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Canada: Alberta Current Carbon Strategy No Match for Keystone's Emissions, Figures Show

2013-10-10 13:31:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: n the tiny hamlet of Hairy Hill, Alberta, a highly energy-efficient grain-fed distillery does what it can to offset some of the greenhouse gas emissions spewed by the province's dirtier industriesmainly the tar sands. The upstart company called Growing Power Hairy Hill turns grain, manure and household waste into liquid fuel and electricity while emitting essentially no greenhouse gases. It says it is Canada's first "integrated biorefinery." Hairy Hill is one small gear in Canada's carbon-control...

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Study Finds Setbacks in Carbon Capture Projects

2013-10-10 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The number of large-scale projects to capture and bury carbon dioxide has fallen to 65 from 75 over the past year, a worldwide survey has found, despite a consensus among scientists and engineers that the so-called carbon capture and sequestration, known as C.C.S., will be essential to meet international goals for slowing the buildup of climate-changing gases. The survey was released Thursday in Seoul, South Korea, by the Global CCS Institute, which is based in Canberra, Australia. Since the previous...

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Australia: Government rejects $2bn cost scrap carbon pricing

2013-10-10 03:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The federal government has rejected suggestions that it could be forced to pay companies more than $2bn if it presses ahead with scrapping the carbon price before 2015. New analysis from energy advisory firm RepuTex warns that the government could be facing a $2bn bill if companies rush to cash in their freely allocated permits before the carbon price is repealed. Brown coal generators and other high-emitting companies were given free permits to help them get used to carbon pricing, which they...

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Carbon Markets 16 Times Cheaper Than Renewable Aid

2013-10-09 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Carbon markets are about 94 percent cheaper at cutting greenhouse gases than renewable subsidies paid to power producers, according to the Organization for Economic Cooperation and Development. The cost of reducing one metric ton of carbon dioxide in the power industry using emissions trading systems is 10 euros ($13.56) on average, compared with 169 euros for feed-in tariffs, the OECD said today in a report. Some tariffs cost more than 700 euros a ton, the OECD in Paris said in the study based...

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UK warned against watering down carbon targets by select committee

2013-10-08 07:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: An influential group of MPs has weighed into the simmering row over the UK's carbon budgets, warning that the carbon reduction targets for 2022 and beyond will be missed, because of poor government policy on energy and the environment. Carbon budgets have become a key political battleground as George Osborne has vowed that the UK will not lead on climate action. Battlelines are being drawn ahead of the key review of the 2023 to 2027 carbon budget, which will be published next year. The environmental...

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