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RUSAL opens new low-carbon aluminum smelter in Taishet

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The smelter operates on clean energy from Siberian hydroelectric power plants, which together with modern gas cleaning equipment and a closed water circulation system, has a low level impact on the environment. Approximately one quarter of production will serve the domestic Russian market. billion, creating more than 1,000 local jobs.

Carbon 186
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Shipping industry, Oxfam and WWF call on COP 17 delegates to provide IMO with clear guidance on reducing shipping GHG emissions; potential for contributing to Green Climate Fund

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This includes the possibility of the adoption by IMO of a compensation mechanism through which a significant share of any revenues collected from international shipping could be directed to developing countries and provide a new source of finance to support their efforts to tackle climate change.

Climate 218
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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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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

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A new report from the UN Environment Programme (UNEP) projects that by 2050, hydrofluorocarbons (HFCs) could be responsible for emissions equivalent to 3.5 The contribution of HFCs to climate forcing is currently less than 1% of all greenhouse gases. Climate and the Ozone Layer. Source: UNEP. Click to enlarge.

Climate 287
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Elements of the Cancun Agreements

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The UN Climate Change Conference in Cancun, Mexico, ended on Saturday with the adoption of a package of decisions that set all governments more firmly on the path towards a low-emissions future and support enhanced action on climate change in the developing world, according to the UN Environment Programme.

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Global billionaires unite in “Breakthrough energy coalition” to support development of zero-carbon energy

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As the UN climate conference COP21 opened in Paris, Bill Gates announced the formation of the “ Breakthrough energy coalition ”, an investment grouping of global billionaires focused on developing the technologies that will create a new zero-carbon energy mix. Tom Steyer, Businessman, Philanthropist, and President, NextGen Climate, US.

Energy 150
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion) and South Africa ($5.5 As in previous years, the market in 2014 was dominated by record investments in solar and wind, which accounted for 92% of overall investment in renewable power and fuels.

2014 150