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Sustainability Outlook Headlines
New report calls for Cap and Trade and other measures to save tropical forestsA bipartisan, multi-sector Commission on Climate and Tropical Forests released its report today calling on the United States to lead a global effort to halve emissions from tropical forest destruction within a decade. The report called . “Protecting the Climate Forests: Why Reducing Tropical Deforestation is in America's Vital National Interest” identifies tropical deforestation as a threat to vital national interests and recommends that U.S. policymakers and the international community move rapidly to scale-up a global effort to protect tropical forests as the most cost-effective way to... Read more.. Date : Jun 13 Source: Examiner
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UK Government Misses Renewable Energy Target by 75 PercentA report on Thursday stated that the UK government failed to meet their energy target of having 10 percent of electricity generated from renewable energy sources such as solar, wave, and wind. The energy target was set in 2000 and due to be completed in 2010. But according to the figures released by the National Audit Office (NAO), only 2.3 percent of the 10 percent goal was accomplished, leaving the government short 75 percent less than their intended objective. The NAO responded to this shortfall by criticizing the Department of Energy and Climate Change (DECC)'s use of government... Read more.. Date : Jun 13 Source: DailyTech
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Syria seeks strategic energy, IT partnership with IndiaSyria has invited Indian companies to set up joint ventures and forge strategic partnerships, especially in the fields of energy and information technology, as the two countries agreed to step up efforts to raise bilateral trade.The two countries signed a memorandum of understanding (MoU) on trade facilitation and an agreement on exempting visa requirements for government officials, according to an official statement issued here. Commerce and Industry Minister Anand Sharma, who co-chaired the second session of the India-Syria Joint Commission Meeting (JCM) in the Syrian capital... Read more.. Date : Jun 12 Source: My News India
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$550 Billion in Fossil Fuel SubsidiesA new report out by the International Energy Agency (IEA) makes it clear that if we just stopped subsidizing the fossil fuel industry (or, at least, subsidized it a lot less) we could significantly cut climate change pollution. The report found that the global fossil fuel industry receives approximately $550 billion in subsidies every year. The report was released at a meeting of G20 finance ministers in Busan, South Korea last weekend. You would think that with increasing concerns about global warming and peak oil, subsidies would be decreasing, but the report showed that... Read more.. Date : Jun 12 Source: CleanTechnica
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Ministry starts talking to people on Green India MissionThe environment ministry Friday started public consultations on the National Mission for a Green India, which is part of the country's plan to fight climate change.The mission, one of the eight under the National Action Plan on Climate Change, aims at increasing the capacity of India's forests to absorb green house gases to 6.35 percent of the country's total emissions by 2020. Date : Jun 12 Source: Silicon India
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Critics slam climate change proposalA new round of climate talks has ended with rich and poor countries criticising a new text meant to pave the way toward a deal to halt global warming.Still, the United Nations says progress has been made at the two-week meeting in Bonn. 'This, all in all, is a big step forward, making much more possible in Cancun,' UN climate chief Yvo de Boer said on Friday, referring to the next major climate summit in Mexico at the end of the year. In Bonn, negotiators from 185 countries tried to revive efforts for a global treaty to fight climate change after the disappointing UN summit in Copenhagen... Read more.. Date : Jun 12 Source: Skynews
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Study finds biomass power not carbon neutralForested regions around the world are pursuing biomass as a renewable energy source but a study finds that the carbon footprint from burning biomass can be worse for global warming than coal.The Manomet Center for Conservation Sciences on Thursday published the findings of a six-month study to measure the greenhouse gas impacts of using biomass, which, in many cases, does not meet claims of being "carbon neutral" over short periods of time. The report was commissioned by the Massachusetts Department of Energy Resources, which said it will revise its regulations in response. "We can... Read more.. Date : Jun 12 Source: CNET News
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Rich and poor countries unimpressed with new climate change proposal in BonnA new round of climate talks ended Friday with rich and poor countries both sharply criticizing a new text meant to pave the way toward a deal to halt global warming. Still, the United Nations said progress was made at the two-week meeting in Bonn."This all in all is a big step forward making much more possible in Cancun," said U.N. climate chief Yvo de Boer, referring to the next major climate summit in Mexico at the end of the year. Date : Jun 12 Source: Minneapolis Star Tribune
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Hope for Cancun only if nations sort out issues, says Yvo de BoerA successful outcome at the climate change conference in Cancun will only be possible if there is full fledged agreement on issues like adaptation, mitigation, technology and finance.This is what the outgoing UNFCCC chief Yvo de Boer would like countries to focus on — agreements that are “actionable” and “operational in the context of shared vision.” Date : Jun 12 Source: Economic Times
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Himalayan climate impacts ‘cannot be generalised’Changes to the flow of meltwater as a result of global warming is likely to have a “severe” impact on food security in some areas, say scientists. Yet people living elsewhere are likely to see food productivity increase, they added in a paper published in Science. Overall, the food security of 4.5% of 1.4bn people in the region is threatened, the researchers conclude. More than 1.4bn people depend on water from the Indus, Ganges, Brahmaputra, Yangtze and Yellow rivers. Date : Jun 12 Source: Ethiopian Review
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U.S., China Object to ‘Strange Meal’ UN Climate Plan (Update1)The U.S., China and Brazil joined dozens of nations criticizing a draft climate treaty issued in Bonn, leaving in place divisions holding up a United Nations agreement on global warming.The negotiating text eliminates some potential targets to limit climate change and greenhouse gas emissions, paring back alternatives from a document published in May. As two weeks of talk concluded today, delegates voiced concerns and urged the diplomat who produced it, Zimbabwe’s Margaret Mukahanana- Sangarwe, to revise it. Date : Jun 12 Source: BusinessWeek
