Negotiators from the Council, the European Parliament and Commission last night reached a ‘provisional political deal’ on reforming Europe’s Emissions Trading System (ETS) for the next decade. A compromise was struck late in the night, according to which the so-called Modernisation Fund can no longer support financing for coal. An exemption was made for district … Continue reading Deal struck in carbon market reforms
Continue readingTag Archives: CO2
Member States agree on general approach on post-2020 ETS reform
Member States proposed to strengthen the Market Stability Reserve, a facility designed to take excess carbon permits out of the market from 2019 onwards. The rate at which it will take permits out of the market would be doubled. And permits stored in the reserve would be cancelled if a certain threshold is reached. The … Continue reading Member States agree on general approach on post-2020 ETS reform
Continue reading
British wind energy cut carbon emissions by 36 million tonnes
enewable energy generated from wind farms in Britain has prevented the creation of around 36m tonnes of greenhouse gas emissions over the last six years, a new study from the University of Edinburgh has found. Engineers said that their methodology could be applied to create more accurate estimates of future emissions savings and readings for … Continue reading British wind energy cut carbon emissions by 36 million tonnes
Continue reading
100% Renewable Energy a must for limiting global warming to 1.5 degrees
United under the umbrella of the Global 100% Renewable Energy Campaign, cities, NGOs, Renewable Energy Industry Associations and academics from across the world highlight that implementing the Paris Agreement means phasing out fossil fuels and investing in a 100% Renewable Energy infrastructure immediately. At a High-Level Event in Marrakesh, leaders from this global 100% RE … Continue reading 100% Renewable Energy a must for limiting global warming to 1.5 degrees
Continue reading
WindEurope CEO underscores need for strong governance on EU’s 2030 package
When diplomats arrived in Marrakech for the next round of UN climate talks, they knew the conference would get off to a good start. Only a few days before the opening ceremony of COP22, the Paris Agreement formally entered into force. It gave diplomats renewed impetus as they began critical discussions on how to implement … Continue reading WindEurope CEO underscores need for strong governance on EU’s 2030 package
Continue reading
Renewable energy technologies ready to deliver on the Paris Agreement at all levels of deployment
The REN Alliance, a coalition of five renewable energy associations, joined forces at COP22 in Marrakech to demonstrate how renewable technologies working together can meet energy needs at island, rural, city, national and regional levels. Among the most significant challenges facing society today is the impacts that global climate change can have on our … Continue reading Renewable energy technologies ready to deliver on the Paris Agreement at all levels of deployment
Continue readingWorld Wind Energy Award 2016 for 195 Countries who endorsed the Paris Agreement
On the occasion of the 15th World Wind Energy Conference 2016 in Tokyo, the Board of the World Wind Energy Association has decided to give the World Wind Energy Award 2016 to the 195 Governments plus the European Union who, during the UN Climate Change Conference COP21, reached the so called Paris Agreement, a landmark … Continue reading World Wind Energy Award 2016 for 195 Countries who endorsed the Paris Agreement
Continue reading
China issues plan to reduce greenhouse gas emission
China will reduce carbon dioxide emissions per unit of GDP by 18 percent compared with that in 2015 by the end of 2020, the cabinet announced Friday. The government will restrict other greenhouse gas emission and start a carbon trading market in the next five years to help meet the commitment to peaking carbon dioxide … Continue reading China issues plan to reduce greenhouse gas emission
Continue readingIRENA welcomes Paris Agreement as strong enabler for renewable energy action
International Renewable Energy Agency (IRENA) Director-General Adnan Z. Amin issued the following statement upon the entry into force of the Paris Agreement today: IRENA welcomes the entry into force of the Paris Agreement and congratulates those Parties whose leadership made this a reality. The fact that this happened more quickly than anyone thought possible, sends … Continue reading IRENA welcomes Paris Agreement as strong enabler for renewable energy action
Continue reading
Decarbonising the energy sector needs cost-efficient onshore wind energy
Today, the Paris Agreement comes into force, sending an important signal to companies investing in climate-friendly business. This step follows the agreement’s ratification by 55 countries, representing more than 55 percent of global CO2-emissions. Among these countries are China, the EU, India and the USA. At the core of the agreement is the notion to … Continue reading Decarbonising the energy sector needs cost-efficient onshore wind energy
