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Desperately seeking strategy, utilities lost in low-carbon world

2015-12-02 17:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: European utilities executives meeting at the Paris Climate Conference know they are part of the problem. What they have not yet figured out is how to make money by being part of the solution to climate change. For decades, power plants owned by the likes of RWE, Enel and EDF have been among Europe's worst polluters. When governments started subsidising solar and wind power in a bid to reduce carbon emissions, many utilities shunned green energy as unrealistic and uneconomic. Now, renewable energy...

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New report outlines benefits and trade-offs of low-carbon energy

2015-11-30 13:00:00| LifeSciencesWorld

[NEWS] If it's green, it's mostly clean, according to a new, comprehensive review of renewable energy sources released today by the International Resource Panel, hosted by the United Nations Environment Programme (UNEP). The report, “Green Energy Choices: The Benefits, Risks and Trade-Offs of Low-Carbon Technologies for Electricity Production,” takes a cradle-to-grave look at the environmental and health pros-and-cons of nine different renewable sources of en…

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Australian banks say will support low-carbon lending

2015-11-05 02:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Two of Australia's major banks on Thursday announced initiatives to support the transition to a low-carbon economy, moves which could make it harder to finance the country's coal industry. Top lender National Australia Bank will finance A$18 billion ($12.84 billion) through to 2022 to renewable energy projects including low-carbon property and transport, it said in a statement. Commonwealth Bank of Australia, the second biggest lender, said it would consider environment risks in loan and credit...

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India on low-carbon track

2015-10-26 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Arab News: India, the third-largest emitter of greenhouse gases globally, got a huge boost in her sustainable development agenda when Germany, a world leader in renewable energy, offered to provide $2.25 billion in aid - in addition to the 1.15 billion euros that Berlin had committed earlier under "Green Energy Corridors Partnership" - for solar developments during Chancellor Angela Merkel's recent trip to New Delhi to attend the third Indo-German inter-governmental consultations. With meticulous precision,...

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