SINGAPORE (Reuters) – Australia is the world’s top 2coal exporter, relies on coal to generate more than 80 percent of its power, transports most goods by road and cars clog its cities.
Still, one of the world’s top per-capita emitters of planet-warming carbon pollution is determined to cut its emissions, even as a growing population and booming economy make achieving this a major challenge.
SINGAPORE (Reuters) – Australia’s new leader should ramp up renewable energy use and enshrine tougher energy efficiency standards to fight global warming, leading climate scientists said on Tuesday, describing them as easy policy wins.
Australia has struggled to get support for an emissions trading scheme that would put a price on carbon pollution from industry, such as the refining, minerals and mining sectors.
SINGAPORE, June 28 (Reuters) – Nearly 70 percent of
clean-energy project developers in India believe there will be
a post-2012 successor to the U.N.’s Kyoto Protocol climate pact
with binding emissions targets, according to a poll.
And nearly 60 percent expect markets in the United States,
Japan and Australia will accept tradeable carbon offsets from
their projects, the poll by Emergent Ventures India (EVI) said.
SINGAPORE (Reuters) – Indonesia needs to quickly settle rules for deciding what is degraded land and spell out how much is available to palm oil and timber firms in order to strengthen investment certainty, an environmental expert says.
Such a move would also boost a $1-billion climate deal signed last month by Indonesia and Norway.
SINGAPORE (Reuters) – The most profitable projects under a U.N. carbon offset scheme may have claimed excessive emissions cuts and the amount issued to them could be adjusted, the head of a panel that governs the scheme said on Tuesday.
The $2.7 billion scheme under the Kyoto Protocol allows developing countries to claim carbon offsets for emissions cuts, and sell these to polluting companies in the developed world.
SINGAPORE/NEW DELHI (Reuters) – Developers of Indian clean-energy projects have winnowed down a stockpile of U.N.-backed carbon offsets, but are in no rush to sell the remainder as they hold out for higher prices.
Industry sources put the outstanding stockpile at up to 10 million tonnes, equivalent to about a month’s issuance under a U.N. scheme that rewards firms for cutting greenhouse gas output by allowing them to sell the saved emissions.
SINGAPORE (Reuters) – Scientists have begun drilling ice cores at a shrinking tropical glacier in Indonesia to collect data on climate change, and hope their findings could lead to better predictions about crucial monsoon rains.
The team led by alpine glaciologist Lonnie Thompson of Ohio State University is drilling near the summit of 4,884-metre (16,000-foot) Puncak Jaya on Indonesia’s part of New Guinea island.
SINGAPORE (Reuters) – Increased melting of glaciers and snow in the Himalayas and Tibetan Plateau threatens the food security of millions of people in Asia, a study shows, with Pakistan likely to be among the nations hardest hit.
A team of scientists in Holland studied the impacts of climate change on five major Asian rivers on which about 1.4 billion people, roughly a fifth of humanity, depend for water to drink and to irrigate crops.
SINGAPORE (Reuters) – White-gloved hands carefully pack azure blue solar cells at a vast new S$2.6 billion ($1.85 billion) plant that Singapore persuaded Norway’s Renewable Energy Corp to build in the city state.
The plant is the world’s largest of its type making solar wafers, cells and panels that harness the sun’s energy.
SINGAPORE, May 20 (Reuters) – Clean-energy project
developer Sindicatum Carbon Capital hopes to launch a private
equity placement worth $100 million by next month ahead of
listing shares in the company, the group CEO said on Thursday.
Singapore-based Sindicatum has 28 projects in China, India,
Southeast Asia and the United States that aim to cut greenhouse
gas emissions. The group has a total of $310 million to invest,
including a fund of more than $200 million.