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EU Industry Got $27 Billion Cap-and-Trade Windfall, Study Says

2016-03-15 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union industry landed a 24-billion-euro ($26.7 billion) windfall from an emissions cap-and-trade program that was intended to moderate emissions by putting a price on pollution, according to an environmental consultancy. Companies in the cement, petrochemical and steel industries gained most from the emissions trading system, or ETS, from 2008 to 2014, according to a study by CE Delft which was commissioned by Carbon Market Watch, an environmental lobby. European industry received too...

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Education must focus efforts on ecological literacy, Matt Henderson says

2016-03-12 20:08:00| Climate Ark Climate Change & Global Warming Newsfeed

CBC: Our species has just reached a new high. The average temperature in the northern hemisphere reached two degrees Celsius above normal for the first time on March 3 a milestone long held to be a dangerous level of warming. In fact, the Paris Agreement on the environment adopted by 195 countries in December works to limit global warming to less than two degrees Celsius. While media outlets like Democracy Now, the Boston Globe and Slate acknowledged the milestone, most mainstream outlets paid little...

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India: Green Nod For 900 Projects In 20 Months, Says Prakash Javadekar

2016-03-12 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

NDTV: Environmental clearance has been given to 900 projects worth Rs 6 lakh crore in the last 20 months, Union Minister Prakash Javadekar said today, seeking to counter criticism that several projects have been bogged down due to lack of green nod. Asserting that environmental clearance should not be a "roadblock" for development, Mr Javadekar said that every effort should be made to safeguard the environment and also ensure that development projects do not suffer any delay. "In the last 20 months,...

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China must further purge energy sector of Zhou scandal "poison", former top official says

2016-03-11 13:32:23| Oil & Gas - Topix.net

China needs to further purge its oil industry of the "poison" of disgraced security chief Zhou Yongkang to ensure healthy development that lets the sector compete internationally, a former top energy executive said on Friday. Zhou was jailed for life for corruption last year in one of the country's most dramatic graft scandals since the 1949 revolution.

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China must further purge energy sector of Zhou scandal "poison", former top official says

2016-03-11 12:32:35| Energy - Topix.net

China needs to further purge its oil industry of the "poison" of disgraced security chief Zhou Yongkang to ensure healthy development that lets the sector compete internationally, a former top energy executive said on Friday. Zhou was jailed for life for corruption last year in one of the country's most dramatic graft scandals since the 1949 revolution.

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