environment correspondent
Alister's Feed
Jun 1, 2015

U.N. climate deal in Paris may be graveyard for 2C goal

BONN/WASHINGTON, June 1 (Reuters) – The U.N.’s Paris climate
conference, designed to reach a plan for curbing global warming,
may instead become the graveyard for its defining goal: to stop
temperatures rising more than 2 degrees Celsius above
pre-industrial levels.

Achieving the 2C (3.6 Fahrenheit) target has been the
driving force for climate negotiators and scientists, who say it
is the limit beyond which the world will suffer ever worsening
floods, droughts, storms and rising seas.

May 31, 2015

Bonn U.N. talks seek to trim unwieldy climate change plan

OSLO (Reuters) – Governments will try on Monday to streamline an 89-page draft text of a U.N. deal to fight climate change due to be agreed in Paris in December, hoping to avoid the acrimony of the last failed attempt.

The 190-nation talks among senior officials in Bonn, from June 1-11, will try to narrow down vastly differing options, ranging from promises to slash greenhouse gas emissions to zero by 2050 to vague pledges to curb rising emissions.

May 31, 2015

Bonn U.N. talks seek to trim unwieldy climate change plan

OSLO (Reuters) – Governments will try on Monday to streamline an 89-page draft text of a U.N. deal to fight climate change due to be agreed in Paris in December, hoping to avoid the acrimony of the last failed attempt.

The 190-nation talks among senior officials in Bonn, from June 1-11, will try to narrow down vastly differing options, ranging from promises to slash greenhouse gas emissions to zero by 2050 to vague pledges to curb rising emissions.

May 28, 2015

Norway oil fund may have to sell shares in up to 75 firms in coal ban

OSLO, May 28 (Reuters) – Norway’s $900 billion wealth fund
may have to sell its stakes in up to 75 companies once new rules
for limiting coal investments go into effect in a radical shift
meant to lessen the impact of climate change, officials said on
Thursday.

Parliament’s finance committee agreed a cross-party deal on
Wednesday that the fund, which owns about 1.3 percent of listed
companies globally, should sell stakes in firms that generate
more than 30 percent of their output or revenues from
coal-related activities.

May 21, 2015

Top EU companies urge drastic cuts in greenhouse gas emissions

PARIS (Reuters) – Top European companies urged governments on Thursday to set a goal of slashing greenhouse gas emissions to net zero well before 2100, saying that going green can bring profits rather than costs.

Business leaders from global and European alliances of companies including Unilever, Total and Saint-Gobain also called for a global price on carbon emissions and a phase-out of fossil fuel subsidies.

May 21, 2015

Statkraft testing solar in four nations including India, in shift from hydro

PARIS (Reuters) – Statkraft, Europe’s biggest generator of renewable energy, is running small tests of solar power in four countries to see the potential to diversify from hydro and wind power, chief executive Christian Rynning-Toennesen said.

The Norwegian state-run firm, whose energy portfolio is about 97 percent based on renewables, is testing solar in Britain, Germany, Turkey and India, as part of efforts to promote clean energy and slow climate change, he told Reuters.

May 21, 2015

Rich world should help countries like India cut pollution – Glencore chairman

PARIS (Reuters) – Rich countries should help developing countries like India limit their carbon emissions by supporting the building of more expensive but cleaner energy plants, Glencore chairman Tony Hayward said on Thursday.

Hayward said that India, where hundreds of millions of people have no access to electricity, is about to build 200 gigawatts of coal-fired power plants, all using conventional technology instead of the less polluting but more expensive supercritical coal-fired plants.

May 21, 2015

Rich world should help emerging countries cut pollution: Glencore chairman

PARIS (Reuters) – Rich countries should help developing countries like India limit their carbon emissions by supporting the building of more expensive but cleaner energy plants, Glencore chairman Tony Hayward said on Thursday.

Hayward said that India, where hundreds of millions of people have no access to electricity, is about to build 200 gigawatts of coal-fired power plants, all using conventional technology instead of the less polluting but more expensive supercritical coal-fired plants.

May 20, 2015

Top energy firms tied to almost a third of greenhouse gases -study

PARIS, May 20 (Reuters) – Thirty-two energy companies led by
Russia’s Gazprom account for almost a third of all
man-made greenhouse gas emissions if the burning of all the
coal, oil and gas they produce is taken into account, a study
said on Wednesday.

Total emissions linked to the companies rose 1.3 percent
from 2010-13, despite efforts for curbs, according to the report
by information provider Thomson Reuters and BSD Consulting, a
global sustainability consultancy.

May 20, 2015

France’s Hollande concerned about slow progress in climate talks

PARIS, May 20 (Reuters) – French President Francois Hollande
said he was worried about a lack of progress towards a United
Nations climate deal in Paris in December and called on the
financial sector to decarbonise its investment portfolios.

Hollande said that only 37 of 196 U.N. member states had so
far submitted plans to the United Nations outlining their
actions to slow global warming beyond 2020. The plans are meant
to be the building blocks for a deal in Paris.