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EU carbon price hits all-time low

2013-01-21 22:17:58| BBC News | Business | UK Edition

The price of carbon under the EU Emissions Trading System hits a record low as Europe's economic weakness contributes to an over-supply of permits.

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Warming Soil Could Release Carbon, Enhance Effects Of Climate Change

2013-01-21 13:04:00| Climate Ark Climate Change & Global Warming Newsfeed

RedOrbit: Climate change could cause soil to grow warmer and release additional carbon dioxide into the air, enhancing the effects of global warming, a new study published in the journal Nature Climate Change has discovered. The study, which was completed by scientists from the University of New Hampshire (UNH), the University of California-Davis (UC Davis), and the Marine Biological Laboratory (MBL), provides new insight into how microorganisms in the earth are influenced by temperature, though it also...

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EU Commission urges swift action to support carbon market

2013-01-21 12:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European Commission on Monday called on member states and the European parliament to agree urgently on a plan to support the carbon market. Provided the proposal to withdraw temporarily some of the surplus of permits on the EU Emissions Trading Scheme (ETS) is supported, the Commission could begin holding back carbon allowances in the first carbon permits auctions after the August recess. "I urge the member states and the European Parliament to act swiftly and with determination," Commission...

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'Warmer soils spew more carbon into air'

2013-01-21 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Indo Asian News Service: Warmer soils spew additional carbon into the atmosphere under the impact of climate change, US research says. The study, conducted by Serita Frey, professor from the University of New Hampshire and others, throws new light on how soil bugs respond to temperature and could finetune predictions of how warming will affect the carbon dioxide (CO2) flux from soils. Activities of soil bugs release 10 times the CO2 that human do on a yearly basis. This release of CO2 has been kept in check by plants'...

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Davos 2013: Time to save the global carbon markets?

2013-01-21 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Last week the EU carbon price fell below EUR5 a tonne -- a record low. This is the latest in the series of signals suggesting global emissions trading schemes are in trouble. New markets are opening around the world, but their future requires strong policy signals from governments, which in turn can be a catalyst for investor certainty. What could world leaders offer at the forthcoming World Economic Forum in Davos to rescue this vital but ailing part of the global climate framework? As...

Tags: time save global markets

 

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