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World Bank role in climate opposedToday, in response to demands by rich countries for World Bank management of climate funds, 287 civil society organizations from over 50 countries released a letter to President Barack Obama calling for the US to stop supporting the Bank in UN climate negotiations. Date : Jun 11 Source: UK Oneworld
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Obama's greenhouse gas rules survive Senate voteIn a boost for the president on global warming, the Senate on Thursday rejected a challenge to Obama administration rules aimed at cutting greenhouse gas emissions from power plants and other big polluters. The defeated resolution would have denied the Environmental Protection Agency the authority to move ahead with the rules, crafted under the federal Clean Air Act. With President Barack Obama's broader clean energy legislation struggling to gain a foothold in the Senate, the vote took on greater significance as a signal of where lawmakers stand on dealing with climate change Date : Jun 11 Source: Yahoo! News
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India remains firm on its stand on emission reduction targetsIndia has rejected calls by developed countries at the Bonn climate talks to turn its domestic emission reduction commitments into internationally binding pledges.In response to industrialized nations again raising the issue of such commitments by developing countries, Indian negotiators made a statement at the climate meet that firmly echoed the views of the Group of 77 and China. Date : Jun 11 Source: Live Mint
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Gensol Consultants raise Rs. 350-cr fundGensol consultants, the carbon consultants, plan to fund renewable projects worth 100-Mwcoming in the wind, solar and hydropower sector from first tranche of fund the company has raised. Date : Jun 11 Source: Siffy Finance
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Rich countries accused of carbon 'cheating'Some rich countries are seeking new rules under the UN climate convention that campaigners say would allow them to gain credit for "business as usual". Russia, Australia, Canada and some EU countries are among the accused. The rules relate to land-use change, which can either release or absorb carbon, depending mainly on whether forests are planted or chopped down. Rich countries, apart from the US, could account for about 5% of their annual emissions through this loophole. Date : Jun 11 Source: BBC
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Energy Efficient Motor Bike Sales May Zoom in IndiaThe government’s move to free energy prices, which may raise fuel rates in the country, is expected to push the demand for small-capacity, fuel-efficient bikes. Reason: The sequential rise in inflation will lead to a change in the buying pattern among bike consumers. Date : Jun 11 Source: EV World
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Climate change: No solution at hand on funds for developing countriesProviding adequate amount of money to help developing countries to slow down climate change continues to be a stumbling block at the negotiating process in Bonn. There are two parts to the finance knot: The short-term or fast-track financing of $30 billion by 2012 and the long-term or mobilising of funds to the tune of $100 billion annually by 2020.At Bonn, developing countries have expressed scepticism about fast-track finance. Date : Jun 10 Source: Economic Times
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Negotiators at Bonn working hard to win trust before Cancun climate change conferenceAt Bonn’s Hotel Maritim negotiators from 194 countries are hard at work, not just hammering out details but at rebuilding trust among nations. With just over two weeks of negotiations left before the Cancun climate change conference, all focus is on rebuilding trust and restoring the primacy of the convention and the Bali Action Plan. With the trust among nations at its nadir in the aftermath of the Copenhagen conference, the progress on substantive issues has been slow. With a little over two weeks of negotiations left before the Cancun meet, it appears that a global climate agreement is... Read more.. Date : Jun 10 Source: Economic Times
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Recession boost to environmentCall it the law of unintended consequences, but some good may have come out of the sub-prime mess created by Wall Street.The 2008-09 recession probably did more for the global environment than any climate change summit or agreement. The recession hit world economy saw its energy consumption, and hence greenhouse effect causing carbon dioxide emissions, shrink by 1.1 per cent during 2009.This is the first time since 1982 that global energy consumption has dropped, says oil major BP in its latest Statistical Review of World Energy. Date : Jun 10 Source: Deccan Chronicle
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Poor nations push for 2010 climate pactUnion Power Minister Shri Sushilkumar Shinde has said that Speaking at the 1st Australia-India Energy and Minerals Date : Jun 10 Source: Progressing India Power
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Climate change: No solution at hand on funds for developing countriesProviding adequate amount of money to help developing countries to slow down climate change continues to be a stumbling block at the negotiating process in Bonn. At Bonn, developing countries have expressed scepticism about fast-track finance. Hope are also faint on the ability of the UN secretary general’s high-level advisory group on finance to deliver a solution to long-term finance for developing nations.
Date : Jun 10 Source: The Economic Times
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Climate treaty virtually written off this yearDelegates from many of the 194 countries gathered here to prepare for the next ‘Governments will meet this challenge because humanity has no other option,’ Date : Jun 10 Source: Vattal
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Media Clinic takes pulse of Bonn climate-change negotiationsTop climate-change negotiators from China, India, the EU,Brazil, Bangladesh and the Solomon Islands made a rare joint appearance before media at a side event during the ongoing UN talks in Bonn. With the UN negotiations often taking place behind closed doors, it is rare to get opposing sides in the same room and speaking on record.
Date : Jun 10 Source: Well Informers
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Climate treaty virtually written off this yearDelegates from many of the 194 countries gathered here to prepare for the next climate summit in Mexico this November Wednesday virtually wrote off the chances of a legally binding treaty to combat global warming this year, but emphasised that their 'frustratingly slow but important' talks were going well and were 'rebuilding trust' between nations after last year's fiasco in Copenhagen. Governments will meet this challenge because humanity has no other option,' incoming executive secretary of the UN Framework Convention on Climate Change (UNFCCC) Christiana Figueres said. ... Read more..Date : Jun 10 Source: Sify News
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