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State should use carbon funds to cut emissions

2013-06-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sacramento Bee: Voters have sent a clear message on California's leadership role in reducing energy emissions and costs. By a 22-point margin, voters in 2010 rejected an oil industry-led voter initiative that sought to roll back implementation of the landmark Assembly Bill 32, the California Global Warming Solutions Act of 2006 that would reduce greenhouse gas emissions to 1990 levels by 2020. The money from four cap-and-trade auctions a year – February, May, August and November – is supposed to go...

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Europe must set single target for carbon reduction, says Shell

2013-06-07 10:00:00| Power Technology

Royal Dutch Shell chief executive officer Peter Voser has said the European Union (EU) should set a single, stand-alone target for greenhouse gas emissions reduction for the period to 2030.

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EU Proposes Lowest Allowed Limit for Imported Carbon Credits

2013-06-07 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The European Unions regulatory arm proposed to set the quota for international carbon credits at the lowest level allowed by law after imports aggravated a record glut of permits in the EU emissions-trading system. Participants in the worlds biggest carbon market will be entitled between 2008 and 2020 to use United Nations credits totaling up to 11 percent of the EU permits granted to them for free in 2008-2012, according to a draft regulation published by the European Commission yesterday....

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US ultra-conservatives target carbon tax in online advertising campaign

2013-06-06 13:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Americans for Prosperity (AFP), the ultra-conservative group funded by the Koch oil billionaires, is launching a series of adverts that target Democratic senators and aim to block action on climate change. The online-only campaign was created with the specific purpose of defeating moves to make polluters pay for the greenhouse gas emissions that cause climate change. AFP said on its website: "Over the next several weeks, the online ads will alert activists to urge their lawmakers to block carbon...

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Carbon pricing is catching on around the globe just not in Washington, D.C

2013-06-05 22:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: More than 40 national governments and 20 states or other "sub-national" governments are now charging polluters for emitting greenhouse gases, or plan to start in the coming years, according to a new report from the World Bank. The U.S., of course, is not one of the countries with a national cap-and-trade plan or carbon tax, but California and parts of New England are pushing ahead despite Congress` refusal to act. All in all, about 7 percent of the world`s greenhouse gases are now priced -...

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