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Energy ministers agree to help speed up global deployment of carbon capture and storage

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Energy Ministers from around the world have agreed to proposals to help speed up the global deployment of carbon capture and storage. At a meeting in the United Arab Emirates, Ministers at the Clean Energy Ministerial endorsed recommendations from the Carbon Capture, Use and Storage (CCUS) Action Group chaired by Australia and the UK.

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Developing Countries Torpedo Plans for Cutting Carbon Emissions from Ships

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The NGO Transport & Environment (T&E) reports that developing countries, led by China, India, Brazil, South Africa and Saudi Arabia, have blocked what would have been the first global agreement to cut carbon emissions from ships.

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Summary of decisions from Durban climate conference

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Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. as possible, but not later than 2015.

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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

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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.

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

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afforestation, avoided deforestation, carbon capture and storage, energy efficiency measures, renewable energy generation) would be established. All agreements would be legally binding, and would be subject to independent verification. The relative valuation of potential emissions offsets (e.g.

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

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May, 2007 : An international team of researchers concluded that the ability of the Southern Ocean to absorb carbon dioxide had slowed by about 15% per decade since 1981 ( earlier post ), and projected that at the present rate of deterioration, it will have lost two-thirds of its ability to store carbon by 2050.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Emerging economies in Africa can gain significant long-term economic value by quickly setting up projects that support the low-carbon transition with transparent governance frameworks. This is three times cheaper than what a similar plant in the US would cost. —Ashish Sethia, global head of commodities at BNEF.

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