Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry
U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming.The announcements…
U.S. Ingenuity Will Solve Climate Challenge: US DOE
The United States can tackle threats to the climate through technological advances as fossil fuels will remain a priority for the U.S. government and business, the assistant secretary for fossil energy said on Tuesday.The world should look to the United States' ability to reduce its emissions…
India to Raise Funds for Clean Energy Programs
India's cabinet on Wednesday approved a proposal to raise over $350 million from a bond sale to fund its renewable energy development schemes in a bid to achieve its ambitious clean energy goals. Prime Minister Narendra Modi has set a target of raising India's…
Coal: India's Energy Mainstay for Next 30 Years
Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world's third-largest coal producer and the third-biggest greenhouse gas emitter.
France's Hollande Tells Trump to Respect Climate Deal
French President Francois Hollande urged U.S. President-elect Donald Trump on Tuesday to respect a global agreement to limit climate change, saying the deal was irreversible and inaction on global warming would be disastrous. Hollande told a U.N. conference on climate change in Marrakesh…
Russia at Odds with Chinese, US Push for Fast Approval of Climate Pact
Russia set itself at odds with a drive by China and the United States for rapid ratification of a global agreement to slow climate change when a senior official said on Wednesday that Moscow first wanted a clear set of rules. Negotiating a detailed rule book…
China, France Seek Five-year Reviews of UN Climate Deal
China and France agreed on Monday to push for long-term monitoring of a U.N. accord to combat climate change due in Paris next month by reviewing cuts in greenhouse gas emissions every five years. Chinese President Xi Jinping agreed the timetable with summit host French President Francois Hollande…
Oil Bleeds Jobs to Renewables Sector
Global oil sector has cut 200,000 jobs in downturn. Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades.
OPEC Nations Plan to Join UN Climate Drive
OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do so before a U.N. summit in December in a sign of widening participation even by oil producers. More than 150…
China Wants CO2 Emissions Curbed Earlier
China will try to curb its carbon emissions before a 2030 target, its prime minister said during a visit to Paris where he announced the world's biggest greenhouse gas emitter's contribution to United Nations climate talks. "China's carbon dioxide emission…
U.S. Could Make Cllimate Fund Pledge
The United States may make a major contribution to a fund in November that would help poor countries prepare for and combat climate change, said the foreign minister of Peru, the country hosting a crucial round of climate negotiations in December. Peruvian Foreign Minister Gonzalo Gutierrez said U.S.
China Embraces Carbon Pricing and UN Takes a Shine to Plan
At the UN's Climate Summit this week a diverse group of global leaders, from World Bank president Jim Yong Kim to California Governor Jerry Brown, spoke of the need for polluters to pay for each ton of carbon they emit. More than 1,000 companies pledged their support for the effort.
Japan, Mexico Sign Carbon Trade Deal
Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement. The program, known as the Joint Crediting Mechanism (JCM), lets companies in Japan…
Japan, Mexico Sign Carbon Trade Deal
Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement. The program known as the Joint Crediting Mechanism (JCM), lets companies in Japan…
China's Emitters Meet Targets Amid Falling Prices
Nearly every carbon emitter covered by China's largest pilot emissions scheme met Tuesday's compliance deadline, a government official said, as permit prices slipped to an all-time low amid ample supply and with no last-minute scramble for allowances. The Guangdong…
U.S. GHGas down by 10 % - EPA
U.S. greenhouse gas emissions fell nearly 10 percent from 2005 to 2012, more than halfway toward the United States' 2020 target pledged at United Nations climate talks, according to the latest national emissions inventory. The report showed that emissions dropped 3.4 percent from 2012 to 2011…
