Remove 2010 Remove Climate Change Remove Industrial Remove South Africa
article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

article thumbnail

Indo-US task force to study HFC phase-down

Green Car Congress

Reifsnyder, in New Delhi, along with members of industry and civil society groups to discuss the HFC issue. HFCs are chemicals are potential substitutes for ozone-depleting and climate-warming CFCs and HCFCs currently being phased out under the Montreal Protocol treaty to protect the ozone layer.

article thumbnail

UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

Green Car Congress

Climate and the Ozone Layer. HFCs are, along with CO 2 , methane and other gases, controlled under the UN’s Framework Convention for Combating Climate Change and its Kyoto Protocol. 36% of new domestic refrigerators and approximately 25% of new industrial air conditioners). HFCs: A Critical Link in Protecting.

Climate 287
article thumbnail

Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Green Car Congress

The accord calls for action to hold mean warming of the Earth’s surface to no more than 2 ºC above pre-industrial levels, but does not define reductions in greenhouse gases that might be employed to achieve that goal. The relative valuation of potential emissions offsets (e.g.

Climate 236
article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% by Jack Rosebro. ” [ 1 ].

Climate 236
article thumbnail

PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. —Leo Johnson, Partner, Sustainability and Climate Change, PwC. —Jonathan Grant, director, sustainability and climate change, PwC. a year from now to 2050. —PwC report.