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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. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. Green Climate Fund.

Climate 294
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ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

While the semiconductor equipment maker’s CEO has since ruled out a total departure from the Netherlands, a Reuters review of Dutch blue chip firms has shown that ASML is far from the only one considering its options. “You’d need two hands to count them.”

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

Green Car Congress

Although most countries have already revealed their opening emissions reduction proposals, UNFCCC Executive Secretary Yvo de Boer pointed out Thursday that “ we still await clarity from industrialized nations on the provision of large-scale finance to developing countries for immediate and long-term climate action. by Jack Rosebro.

Climate 236
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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

Green Car Congress

A significant price on CO 2 emissions to encourage investment in the green economy. International climate negotiations can only go so far. A strong move towards a green economy and global equity is central to the debate. The Green Climate Fund set up in Cancun marked one way in achieving this.

Emissions 210
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US House Members Introduce Bipartisan Disapproval Resolution to Block EPA Regulation of GHG; Mirrors Murkowski Resolution

Green Car Congress

Under the Congressional Review Act of 1996 (CRA), Congress has 60 legislative days to review a major rule under expedited legislative procedures and consider a resolution to disapprove of the rulemaking. The resulting set of new standards will cover model years 2012-2016, and will require an average fuel economy standard of 35.5

EPA 191
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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

Green Car Congress

Markey of the Energy and Environment Subcommittee on Tuesday released a draft of far-reaching energy and climate legislation that targets job creation, promotes renewables and energy efficiency, and places limits on emissions of greenhouse gases. Waxman of the Energy and Commerce Committee and Chairman Edward J. Transportation Efficiency.

Climate 186
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. This scenario would ensure that Germany meets its climate targets, Siemens said. Click to enlarge. However, the financial cost of the shift is causing concern.

Germany 239