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IEA sees global carbon pricing spreading with China scheme

2013-11-13 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The share of global emissions subject to carbon pricing policies is on course to rise to around 33 percent in 2035 from about 8 percent last year, the International Energy Agency (IEA) said in its 2013 World Energy Outlook on Tuesday. Pricing carbon is aimed at encouraging energy producers and industry to switch to greener energy and away from burning fossil fuels. As well as the European Union's current Emissions Trading Scheme (ETS), the IEA said it expected China to launch carbon pricing...

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Wasted food is world's third-biggest carbon emitter after China and US: UN

2013-09-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: The food the world wastes accounts for more greenhouse gas emissions than any country except for China and the United States, according to a United Nations report. It says every year about a third of all food for human consumption, around 1.3 billion tonnes, is wasted, along with all the energy, water and chemicals needed to produce it and dispose of it. Almost 30 per cent of the world's farmland, and a volume of water equivalent to the annual discharge of Europe's River Volga, are in effect...

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Carbon emissions trading gains momentum in China, despite challenges

2013-07-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Xinhua: Chinese government officials, environment and energy experts, and entrepreneurs have vowed to join hands in accelerating the process of building a nationwide carbon emissions trading market. "The country will soon carry out scientific methods to record enterprises' carbon emissions in major industries and find ways to allocate emissions quota appropriately, as preparations for a nationwide carbon emissions trading market," said Su Wei, director of the climate change department of the National Development...

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China takes cautious step toward carbon emissions trading

2013-06-19 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China launched its first pilot carbon emissions exchange on Tuesday, though plans for a nationwide rollout and efforts to apply the scheme to some polluting heavy industries could be undermined by a slowdown in the world's No.2 economy. High-emission industries such as aluminum and steel are likely to resist higher costs as they are already battling weak prices due to tepid demand and a persistent supply gut. "It is a very big concern for Beijing and for local governments - how to strike a...

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China to launch carbon market trading scheme

2013-06-18 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed

CCTV: China is set to launch its first carbon trading scheme Tuesday in the southern city of Shenzhen. Its one of seven pilot cities for emissions trading before a national rollout. In the spot light, but compared with Shenzhen government officials, the citys ambitious carbon city blueprint is attracting more attention. The plans were unveiled at a forum in Longgang, 50 kilometers away from downtown Shenzhen. This is what the city envisions for the future. Its the miniature, and could be the start...

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