Warren Buffet came in for criticism after his company, Berkshire’s NV Energy, Nevada’s dominant utility opposed the proposal to increase a cap on the amount net metering for state citizens. “While the billionaire’s famed holding company has reaped tax credits from investing in wind farms and solar arrays, net metering is often seen by utilities… Keep reading →
Energy News Roundup: Buffett’s Dilemma, Canada Commits To Greenhouse Cuts & Nations Subsidizing PollutionBy Conor O'Sullivan
After a landmark U.S.-China climate announcement and combined pledges of nearly $10 billion to the Green Climate Fund, there is strong momentum leading into the annual United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP 20) in Lima, Peru. At COP 20, climate change negotiators will meet to help build the… Keep reading →
With the global climate talks in Lima, Peru halfway done, climate observers are watching with baited breath to see how far countries get to hammering out a draft agreement that can be formalized next year in Paris. However, there are lots of steps being taken to address greenhouse gas emissions at the personal, local and… Keep reading →
En Route to Closing the Emissions Gap in 2030: Climate-Relevant International Policy Developments in 2014By Roman Kilisek
While governments around the globe prepare to attend the next UN climate change conference in Lima (Peru), which is another important milestone on their ultimate journey to Paris in December 2015 – where the post-2020 international framework is to be agreed – the UN Environment Program (UNEP) released the updated Emissions Gap Report 2014. This… Keep reading →
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 →