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Carbon dioxide in atmosphere did not break 400 ppm at Hawaii site

2013-05-14 14:37:09| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: Carbon dioxide measurements in the Earth's atmosphere did not break the symbolic milestone of 400 parts per million at a Hawaiian observatory last week, according to a revised reading from the nation's climate observers. The National Oceanic and Atmospheric Administration (NOAA) revised its May 9 reading at the Mauna Loa observatory in Hawaii, saying it remained fractions of a point below the level of 400 ppm, at 399.89. Individual readings at any of NOAA's observation stations are subject...

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South Korea on course to have the world's highest carbon prices

2013-05-14 11:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: In a little over 18 months, South Korea will launch a scheme that will cap around 70% of its greenhouse gas emissions. A White Paper published today by research firm Bloomberg New Energy Finance, in cooperation with Ernst & Young, concludes that the design is the most ambitious yet proposed anywhere, and could result in the Korean carbon price reaching the penalty level of $90/tCO2 exceeding that in any other emissions trading system (ETS) in the world. The predicted high prices in the Korean...

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Germany's Merkel eyes tougher carbon targets

2013-05-14 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: German Chancellor Angela Merkel said she's confident that European Union member states can agree to more ambitious climate protection targets. Germany is in talks with EU member states including Poland about the need for a new CO2 emissions reduction target, Merkel told a sustainability conference today in Berlin. "We need, as soon as possible, another EU-wide target that goes beyond the CO2 reduction of 2020," Merkel said. "I think that at the end of this year, possibly in connection with...

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Report: South Korea to launch world's most ambitious carbon trading scheme

2013-05-14 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: South Korea is preparing to introduce the world's most ambitious emissions trading scheme, potentially paving the way for carbon costs as high as $90 a tonne for many of the country's key industries. That is the stark conclusion of a major new report from Bloomberg New Energy Finance (BNEF) and Ernst & Young, which hails the proposed scheme as the world's most ambitious carbon-pricing policy but warns that changes to the proposals may be required before the scheme is introduced in 2015 to avoid...

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Tanzania: Bamboo farming can offset carbon emission

2013-05-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Daily news: THE idea to cultivate bamboo may sound strange and ridiculous in this country but the fact that deforestation is taking place at an alarming rate with unparalleled tree planting efforts; time has come for Tanzania to learn from other countries about alternative measures to mitigate effects of climate change. Environmentalists throughout the world have proposed bamboo farming as an alternative way to offset carbon emission from the human population. Contrary to popular belief, bamboo is very durable...

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