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Australia: Emissions target inadequate, says Climate Change Authority

2013-10-30 02:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Advocate: Australia's greenhouse gas reduction target of 5 per cent this decade is inadequate and should be increased to at least 15 per cent, according to the agency set up to advise the government on climate change policy. In a draft report that is likely to ignite further debate about the Abbott government's policies, the Climate Change Authority said Australia should aim for a 15 per cent cut in emissions by 2020 compared with 2000 levels as a ''minimum option''. The authority, which the Coalition...

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Australia: Climate Change Authority says Abbott must raise emissions target

2013-10-29 23:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australia's 5% emissions reduction target is "not a credible option' and must be increased, possibly to 15% or 25%, the independent Climate Change Authority has found in recommendations posing a huge challenge for the Coalition's Direct Action policy. The Coalition and Labor have promised to meet the same 2020 greenhouse gas reduction targets -- a minimum 5% and a maximum of 25% -- by 2020, under the same set of conditions about what action would need to be taken by the rest of the world for Australia...

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United Kingdom: Decarbonisation target narrowly defeated in House of Lords vote

2013-10-29 10:12:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The government avoided a House of Lords rebellion last night as peers voted by 216 to 202 to defeat an amendment to the Energy Bill that would have required it to introduce a decarbonisation target for the power sector next year. Green businesses and campaigners had hoped that the amendment, put forward by cross-bench peers Lord Stern and Lord Oxburgh and Labour shadow climate minister Baroness Worthington, could pass with a relatively small rebellion from the government benches. But despite...

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20 GW Of Distributed Solar By 2015 New Target For China

2013-10-29 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Clean Technica: 20 GW of distributed solar by 2015 is the new goal in China. So far, about 2 GW has been installed, and six more could be added in 2014. Shanghai, Beijing and Guangzhou are some of the focal points for the development projects. 35 GW by 2015 is the target for all solar installations. According to a new report, China will the biggest deployer of photovoltaics in 2013. (Record demand in Asia is being driven by China and Japan.) China is the largest global energy consumer, and the second largest consumer...

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ON Semiconductor Corp. Price Target Cut to $8.00

2013-10-29 06:45:23| Semiconductors - Topix.net

The firm currently has an "outperform" rating on the stock. Wedbush's price target points to a potential upside of 14.53% from the stock's previous close.

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