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CLIMATE CHANGE

Investors demand action on risks posed by climate change

9:13 AM MDT | April 17, 2015 | Michael Ravenscroft

Measures being implemented around the world to address climate change by reducing emissions of greenhouse gases (GHG) could lead to falling demand for fossil fuels, thereby have a negative effect the value of oil and gas companies, according to Ceres (Boston...


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Germany's greenhouse gas emissions fall YOY for first time in three years

Greenhouse gas (GHG) emissions in Germany in 2014 fell in comparison with those in the previous period for the first time in three years, the federal environment ministry (UBA) reports. Emissions decreased by more than 41 million m.t. of carbon dioxide...

European Council ready to negotiate with parliament over market stability reserve

The presidency of the European Council, the institution of the heads of state or government of the member states of the European Union, currently held by Latvia, has a mandate to start negotiations with the European Parliament on the establishment and...

German chemical trade union calls for "accelerated decision-making" in energy policies

Michael Vassiliadis, chairman of German trade union IG BCE (Hanover), which represents workers in the mining, chemical, and energy sectors, has called on the federal government to accelerate the decision-making process in regard to future energy policies. The...

IEA: Energy-related carbon dioxide emissions stalled in 2014

Global emissions of carbon dioxide (CO2) from the energy sector stalled in 2014, marking the first time in 40 years in which there was a halt or reduction in emissions of the greenhouse gas (GHG) that was not tied to an economic downturn, according to...

Dow to buy 200 MW/year of wind power for Freeport facility

Dow Chemical has signed a long-term agreement under which its Freeport, TX, manufacturing facility will receive 200 MW/year of electricity from a wind farm located in south Texas. The 35,000-acre wind farm is being developed by a subsidiary of Bordas Wind Energy, which plans to bring it online in the first quarter of 2016....

Europe agrees on climate protection goals for Paris conference

The European Union’s environment ministers have today agreed to the planned contributions of the European Union and its member states for the new climate protection agreement to be signed in Paris in December. The EU and its member state want to reduce...

EEA environment report 2015: some success and benefits, but "huge challenges" remain

The European Environment Agency (EEA; Copenhagen) has just published The European Environment—State and Outlook 2015; synthesis report, which synthesizes the information resulting from four decades of implementation of a well-defined and ambitious EU...

European Commission sets out blueprint for tackling climate change post-2020

The European Commission has outlined Europe’s vision for the global climate change agreement to be adopted at the climate summit to be held in Paris in December. The commission announced the vision, “The Paris Protocol—a blueprint for...

Mixed responses to reform of European emissions trading system

The European Union’s emissions trading system (EU ETS) allows businesses to purchase permits for carbon dioxide emissions. The current glut of allowances on the market has caused the price of permits to drop to €7–€8 ($8–9) per...

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