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

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The following governments agreed to continue or initiate action in support of one or more of these recommendations by the next Clean Energy Ministerial: Australia, Canada, France, Germany, Japan, Mexico, Norway, Republic of Korea, South Africa, the United Arab Emirates, the United States and the United Kingdom.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

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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. future agreements.

Climate 294
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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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Climate change presents major long-term risks to the global economy and to the assets in which we invest. Comprehensive energy and climate change policies that accelerate the deployment of energy efficiency, cleaner energy, renewable energy, green buildings, clean vehicles and fuels, and low- carbon transportation infrastructure.

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

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. All agreements would be legally binding, and would be subject to independent verification. The relative valuation of potential emissions offsets (e.g.

Climate 236
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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July, 2008 : The Australian government published the Garnaut Report, a comprehensive study of the effects of climate change on the country’s economy ( earlier post ). Given that China’s economy is still growing, such a strategy is unlikely to result in year-to-year emissions reductions for several decades. Earlier post.).

Climate 236
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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.

Africa 221