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Environmental Markets & Commodity Reports

New Paper proposes cost-effective climate policy

London, 3 July 2013

A new paper, published today by the Global Warming Policy Foundation, proposes a radical new climate policy approach that offers to be the most cost-effective means of curbing CO2 emissions, while automatically adjusting the stringency of the policy to the severity of the problem.

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Renewables to surpass gas by 2016 in the global power mix

New York, 26 June 2013

Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from gas and be twice that from nuclear by 2016, the International Energy Agency (IEA) said today in its second annual Medium-Term Renewable Energy Market Report (MTRMR). According to the MTRMR, despite a difficult economic context, renewable power is expected to increase by 40% in the next five years. Renewables are now the fastest-growing power generation sector and will make up almost a quarter of the global power mix by 2018, up from an estimated 20% in 2011. The share of non-hydro sources such as wind, solar, bioenergy and geothermal in total power generation will double, reaching 8% by 2018, up from 4% in 2011 and just 2% in 2006.

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Getting the carbon out of emissions

Cambridge, MA; June 2013

Many researchers around the world are seeking ways to “scrub” carbon dioxide (CO2) from the emissions of fossil-fuel power plants as a way of curbing the gas that is considered most responsible for global climate change. But most such systems rely on complex plumbing to divert the steam used to drive the turbines that generate power in these plants, and such systems are not practical as retrofits to existing plants. Now, researchers at MIT have come up with a scrubbing system for carbon dioxide that requires no steam connection, can operate at lower temperatures, and would essentially be a “plug-and-play” solution that could be added relatively easily to any existing power plant.

Read more: Getting the carbon out of emissions

Global Trends in Renewable Energy Investment 2013

London, 12 June 2013

Global Trends in Renewable Energy Investment 2013 is the sixth edition of the United Nations Environment Programme (UNEP) report. Based on data from Bloomberg New Energy Finance, it has become the world’s foremost reference document for renewable energy investment statistics, and for the examination of trends by region, country, sector and investment type.

Read more: Global Trends in Renewable Energy Investment 2013

Redrawing the Energy-Climate Map: IEA

Paris, 10 June 2013

Governments have decided collectively that the world needs to limit the average global temperature increase to no more than 2 °C and international negotiations are engaged to that end. Yet any resulting agreement will not emerge before 2015 and new legal obligations will not begin before 2020. Meanwhile, despite many countries taking new actions, the world is drifting further and further from the track it needs to follow.

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Launch of the MENA Renewables Status Report

London, 4 June 2013

Download the MENA Renewables Status Report: The MENA Renewables Status Report, released today by the International Renewable Energy Agency (IRENA), REN21, and the United Arab Emirates, reveals massive growth in the renewable energy markets of the Middle East and North Africa (MENA).

Read more: Launch of the MENA Renewables Status Report

The rise of carbon markets: Report

Washington DC, 3 June 2013

Today, the International Emissions Trading Association (IETA) and Environmental Defense Fund (EDF) released The World’s Carbon Markets: A case study guide to Emissions Trading, a collaborative series of case studies examining carbon market development around the globe.

Read more: The rise of carbon markets: Report

Carbon Market Challenges & Opportunities

London, 29 May 2013

Short-term intervention in the EU Emissions Trading Scheme is essential, say nine out of ten members of leading carbon association. IETA members would overwhelmingly support intervention by the European Commission in the EU Emissions Trading System (ETS) within 12 months to improve the functioning of the market from its current record lows.

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A ‘Lost Decade’ of EU Climate Policy: Report

London, May 2013

European policymakers must urgently send a clear policy signal to power sector investors, or risk a 'lost decade' in which the European economy fails to reduce carbon emissions and piles up costs for future delayed reductions. This is the key conclusion of a major new EURELECTRIC study: Power Choices Reloaded.

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CO2 level crosses milestone at Hawaii site

Washington, May 2013

The amount of climate-warming carbon dioxide in the atmosphere topped 400 parts per million at a key observing station in Hawaii for the first time since measurement began in 1958, the National Oceanic and Atmospheric Administration said on Friday. To many scientists, crossing the 400 ppm threshold, which means that there are 400 molecules of carbon dioxide for every million molecules in the air, is a bit like the Dow Jones Industrial Average rising above 15,000 points.

Read more: CO2 level crosses milestone at Hawaii site