement production have continued to grow by 2.5% per year on average over the past decade.
The 2014 Global Carbon Budget has been released ahead of the U.N. Climate Summit, showing that carbon dioxide emissions from fossil fuel burning and cement production increased by 2.3% in 2013 to new record levels. It said that emissions were 61% above the 1990 levels (the Kyoto Protocol reference year).
The paper finds that energy efficiency policies in Asia are expected to have a positive impact on private consumption, government expenditures, and investment. Such policies would also lead to a significant rise in trade within the region while reducing trade outside.
PwC analysis of economic growth rates and greenhouse gas emissions data for G20 economies. PwC’s climate change analysts estimate global economies need to cut their energy related carbon emissions for every $ of GDP by 6.2% every year from now to 2100. That’s more than five times the rate currently achieved.
The purpose of this study is to compare the energy efficiency and CO2-intensity of fossil-fired power generation for Australia, China, France, Germany, India, Japan, Nordic countries (Denmark, Finland, Sweden and Norway aggregated), South Korea, United Kingdom and Ireland (aggregated), and the United States.
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).
A detailed but accessible overview of the concept of indirect land use change and the way that ILUC emissions are estimated. Identifies factors that determine the size of ILUC effects when biofuel demand increases and shows how they are handled in the most important models used in the U.S. and EU.
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.
