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India, China Urge Rich Nations to Cut Carbon Deeper
2015-05-15 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Rich countries need to take the lead in cutting greenhouse gas emissions, the leaders of India and China have said in an unusual joint statement. Released at the end of two days of talks between Narendra Modi and Xi Jinping, it says developing countries need more finance and technological support to green their economies. The two sides urged the developed countries to raise their pre-2020 emission reduction targets and honour their commitment to provide US$100bn per year by 2020 to developing...
'Greener energy efforts in China help stall world's carbon dioxide emissions
2015-03-15 01:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence-France Presse: China burned less coal and generated more electricity from renewable sources last year to help global carbon dioxide emissions from the energy sector stall. It was the first time there has been such a halt in 40 years during a period of economic growth, the International Energy Agency said. The slowdown came thanks to "changing patterns of energy consumption in China and OECD countries", it said. China, which is the biggest emitter of carbon dioxide, used more renewable energy last year...
Tags: china
energy
efforts
carbon
China carbon offset prices diverge on regional bans
2015-02-03 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The lack of a unified regulatory system for China's fledgling carbon offset market has led to wild variations in prices in different regions, causing uncertainty among both buyers and project developers, traders said. China's national carbon offset registry was launched earlier last month, allowing offsets - known as Chinese Certified Emissions Reductions (CCERs) - to be transferred between buyers and sellers on the country's seven pilot emissions trading schemes. The move was considered an...
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prices
regional
offset
China carbon trading to almost double in 2015
2015-01-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Carbon trading in China could almost double in 2015, analysts say, as more companies come up against curbs on climate pollution. It is the first year all seven regional carbon market pilots, designed to make polluters pay, are up and running. Some 24 million tonnes of carbon dioxide equivalent were traded under these schemes in 2014, according to Thomson Reuters, with a value of EUR123 million. That will rise to 40 Mt in 2015, the research agency forecasts. Historically, Chinese companies...
Tags: china
double
trading
carbon
China blocks carbon review sought by U.S. at UN talks
2014-12-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: China rejected scrutiny of efforts to limit carbon emissions, a key tool that the U.S. says is necessary as more than 190 countries work to devise a new deal to fight climate change. Chinese negotiators sought yesterday at a climate conference in Lima, Peru to delete provisions in a draft text that would have paved the way for other countries and non-governmental organizations to submit questions about its carbon-reduction plans, according to environmental groups that are official observers to...
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