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India faces no pressure curb carbon emission: Modi

2015-01-25 10:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Indo-Asian News Service: Prime Minister Narendra Modi Sunday said the US-China climate deal imposed no pressure on India to roll back its carbon emission, but described climate change as a "bigger pressure" that warranted action from all. "It's my feeling that the agreement, that has just been concluded between the United States and China does not impose any pressure on us," Modi said in response to a question at a joint media meet with US President Barack Obama following their summit-level talks. In a landmark agreement...

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Two carbon emitters can work together on climate change

2015-01-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: At the UN General Assembly in New York last September, I had the honour of sitting down with Prime Minister Narendra Modi to discuss our shared interests, including policies that encourage sustainable economic development and the role that cities can play in supporting them. As the special envoy for cities and climate change for UN Secretary General Ban Ki-moon, I was especially impressed with the PMs ambition to create 100 smart cities, where clean energy will power green economic growth, while...

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Gurit wins multi-annual automotive supply contract for carbon fiber body panels

2015-01-24 13:55:34| Green Car Congress

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European lawmakers fail to back carbon market reforms

2015-01-23 15:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The European Union Emissions Trading Scheme (EU-ETS), the largest in the world, saw the price of carbon fall after a European Parliament committee failed to back a reform package. The EU-ETS covers more than 11,000 factories and companies. It operates on a cap-and-trade system, where the total amount of greenhouse gas emissions that can be emitted by the businesses involved is set and allowances can then be traded. However, critics argue that there is a surplus in allowances, meaning that carbon...

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EU Carbon Plummets as Panel Rejects Market Fix Recommendation

2015-01-23 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon allowances posted their biggest drop since April after a panel in the blocs parliament failed to agree on how to modify a measure curbing a glut of carbon permits. Permits fell as much as 8.1% after the European Parliaments industry committee, which has an advisory role in the legislative process, rejected a recommendation on a mechanism to withhold surplus allowances. Earlier, committee members backed inclusion in the report of an amendment to start the market overhaul...

Tags: market panel fix carbon

 

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