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EU announces plan to cut carbon emissions 40 per cent by 2030
2014-01-22 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The UK's green economy has today received a significant boost, after the European Commission unveiled a new package of climate and energy policies designed to slash greenhouse gas emissions 40 per cent by 2030. The long-running negotiations are understood to have gone down to the wire this morning, after a handful of commissioners pushed for a more modest series of emissions and renewable energy targets. But European Commission president José Manuel Barroso pushed through a series of targets that...
EU sets targets of 40% carbon cut and 27% share of renewables by 2030
2014-01-22 11:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Of course we remain committed to 2C goal [of keeping temperature rises below 2C above pre-industrial levels]. If now, EU adopted zero emissions for 2030, unfortunately that would not solve the problem. Tomorrow I will be in Davos with Ban Ki-moon, announcing some of these proposals. I will be so happy if some of our partners will be making something comparable, that would help solve the problem. With 40%, we are shaping the debate, while some other partners are, I'm sad to say, backtracking. They...
Carbon markets in China face permit surplus: Report
2014-01-22 10:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Economic Times: China's new carbon markets are likely to be over-allocated due to their heavy reliance on companies' own emissions data, making the permits inefficient as drivers of investment in cleaner technologies, a Beijing-based green group said. The world's biggest emitter of planet-warming greenhouse gases has in recent months become the second biggest market after the European Union for trading of emission permits. Five cities and provinces in China have launched schemes that regulate carbon dioxide...
Tags: report
china
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markets
Promoting Low Carbon Development in Sudan: Aims and Gains
2014-01-20 11:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Sudan Vision: About the Project In order to address the damage to the planet caused by high carbon emissions in many countries, a system of tradable carbon credits, formalized by the Kyoto Protocol 1997, exists to help reduce the amount of carbon, and other green house gases that are emitted into the atmosphere. In effect credits are bought, usually from less developed countries that are not using their quota, by richer ones that are exceeding theirs. Overall, the aim of this carbon credit trading system is to...
Tags: low
development
carbon
aims
EU set propose 40% carbon reduction target for 2030
2014-01-20 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: EU policymakers this week will likely propose that the 28-nation bloc cuts carbon emissions 40% by 2030, and how that target should be met, but it could be a year before the energy and climate package becomes law. The White Paper is much anticipated because it will shape the EUs climate and energy policies until the end of the next decade, a key staging post for an overall goal to slash emissions by at least 80% by 2050 and help the world avoid the worst impacts of climate change. The key...
Tags: for
set
target
reduction
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