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EU carbon market to shrink further after fix failure

2013-04-17 16:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: More banks and trading houses could abandon Europe's carbon market, making government auctions of permits more likely to fail, after the European parliament on Tuesday rejected an emergency measure to prop up prices. Prices for EU carbon permits under the Emissions Trading Scheme (ETS) fell 40 percent to under 3 euros on Tuesday after lawmakers rejected a plan to temporarily cut permit supply by 15 percent for fear that higher carbon prices would cost European jobs and harm economic growth. About...

Tags: market failure fix carbon

 

Increased Carbon Dioxide Levels Damage Coral Reefs

2013-04-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: Scientists have been worried about coral reefs for years, since realizing that rising temperatures and rising ocean acidity are hard on organisms that build their skeletons from calcium carbonate. Researchers on Australia's Great Barrier Reef are conducting an experiment that demonstrates just how much corals could suffer in the coming decades.

Tags: levels increased damage carbon

 
 

Carbon falls as EU rejects fix

2013-04-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: European Union politicians rejected a plan to prop up the world's biggest carbon market on Tuesday, sending it plunging to a new record low and raising questions about its survival. After months of bitter debate, a plenary session of European Parliament in Strasbourg, France rejected by 19 votes a commission proposal to temporarily remove some of the oversupply that has overwhelmed the market for permits to emit carbon dioxide. Ireland, that holds the rotating EU presidency, said support for the...

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If Carbon Markets Cant Work in Europe, Can They Work Anywhere?

2013-04-17 09:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Time: America may be a bit of a mess when it comes to climate policy--though that mess has been surprisingly effective in reducing carbon emissions in recent years--but environmentalists could always look across the Atlantic Ocean to Europe, where greens are green, cars are small and global warming actually matters. Countries like Germany and Spain have led the way in supporting renewable energy, and cities like Amsterdam and Copenhagen put America to shame when it comes to encouraging dense development...

Tags: they work europe markets

 

So Many Ways to Capture Carbon, But Do Any of Them Work?

2013-04-16 15:00:51| Industrial Newsroom - All News for Today

Researchers and businesses continue to examine different ways of capturing and sequestering CO2. At Cleantech 2013, a full symposium will be dedicated to exploring various possibilities. But what will it take for them to reach commercial scale?

Tags: of them work ways

 

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