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EU carbon fix squeaks through in lucky break for Greens

2013-07-03 19:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: There's a century-old phrase often attributed to Otto von Bismarck on laws and sausages - you never want to see them made. Lawmakers in the European Parliament in a surprise move on Wednesday passed a bill that could have a bearing on how much Europe will pay for its energy over the next 40 years by forcing up the price of carbon allowances in the EU emissions trading scheme through cutting the supply of permits. But they did so only after infighting among those opposed to the measure handed the...

Tags: break fix lucky carbon

 

Breaking: European Parliament back plans to push up carbon price

2013-07-03 12:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The European Parliament has approved plans designed to boost the EU's carbon market and drive green investment by tackling the glut of allowances that have sunk the price of CO2 to record lows this year. MEPs in Strasbourg today voted in favour of "backloading" proposals at a plenary vote in Strasbourg, approving plans for the European Commission to temporarily postpone the auction of 900 million allowances for the bloc's Emissions Trading System (ETS). The proposals were agreed as a compromise...

Tags: back price plans european

 
 

Algae.Tec Signs Carbon Capture Biofuels Deal With Australia's Largest Coal-Fired Power Company

2013-07-03 06:46:28| pollutiononline News Articles

In what is understood to be a world first, Algae.Tec (ASX: AEB, OTCQX: ALGXY) has signed a deal with Australia's largest power company to site an algae carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney

Tags: company power deal largest

 

Trapping Carbon Dioxide Underground: Can We Do It?

2013-07-02 20:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Live Science: In a policy address last week, President Barack Obama made the reduction of greenhouse gas emissions in the United States a key priority in the nation's fight against climate change. Now, a newly released geological report points to a promising way to cut down on the amount of harmful carbon dioxide pumped into the atmosphere: inject and store it inside rocks deep underground. The U.S. Geological Survey (USGS) conducted a detailed assessment and found 36 regions across the country that have the...

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Algae.Tec signs carbon capture biofuels deal with Australias largest coal-fired power company

2013-07-02 17:30:13| Green Car Congress

Tags: company power deal largest

 

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