Posts Tagged ‘climate change’

Paris climate talks: What can be expected from COP21 (Part 3 of 3)

Europe, the US and China have all submitted their plans to the UN ahead of the Paris talks, detailing greenhouse gas emissions reduction targets and measures to achieve them.

While the big players are getting serious on emissions reductions, there are still potential sticking points in the negotiations.

Read the rest of this entry »

Paris climate talks: China and the US hold the keys (Part 2 of 3)

So what’s changed in the six years since Copenhagen? A lot, it turns out.

The world has moved on from outmoded country definitions of “developing” which grouped fast-developing economies like China alongside much poorer nations including many of those in Africa, Asia and Latin America.

There is now a much wider acceptance among governments that everyone has to pull their weight, while respecting common but differentiated responsibilities and respective capabilities. Governments have crossed the battle lines and are looking for workable solutions, instead of fighting over who’s to blame, the World Bank said in May.

Read the rest of this entry »

Paris climate talks: Why this time is different (Part 1 of 3)

Heads of state and senior diplomats from almost 200 countries are set to gather in Paris in December to agree for the first time a fully comprehensive global climate protection deal. They have failed many times before, so why should they succeed this time?

The answer is because almost everything has changed: the climate science is more certain; governments are more confident on the need for action; climate denial is on the way out in most countries; the financial markets are paying attention to carbon risk; evidence is showing that emissions and economic growth can successfully be decoupled; the cost of renewable energy is falling; and several of the major oil and gas companies are calling for a global carbon price.

Read the rest of this entry »

Natural gas becalmed as wind blows ahead in European power

Roll over Chicago, welcome to Europe: the Windy Continent.

In just 10 years’ time, wind is forecast to overtake natural gas as the biggest single power generation source by installed capacity in Europe.

Read the rest of this entry »

Holy Carbon: Does the Pope’s view matter in the fight against climate change?

Pope Francis is set to weigh in on the climate change debate in what has already caused a considerable buzz in the media, by equal measure prompting cheers from the green lobby and irritation among climate skeptics, even before the message has been released.

Read the rest of this entry »

Warming weather in California exposes vulnerabilities of wind power

Is it the first signs of a serious problem for wind power generation?

Data shows a significant drop-off of wind power sales in California due to warm weather, which caused a drop in wind velocities. Is it possible that wind farms that so many believe will help mitigate the warming of a changing climate will instead be impaired by that very same warming?

Read the rest of this entry »

UK election kicks off an uncertain period for energy investors

The UK’s general election kicked off Monday with the official closure of parliament, heralding 38 days of campaigning ahead of the May 7 vote. With clear policy differences between the parties and the polls too-close-to-call, energy investors could be set for an uncertain year ahead.

Read the rest of this entry »

Why polar bears are doing better than you think

Last year Greenpeace campaigners in the UK paraded a giant polar bear puppet the size of a double-decker bus through the streets of Westminster to protest against planned drilling in the Arctic. This year the polar bears made it into the Houses of Parliament, as a Canadian professor told a meeting there Wednesday night that the animals are not as endangered as many think.

Read the rest of this entry »

“Look out for the flags,” former Anglo boss warns miners

Most small mining companies are not in a position to look beyond funding the next stage of their project or trying to find a strategic partner. But a recent presentation at the Hong Kong Mines and Money conference gave an insight into how large mining companies take a much longer-term view, and how they consider all kinds of eventualities that could impact their business.

British-born Clem Sunter was CEO of Anglo American’s successful gold and uranium businesses in South Africa, and became the company’s expert in “scenario planning.” He and co-author Chantell Illbury penned a book on the subject, entitled Mind of a Fox, which became a best-seller in the wake of 9/11.

Read the rest of this entry »

Cow burps foul the air more than natural gas

So, two cows were walking away from their buddies in the herd down in the vale. They did not want to be seen or heard by the herd’s owner, Farmer Brown.

After they had strolled about a mile away, the first cow asked, “Do you think the boss heard us leave?

“With all the burping by the other ladies, the boss couldn’t hear a tractor with a busted muffler go by him,” the second cow said.

The US Environmental Protection Agency said burps from large ruminant animals, such as cows, pigs and sheep, were the largest source of methane emissions in 2012, beating out the natural gas industry. Contrary to popular opinion, these animals emit methane from their mouths, not their anuses.

Read the rest of this entry »