China has announced it will reintroduce import tariffs of 6% a tonne on thermal coal used to generate electricity and a 3% a tonne on metallurgical coal used to smelt iron. The tariffs are not new but a return to those that were in place when China first began to … [continued]
A new report from information firm Thomson Reuters predicts the European carbon price is expected to rise over the next decade, increasing to an average of €23 per tonne between 2021 and 2030. The report, which analysed European energy and climate policy, concludes that stricter regulations imposed as a result of … [continued]
Australia’s brand new second-hand Prime Minister, Kevin Rudd, has just taken bold action to prevent the nation’s fixed carbon price from being scrapped by the opposition. He has done this by scrapping it himself. No longer will Australians be haunted by the spectre of a carbon price potentially high enough … [continued]
With roughly 18 months until launch, South Korea appears on the path to launch the world’s most ambitious cap and trade market, with the highest global price on carbon.
The government is still finalizing system design, set to launch in January 2015, but it could ultimately cover 70% of national emissions and reach $90 per ton of carbon.
Reposted from Climate Progress: Tuesday is the confirmation hearing date for Energy Secretary nominee Ernest Moniz. The MIT professor will face the Senate Energy and Natural Resources committee (webcast here starts at 10 am ET). I have known Moniz for 30 years. Turns out he was my professor for advanced electromagnetism in 1982. Then I worked … [continued]
Reposted from RenewEconomy: By Sophie Vorrath A carbon price of between $50 and $100 per tonne would make Australia’s coal- and gas-fired electricity less economical than renewable electricity, according to a new study out of the University of New South Wales. A peer-reviewed paper being published by a research group at the UNSW … [continued]
Connie Hedegaard, the European Commissioner for Climate Action in the European Commission since February 2010, gave a great keynote speech at the World Future Energy Summit (part of Abu Dhabi Sustainability Week) a few days ago. Below are two videos of her speech and a text summary of the key points … [continued]
The Australian Minister for Climate Change has reported that the intensity of the country’s electricity generation emissions has fallen since the introduction of the carbon price in July. Greg Combet, the Minister for Climate Change and Energy Efficiency, revealed that “in the first three months of the carbon price, … [continued]
I’ve had this one on my list for a long time. Finally got around to making the video […]
There’s been a bit of chatter this week about the US leading the world in CO2 emissions reductions. David Roberts of Grist has a great piece on why almost nobody is talking about it, which includes how and why it’s happening. One of our readers (who I hadn’t met … [continued]
