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

Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). existing climate change.

Climate 294
article thumbnail

Alberta CCEMC providing $46M for carbon capture and storage and cleaner energy projects in oil sands region

Green Car Congress

Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. The projects have a combined value of more than $327 million (US$321 million).

Oil-Sands 225
article thumbnail

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

Green Car Congress

“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

Climate 236
article thumbnail

Federal Task Force Concludes CCS is Viable, But Carbon Price Is Critical; Sends Recommendations to President Obama on Fostering the Technology

Green Car Congress

The lack of comprehensive climate change legislation is the key barrier to CCS deployment. It addresses the incentives for CCS adoption and any financial, economic, technological, legal, institutional, or other barriers to deployment.

Obama 225
article thumbnail

Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

If it were legal to deliver rescued migrants to Libya, it would be as cheap as sending rescue boats a few extra kilometers south instead of east. Meanwhile, legal scholars and civil-society groups are asking whether a hands-off border can really keep Europe’s hands clean. Following Spain’s SIVE experience, in 2011.

Europe 143
article thumbnail

New Joint Research Centre Reference Report sets out options for reducing emissions from shipping

Green Car Congress

The legal position on shipping emissions. The report analyses how the introduction of market-based policies, such as a GHG Emission Trading Scheme (ETS) for the shipping sector at international level, could be used. Resources.

Emissions 199