LONDON, Oct 27 (Reuters) – Several new companies are betting
on the little-known pongamia pinnata tree as a biodiesel
feedstock that does not hurt food production, but a decade or
more of research and development is still needed to determine
its value as a commercial crop.

Pongamia pinnata, also known as millettia pinnata, is native
to Australia, India and parts of southeast Asia. Its oil has so
far been used in medicines, lubricants and oil lamps.

LONDON (Reuters) – Global temperature rise could exceed “safe” levels of two degrees Celsius in some parts of the world in many of our lifetimes if greenhouse gas emissions continue to increase, two research papers published in the journal Nature warned.

“Certain levels of climate change are very likely within the lifetimes of many people living now … unless emissions of greenhouse gases are substantially reduced in the coming decades,” said a study on Sunday by academics at the English universities of Reading and Oxford, the UK’s Met Office Hadley Centre and the Victoria University of Wellington, New Zealand.

LONDON (Reuters) – Global temperature rise could exceed “safe” levels of two degrees Celsius in some parts of the world in many of our lifetimes if greenhouse gas emissions continue to increase, two research papers published in the journal Nature warned.

“Certain levels of climate change are very likely within the lifetimes of many people living now … unless emissions of greenhouse gases are substantially reduced in the coming decades,” said a study on Sunday by academics at the English universities of Reading and Oxford, the UK’s Met Office Hadley Center and the Victoria University of Wellington, New Zealand.

LONDON/JOHANNESBURG, Oct 21 (Reuters) – A U.N. committee has
completed the draft design of a fund to help developing
countries tackle climate change, paving the way for its launch
in 2013, the U.N.’s climate chief said on Friday.

Last year, countries agreed to create the ‘Green Climate
Fund’ to channel up to $100 billion a year by 2020 to help
developing countries fight climate change.

LONDON (Reuters) – A U.N. committee has completed the draft design of a fund to help developing countries tackle climate change, paving the way for its launch in 2013, the U.N.’s climate chief said on Friday.

Last year, countries agreed to create the ‘Green Climate Fund’ to channel up to $100 billion a year by 2020 to developing countries to help fight climate change.

LONDON (Reuters) – A U.N. committee has completed the draft design of a fund to help developing countries tackle climate change, paving the way for its launch in 2013, the U.N.’s climate chief said on Friday.

Last year, countries agreed to create the ‘Green Climate Fund’ to channel up to $100 billion a year by 2020 to developing countries to help fight climate change.

LONDON, Oct 21 (Reuters) – A U.N. committee has completed
the draft design of a fund to help developing countries tackle
climate change, paving the way for its launch in 2013, the
U.N.’s climate chief said on Friday.

Last year, countries agreed to create the ‘Green Climate
Fund’ to channel up to $100 billion a year by 2020 to developing
countries to help fight climate change.

LONDON (Reuters) – Britain proposed to more than double financial support for its nascent marine energy industry on Thursday as well as provide additional subsidies for biomass generation, while cutting rates for more mature technologies such as wind and hydro power.

The policy changes lifted share prices at biomass developer Drax as high as nearly 16 percent, while prompting utility Centrica to say it would put two offshore wind projects under review.

LONDON, Oct 20 (Reuters) – Britain gave a boost to its
nascent marine energy industry on Thursday by proposing to more
than double support levels for the technology, while more mature
onshore wind and hydro power technologies received a rate cut,
the government said.

“Where new technologies desperately need help to reach the
market, such as wave and tidal, we’re increasing support. But
where market costs have come down or will come down, we’re
reducing the subsidy,” said Energy and Climate Change Secretary
Chris Huhne.

BRUSSELS/LONDON (Reuters) – European Union spot carbon permits face regulation alongside other financial instruments under proposed laws published on Thursday as the EU Commission seeks to bolster a market shaken by fraud and oversupply.

The EU Commission has proposed that spot carbon permits should be classified as financial instruments, adding to futures, forwards and options which are already covered by financial market rules (MiFID).