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Tag: carbon
States Group Calls for 45% Cut in Amount of Carbon Emissions Allowed
2013-02-08 03:49:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The Regional Greenhouse Gas Initiative, the countrys first regional system for capping carbon emissions and creating a market in carbon allowances, proposed a fundamental change on Thursday to increase electrical utilities incentive to cut emissions from fossil-fuel plants by raising the cost of compliance. The regional group proposed a 45 percent reduction next year in the total carbon dioxide emissions allowed. The cut is not as draconian as that number suggests, however, because the new total...
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Comprehensive assessment concludes black carbon second-most important human emission in warming climate
2013-02-07 18:30:21| Green Car Congress
Tags: important
black
human
comprehensive
Mass., eight other states to sharply cut power plant carbon dioxide emissions
2013-02-07 15:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Boston Globe: Massachusetts and eight other Northeast states are nearly halving the amount of carbon dioxide power plants are allowed to emit - a dramatic reduction that is expected to bring in hundreds of millions of dollars to the state while combatting global warming. The revision of the Regional Greenhouse Gas Initiative agreement comes four years after the nine-state program first put in place a cap aimed at curbing emissions of the key heat-trapping gas in order to slow manmade climate change. "This...
Carbon price suffers dramatic and enduring slump
2013-02-07 13:19:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: "Dramatic", "enduring", "meltdown" -- the words used by leading analyst firm Thomson Reuters Point Carbon to describe the continued slump in global carbon prices could not be starker. And according to analysts the chances of prices recovering in the near future remain extremely thin. The company today released data for 2012 showing that, while the volume of carbon traded globally rose 28 per cent to 10.7Gt, the value of the market fell 35 per cent to EUR62bn as the price of allowances in the EU...
Tags: price
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dramatic
suffers
Utilities prepare for carbon rules on operating power plants
2013-02-07 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: Imposing greenhouse gas regulations on the nation's existing power plants is the main climate priority sought by environmental groups as President Obama begins a second term. But that move has been anticipated in the utility sector, and many of its members are prepared for it, according to industry officials. The present fleet of coal-fired generating plants is getting smaller as cheap natural gas replaces coal and as older facilities close because of age and the high costs of installing new equipment...
Tags: power
rules
operating
plants
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