environment correspondent
Alister's Feed
Jun 2, 2011

Poor nations urged to reform to win climate funds

OSLO (Reuters) – Many developing nations are missing out on a surge in investments in clean energy and need to cut red tape and agree new rules to attract funds to help fight climate change, a U.N. finance guidebook said on Thursday.

Clean energy sector investments worldwide grew 30 percent in 2010 from 2009 to a record $243 billion but 90 percent went to members of the Group of 20 — leading industrialized nations and big emerging economies led by China and India.

Jun 2, 2011

Climate action faces legal gap, no deal this year

LONDON/OSLO (Reuters) – The world will again fall short of a full climate deal this year, after two past attempts, say developed countries which want a narrower focus on forests and funds at resumed U.N. talks next week.

A fresh postponement will all but end hopes of a binding U.N. deal to succeed the Kyoto Protocol before its present round expires at the end of 2012, leaving a legal gap and possible makeshift arrangements for years.

Jun 1, 2011

Rich nations say on track with $30 billion climate aid

OSLO/LONDON (Reuters) – Earthquake-hit Japan and many other rich nations are reaffirming pledges to give $30 billion from 2010-12 to help poor nations fight climate change despite budget cuts, a Reuters survey showed on Wednesday.

Climate aid has totaled $16.2 billion since January 2010, according to submissions to the United Nations by a May deadline. Poor nations have said much of the cash is from existing programs and is not new as promised.

May 30, 2011

Analysis: German nuclear exit plan won’t draw many imitators

OSLO (Reuters) – A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad even though safety worries after Japan’s Fukushima accident have dimmed nuclear industry hopes of a renaissance, experts say.

Chancellor Angela Merkel’s phase-out plan risks boosting greenhouse gas emissions by aiding fossil fuel producers despite her assurances of a renewed drive to promote greener energies such as wind and solar power, they said.

May 30, 2011

German nuclear exit plan won’t draw many imitators

OSLO (Reuters) – A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad even though safety worries after Japan’s Fukushima accident have dimmed nuclear industry hopes of a renaissance, experts say.

Chancellor Angela Merkel’s phase-out plan risks boosting greenhouse gas emissions by aiding fossil fuel producers despite her assurances of a renewed drive to promote greener energies such as wind and solar power, they said.

May 26, 2011

Venice may be less at risk from seas than feared

OSLO (Reuters) – Venice may be less at risk than feared from rising sea levels because damaging storm surges are likely to get less frequent this century as a side-effect of climate change, an expert said on Thursday.

Shifts in storm patterns in the Adriatic Sea could be a local impact of global warming, and this could offset higher sea levels in a city whose St Mark’s Square and other historic areas are often flooded.

May 25, 2011

U.N. climate panel sets one-week deadline to fix errors

OSLO (Reuters) – The U.N. committee of climate scientists will fix any future errors “within a week or so,” its head said on Wednesday, after coming under fire last year for bungling a forecast of when Himalayan glaciers would thaw.

“I think we now have a firm procedure by which we are going to deal with errors, or alleged errors,” Rajendra Pachauri told Reuters during a visit to Oslo, referring to a set of reforms agreed at a meeting in Abu Dhabi on May 17.

May 25, 2011

Bonds could aid shift to green economy: OECD

OSLO (Reuters) – Green bonds could raise hundreds of billions of dollars a year to spur a shift to cleaner economic growth if governments set strong environmental goals such as for slowing climate change, the OECD said on Wednesday.

In a review of efforts to promote greener growth, it urged more innovation to favor investments in clean energies such as wind or solar power and a drive to place more value on everything from public health to clean water.

May 24, 2011

Norway plans billion-dollar clean energy for poor

OSLO (Reuters) – Norway wants to channel billions of dollars to renewable energies in developing nations, building on a scheme to protect tropical forests to which Oslo has been the biggest donor, officials said.

With cash to spare as the world’s number six oil exporter, Norway wants governments and private investors to join a plan it calls Energy+ to promote green energies such as solar or wind power to combat climate change.

May 24, 2011

Norway plans billion-dollar clean energy initiative for poor

OSLO (Reuters) – Norway wants to channel billions of dollars to renewable energies in developing nations, building on a scheme to protect tropical forests to which Oslo has been the biggest donor, officials said.

With cash to spare as the world’s number six oil exporter, Norway wants governments and private investors to join a plan it calls Energy+ to promote green energies such as solar or wind power to combat climate change.