The main U.N.-appointed panel that regulates supply of global carbon offsets could this week decide whether to approve rules that would lead to the award of millions of CO2 credits to coal-fired power stations in …
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U.N. to rule on carbon offsets from coal plants
European Slump Leads Utilities To Burn More Coal
Europe’s economic slump is allowing utilities in some countries to burn increasing amounts of cheap, highly polluting coal for electricity generation and still meet legally binding targets to cut carbon dioxide emissions, Reuters research shows.…
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Hundreds of climate activists and anti-cuts protesters disrupt UK energy summit
Yesterday hundreds of protesters from climate and anti-cuts groups across the country teamed up to block the UK Energy Summit in the City of London. At least 300 protesters targeted all of the main entrances …
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Nasa scientist: climate change is a moral issue on a par with slavery
Averting the worst consequences of human-induced climate change is a “great moral issue” on a par with slavery, according to the leading Nasa climate scientist Prof Jim Hansen. He argues that storing up expensive and …
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London Stock Exchange – occupied by coal
New analysis from Carbon Tracker shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing …
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Is Europe’s carbon trading scheme merely hot air?
Using “the market” as a means to absolutely reduce global greenhouse gas emissions has long been criticised as “pie in the sky” (and not a particularly clean pie at that). Now, in order to “prop …
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Cheap and green energy for miners
It may seem somewhat audacious for a company with a market value of $16 million to propose a world-leading energy project nearly one hundred times its value. But, says Petratherm managing director Terry Kallis, if …
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Who needs coal? Who needs nuclear?
It seems to be a “Hobson’s choice” par excellence! As global climate change talks continued in Durban, South Africa’s leadership was faced with a “conundrum” – does the country continue burning-up the world by depending …
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UK secretly helping Canada push its oil sands project
The UK government has been giving secret support at the very highest levels to Canada’s campaign against European penalties on its highly polluting tar sands fuel, the Guardian can reveal.
At the same time, the …
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Mining companies hold back progress on climate change
The world’s biggest steel producer, ArcelorMittal, and global miner, BHP Billiton, are among companies “block[ing] progress on climate legislation”, while they “ensure that fossil fuel and nuclear subsidies continue to give unfair advantage to …
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New reports question World Bank’s coal investments
As the climate talks in South Africa approached, the World Bank continued to be overshadowed by past and prospective loans for fossil-fuel power plants.
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