Japan remains committed to nuclear power despite the March 2011 accident at the Fukushima plant and its tragic aftermath, for economic, environmental and political reasons. [Fox News] Carl Icahn’s 2012 purchase of CVR Energy Inc. has returned more than $2.5 billion to the hedge fund manager from market gains and dividends that has recouped much… Keep reading →
What is the Status of National Processes to Define post-2020 Emission Reduction Targets? Last week, the UN Intergovernmental Panel on Climate Change (IPCC) released the so-called ‘Climate Change 2014 Synthesis Report’ of its fifth scientific climate assessment since 1990 thereby updating its 2007 climate assessment (Breaking Energy IPCC coverage here). You guessed right – according… Keep reading →
A very hopeful development, maybe even a game changer – by and large, that’s how climate-change activists were greeting the surprising news out of Beijing of cooperation between the U.S. and China on capping and cutting greenhouse gas emissions. Back in Washington, Republicans, about to take control of both houses of Congress, were outraged. In a… Keep reading →
A plenary session on Tuesday at the 37th IAEE International Conference in New York – titled “Climate Change & Carbon Policies – International Lessons and Perspectives,” continued to draw huge crowds as experts on climate change and carbon policies highlighted different approaches to those issues in the US, China and Europe. As expected, the audience… Keep reading →
China’s highly anticipated pilot carbon markets are up and running, with the notable exception of Chongqing, but already the lack of transparency, pressure from big business and government-owned enterprises, manipulation of data and over allocation of allowances are proving to be hurdles for success. High levels of liquidity are not the end-goal for a… Keep reading →
European governments and businesses are discussing the next round of carbon emissions targets once existing greenhouse gas reduction goals expire in 2020. The Institutional Investors Group on Climate Change says binding targets are needed to make investors confident in putting money into upgrading power generation infrastructure. “Setting out an ambitious 2030 emissions reduction target of… Keep reading →
