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A set-aside for the EU ETS?

Interest in the EU Emissions Trading System (ETS) is high at the moment in the European Parliament. MEPs are being asked to support a key amendment to the proposed Energy Efficiency Directive which will see the removal (set aside) of a substantial...

Posted February 10, 2012    

Science, risk management or just politics?

An opinion piece that appeared in the Wall Street Journal (Europe) on Tuesday (a few days earlier in the USA) presented the views of sixteen scientists on the issue of climate change under the heading “No Need to Panic About Global Warming“....

Posted February 3, 2012    

A Surprising Call From The Investment Community

A recent Reuters article reported from a UN session on climate risk and energy solutions: UNITED NATIONS, Jan 12 (Reuters) – Institutional investors with a collective $26 trillion under management opened a new front on Thursday in the fight...

Posted January 20, 2012    

2 Steps Forward, 1 Step Back on Carbon Pricing

2011 turned out to be a busy year for the development of carbon pricing. Long the cornerstone of EU climate policy, the approach continues to find favour with governments focused on the issue of managing emissions, rather than those trying...

Posted January 17, 2012    

A Year of Weather Extremes?

Through 2010 and 2011 in particular, weather extremes seemed to dominate the headlines. Extreme drought, rainfall, flood and wind all played a role in making the period one of the most expensive in terms of damage to infrastructure. In some...

Posted January 16, 2012    

A Tweet to Change the World

Anyone who followed COP 17 in Durban would have noticed that the UNFCCC and its Executive Secretary, Christiana Figueres, are active Tweeters. But one Tweet in particular opens up a key issue facing the UNFCCC – what exactly is its remit? The Tweet...

Posted December 23, 2011    

Durban - Success, Failure or . . . . ?

After two busy weeks, the Durban COP was extended by a full day and then went well into a second, with long nights of negotiation along the way. Eventually a deal emerged which has polarized both the media and blogsphere between being the salvation...

Posted December 16, 2011    

A “Catch 22″ to be Delivered From Durban?

One of the key potential deliverables from Durban is an operational Green Climate Fund (GCF). This is one of the important components of the pledge to channel up to $100 billion per annum by 2020 to developing countries for mitigation and adaptation...

Posted December 6, 2011    

What Could COP 17 in Durban Achieve?

As delegates start negotiations in Durban, the major issues of the Kyoto Protocol and a “Roadmap to 2020” are dominating the news wires. The big picture story is very important, but in the meantime nations need to use this meeting to make real...

Posted December 1, 2011    

Can Global Emissions Be Reduced At All?

With delegates, energy / environment  Ministers, business representatives and NGO leaders arriving in Durban for COP 17, attention again turns to the pressing issue of actually reducing global emissions. The latest UNFCCC conference comes...

Posted November 25, 2011    

Success Slipping Away?

Earlier this year I looked at the prospects for the USA meeting its 2020 declaration to reduce greenhouse gas emissions by 17% by 2020, relative to a 2005 baseline. Success at least looked feasible, driven by three significant factors:The reduction...

Posted November 18, 2011    

A Carbon Price for Australia - Finally!!

Depending on your take on events the toll has been as high as two Prime Ministers and one Leader of the Opposition, but Australia now has a carbon pricing mechanism operating in the economy (I say “now” in that even though it doesn’t formally start...

Posted November 9, 2011