Browsing All posts tagged under »Low Carbon Economy«

EU’s Low carbon road map published

April 28, 2011 by

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The European Commission recently published its road map for moving to a competitive low carbon economy in 2050. This roadmap is a non binding target aimed at an 80 to 95 percent reduction (compared to 1990 levels) in the emission by 2050. The key points raised in the report are summarized below; The commission anticipates […]

Brazil and India are leaders in Decarbonizing their economies

December 10, 2010 by

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Brazil and India, key members of the BRIC block are the leaders in the worldwide action toward reducing the CO2 emissions in relation to economic activity. By reducing the emission intensity of their economies, these countries are becoming more suited to continue developing at high growth rates in the carbon-constrained world. The GHG emissions of […]

RGGI Auction – Results

December 10, 2010 by

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The 10th auction under the Regional Greenhouse Gas Initiative (RGGI) was held on December 1st. Some statistics from this auction are 1. More than 24 million allowances from the 2009-2011 compliance period were sold for $1.86 each. 2. 38 entities participated for these current compliance period allowances. 3. The entities subject to RGGI compliance purchased […]

Mandatory carbon reporting – UK Businesses view

December 7, 2010 by

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Leading business houses across the United Kingdom have requested the government to introduce mandatory carbon reporting for large companies by 2012.  A group “The Aldersgate Group” comprising of businesses, NGOs, politicians and academics have made their request in an open letter to Environment Secretary -it has been published in the Financial Times on 26 November. […]