The U.S. has announced a $3B commitment to the Green Climate Fund – the largest single pledge to date. On November 15, 2014 – eve of the 2014 G-20 Summit in Australia – U.S. President Barack Obama announced that the U.S. will contribute $3B to the Green Climate Fund (GCF), the financial support mechanism aimed… Keep reading →
Global energy industry leaders gathered in Doha, Qatar this week for the latest round of international talks on climate change pressed with renewed urgency for changes in government approaches to energy, offering specific recommendations alongside rankings gathered by the World Energy Council in partnership with consultancy Oliver Wyman.
“Leaders in the energy industry want to make sustainable energy a reality, but there’s a real mismatch between what we’re seeing and what we’re doing,” Oliver Wyman partner Mark Robson told Breaking Energy ahead of the release of a report called “World Energy Trilemma: Time to get real – the case for sustainable energy policy.” Keep reading →
Last week, news from the Department of Energy’s Carbon Dioxide Information Analysis Center announced that 2010 was a record year for CO2 emissions. Not only did emissions reach a record high, but the annual amount of growth was unprecedented.
This is a worrying rise. It means that emissions are exceeding the Intergovernmental Panel for Climate Change’s (IPCC‘s) worst-case scenario. It means that the world could be heading for dangerous, unprecedented, and irreversible climate change. Keep reading →