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Energy markets are not changing fast enough to avert climate change
A World Economic Forum study has revealed a plateau in the transition of energy markets; Asia ranks poorly in an index that measures the shift to sustainable energy systems. A report published by the World Economic Forum (WEF) has revealed that while most countries are making some progress to shift to more sustainable energy systems, the pace is insufficient to keep climate change in check. Asian countries rank poorly in the Energy Transition Index (ETI) of the study, with Si
Can We Suck Enough CO2 From The Air To Save The Climate?
(First published 17/12/2017) As we try to slow our carbon emissions, we also need to get carbon out of the air. A new industry is springing up to meet the challenge, but can it scale fast enough? If humans stopped emitting greenhouse gases tomorrow, we’d still have a problem: Since the industrial revolution, fossil fuels and industry have already emitted more than 1.5 trillion tons of carbon dioxide; another 600 billion tons have come from changing land use. In April, the con
IEA sees record energy sector emissions in 2017
22 March 2018 Global energy-related carbon dioxide emissions - the largest source of man-made greenhouse gas emissions - increased 1.4% in 2017 to reach a historic high of 32.5 billion tonnes, the International Energy Agency (IEA) has announced. The increase followed three consecutive years of emissions remaining flat. The increase in carbon emissions "was the result of robust global economic growth of 3.7%, lower fossil fuel prices and weaker energy efficiency efforts", the
MIT Technology Review: The carbon-capture era may finally be starting
Analysis of a newly approved tax credit shows it could make an immediate dent in industrial emissions and narrow the financial gap for power plants. by James Temple February 20, 2018 The budget bill that President Donald Trump signed into law earlier this month provides a huge incentive for capturing and storing carbon emissions. Energy researchers who have crunched the numbers in the days since have concluded that on many projects the boosted tax credit could finally tip the
The Real Mainstream: Can the thermal power sector be trusted again?
In the heydays of ‘India Shining’ in 2003, the ministry of environment and forests (MoEF) had experimented with an alternate model to control pollution from industries. The model was named ‘Corporate Responsibility for Environment Protection’, or CREP. It was based on the principle of voluntary compliance: instead of the government imposing pollution standards, industries were encouraged to voluntarily commit to a self-defined standard. Seventeen highly polluting industrial s
Some Good News from US: Bloomberg is UN Special Envoy for Climate Action
United Nations Secretary-General António Guterres announced today the appointment of Michael R. Bloomberg of the United States as his Special Envoy for Climate Action. Michael R. Bloomberg will support the Secretary-General’s climate strategy and efforts toward the planned 2019 Climate Summit at UN Headquarters. The 2019 Climate Summit will mobilize stronger and more ambitious action towards 2020 climate targets. The Special Envoy will leverage efforts in key areas of the
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