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Recent Trends in Climate Change Indicators

About every eight or nine months the MIT Joint Program on the Science and Policy of Global Change holds a forum where it shares its latest research with the program sponsors and invitees from a variety of academic institutions and government....

Posted June 20, 2013    

Climate Change and the Energy World Map

The world is not on track to meet the target agreed by governments to limit the long term rise in the average global temperature to 2 degrees Celsius (°C).International Energy Agency, June 2013The International Energy Agency (IEA) is well known for...

Posted June 17, 2013    

Can a Second Global Carbon Market Emerge?

At the very end of May Carbon Expo was held in Barcelona. It was an excellent event, overall attendance was good and there were still quite a few exhibitors at the Expo hoping for life in the project mechanism market of the current “global...

Posted June 10, 2013    

Climate Change and The Burning Question

There are many books and thousands of reports on climate change, carbon economics, energy transformation and the like, but few encapsulate the issue as well as a recently released book by Mike Berners-Lee and Duncan Clark, The Burning Question....

Posted June 3, 2013    

Climate Change Policy: Should Ambition Always be First?

At an event in Brussels earlier this week the EU Commission shared some initial thinking with business and NGOs on the consultation they have launched with regards the EU international position on climate change as we head towards COP 21 in France...

Posted May 25, 2013    

Climate Change: Looking at 400 ppm and Beyond

The first full day of 400+ ppm CO2 as recorded at Mauna Loa in Hawaii last week produced an outpouring of sentiment and grief from many, but the news has seemingly passed. Unfortunately, the arrival of such a day had become inevitable. Since the...

Posted May 18, 2013    

Collecting and Spending Carbon Emissions Revenue

Whether it is via the auction of allowances or the taxation of carbon emissions, climate policy is increasingly being seen as a source of revenue into the national treasury. For example, the Australian carbon pricing mechanism will raise several...

Posted May 10, 2013    

Climate Change and the Carbon Bubble Reality Check

In recent months there has been a renewed look at the idea of a financial carbon bubble, or unburnable carbon reserves. Most recently, a report from The Carbon Tracker with a forward by Lord Stern of the Grantham Research Institute on Climate...

Posted May 3, 2013    

EU Parliament Voted No, So Now What for the Emissions Trading System?

As is well known by now, the EU MEPs voted against the specific backloading proposal that was put before the Parliament. However, the Parliament also voted against the outright rejection of the proposal, which means that the Parliament...

Posted April 20, 2013    

Top 10 Reasons to “Backload” EU Emissions Trading System

After a day in Brussels listening to European MEPs, it is clear that the Parliament vote next week on the Commission proposal to backload the auctioning timeline in Phase III of the European Emissions Trading System (EU ETS), is going to be...

Posted April 12, 2013    

On Energy and Climate Change Issues, Mixed Messages

The Easter break provided a good opportunity to catch up on some recent climate stories, but the current messages delivered by the various media and other outlets vary enormously with a bewildering array of assertions and counter claims.The...

Posted April 7, 2013    

Global Carbon Market Possible through Existing Climate Change Framework?

Back in the middle of last year, UNFCCC Executive Secretary Christiana Figueres tweeted:Are you up to date with #climatechange acronyms? What is EASD? NMM? FVA? WEMA?The answer is Equitable Access to Sustainable Development, New Market Mechanisms,...

Posted March 30, 2013