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Paris Pact Promotes But Complicates Carbon Trading

2016-02-23 15:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: One out of every six molecules of climate pollution released to the atmosphere next year will be regulated under a cap-and-trade system, according a new global estimate that highlights the remarkable ongoing growth in carbon markets around the world. Under cap-and-trade systems -- pioneered in recent years in Europe and some U.S. states and spreading through Asia and Canada -- governments trying to slow global warming impose industry- or economy-wide caps on climate pollution. Companies then buy...

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Australia: CSIRO climate cuts will breach Paris agreement and cost economy report

2016-02-21 20:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Cuts to the CSIROs climate modelling and measuring research will breach Australias obligations under the recent Paris agreement and will result in huge costs to the economy, a report by Australias Climate Council has found. The report adds to a chorus of eminent bodies and individuals criticising the move, which the CSIRO made after almost no consultation with its own scientists or other research institutions. Earlier in the month it was revealed CSIRO would be cutting up to 350 staff from...

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UN Climate Chief Christiana Figueres To Step Down, Praises Governments For Paris Pact

2016-02-20 04:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Tech Times: Christiana Figueres announced that she will step down from her post as the executive secretary of the U.N. Framework Convention on Climate Change (UFCCC) in July and will not consider an extension. This marks the end of a six-year term that was concluded with the adoption of the Paris Agreement in December 2015. Figueres, a civil official from Costa Rica, was appointed the agency since 2010. She helped draft the Paris agreement along with other leaders from across the globe. The Paris Agreement...

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UN climate change chief steps down after historic Paris deal

2016-02-19 16:48:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The UNs climate chief said on Friday she will step down in July, at the end of a six-year term, and praised governments for reaching a 195-nation deal in Paris in December to shift the world economy from fossil fuels to cleaner energies. Christiana Figueres, a 59-year-old Costa Rican, said she would not accept any extension of her term as head of the Bonn-based UN Climate Change Secretariat after what she called the historic Paris Agreement. We now move into a phase of urgent implementation,...

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'Consequences' for the US if it quits Paris climate deal

2016-02-18 13:01:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The US faces "diplomatic consequences" if a new President decides to pull out of the Paris Climate Agreement. American climate envoy Todd Stern said the reaction would be far greater than when the US left the Kyoto Protocol under President Bush. Many countries are worried that a Republican victory in November's presidential election would see the US walk away from the landmark Paris deal. But Mr Stern said he thinks this is unlikely given the global reaction. The recent decision by the...

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