Continue readingParis defines 100% renewable energy as the new normal
The UN Climate Change Conference COP21 ended last weekend with 195 governments agreeing on a new climate treaty, and this Paris agreement is a big breakthrough! The agreement itself is indeed not detailed, includes no clear figures on limiting greenhouse gas emissions, no strong legal commitments on how to act. Hence my assessment is based … Continue reading Paris defines 100% renewable energy as the new normal
Continue reading
World to markets: Invest now in climate solutions
Over the weekend global leaders agreed to change the course of our world by declaring the need to pivot to a clean, low-carbon future. Monday’s headlines struggled to convey the magnitude of their call to action: Washington Post: Countries just adopted a historic climate change accord Los Angeles Times: Nearly 200 nations join together to … Continue reading World to markets: Invest now in climate solutions
Continue reading
Ambitious UN climate deal could be investment opportunity for European wind energy industry
China, India, Morocco, Brazil and Turkey are just a few of the countries that have made post-2020 national pledges on the deployment of wind energy in the coming years. In all 70 countries have identified wind as a key climate mitigation technology. Giles Dickson, Chief Executive Officer of the European Wind Energy Association, said: “The … Continue reading Ambitious UN climate deal could be investment opportunity for European wind energy industry
Continue reading
COP21: global climate agreement marks historic step
The legally binding international climate agreement negotiated in Paris on 12 December offers a real glimmer of hope, though it will still not be enough to avert irreversible consequences from climate change. By recognising the importance of the world’s cities and regions, the agreement has, however, increased the prospects of a more effective and sustained … Continue reading COP21: global climate agreement marks historic step
Continue readingFinal climate change draft unveiled in Paris
While some climate change activists and U.S. Republicans will likely find fault with the accord – either for failing to take sufficiently drastic action, or for overreacting to an uncertain threat – many of the estimated 40,000 officials and environmentalists who set up camp on the outskirts of Paris say they see it as a … Continue reading Final climate change draft unveiled in Paris
Continue reading
The Role of Wind Power at COP 21
Enel Green Power CEO Francesco Venturini spoke at the European Wind Energy Association’s (EWEA) plenary assembly, one of the major International conferences on the energy market and the most important European wind energy fair with thousands of exhibitors from over 60 countries. The agenda included expectations for COP 21, the UN climate change summit to … Continue reading The Role of Wind Power at COP 21
Continue readingClimate pledges for COP21 slow energy sector emissions growth dramatically
The International Energy Agency (IEA) released on Wednesday a World Energy Outlook (WEO) special briefing that outlines the energy sector implications of national climate pledges submitted for the upcoming climate summit in Paris (COP21). The briefing finds that if all countries meet goals outlined in their submitted pledges, known as Intended Nationally Determined Contributions (INDC), … Continue reading Climate pledges for COP21 slow energy sector emissions growth dramatically
Continue reading
Obama Gets More Than 80 Leading US Companies to Agree to Act on Climate Change
President Barak Obama announced that 81 of the U.S.’s leading companies have signed onto the American Business Act on Climate pledge. The companies from Alcoa to GE, GM, International Paper, McDonald’s, Xerox and a host of other companies from a wide range of industries agreed to reduce emissions, increase low-carbon investments, use more clean energy … Continue reading Obama Gets More Than 80 Leading US Companies to Agree to Act on Climate Change
Continue reading
Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
The EU greenhouse gases (GHG) emission savings due to final renewable energy consumption in electricity, cooling/heating and transport sectors rose at a compound annual growth rate of 8.8 percent from 2009 to 2012, according to a new report of the European Commission’s Joint Research Center (JRC). Nearly two thirds of the total savings came … Continue reading Increased use of renewable energy, solar energy and wind power, helps EU reduce GHG emission
Continue reading
Solar energy and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan
Solar power and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan to cut carbon emissions by forcing utilities to use renewable sources to produce electricity, the industry said on Monday. With its 2030 deadline, Obama’s Clean Power Plan offers a degree of stability … Continue reading Solar energy and wind energy in the United States is likely to have a secure future thanks to President Barack Obama’s plan
Continue reading
