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Paris climate deal will not be legally binding treaty
2015-11-12 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/79daf872-8894-11e5-90de-f44762bf9896.html#ixzz3rIPQdxeT John Kerry, US secretary of state, has warned that Decembers Paris climate change talks will not deliver a treaty that legally requires countries to cut their carbon...
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Peabody strikes deal New York attorney general climate risk filings
2015-11-12 13:55:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Coal giant Peabody Energy has agreed to change the way it reports the risks posed to investors by climate change, ending an eight-year investigation by the New York attorney general. Peabody and attorney general Eric Schneiderman confirmed they had reached an agreement on Monday, after the company was accused of issuing misleading statements on the risks it could face from tightening climate change laws. Previously, Peabody has argued that it was unable to predict the impacts of future policy...
U.N. climate deal must unlock private funding for forests: experts
2015-11-12 05:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A new global deal to curb climate change due in Paris next month must "switch on" forest protection schemes by allowing the carbon credits they produce to help meet country pledges to cut planet-warming emissions, forest experts said. That would unlock funding from the private sector, which has so far contributed just one-tenth of the money provided to keep forests standing, said Gus Silva-Chávez of U.S.-based non-profit group Forest Trends which tracked finance flows in 13 countries. Over...
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John Kerry Says Paris Climate Deal Will Not Be Legally Binding: Report
2015-11-11 17:57:00| Climate Ark Climate Change & Global Warming Newsfeed
NDTV: A crunch climate summit in Paris will not deliver a legally binding treaty requiring countries to cut carbon emissions, US Secretary of State John Kerry told the Financial Times on Wednesday. "It's definitively not going to be a treaty... They're not going to be legally binding reduction targets like Kyoto or something," Kerry said, according to the newspaper, referring to the 1997 Kyoto protocol committing states to limit emissions. The UN Conference of Parties (COP21) meeting of some 100...
Paris climate deal to ignite a $90 trillion energy revolution
2015-10-31 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: The fossil fuel industry has taken a very cavalier bet that China, India and the developing world will continue to block any serious effort to curb greenhouse emissions, and that there is, in any case, no viable alternative to oil, gas or coal for decades to come. Both assumptions were still credible six years ago when the Copenhagen climate summit ended in acrimony, poisoned by a North-South split over CO2 legacy guilt and the allegedly prohibitive costs of green virtue. At that point the...
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