LONDON (Reuters) – Computer simulations of the weather workings of the entire planet will be able to make forecasts to within a few kilometers accuracy, helping predict the effects of deadly weather systems.
But the world may have to wait 20 to 40 years’ for such accurate information on weather events like El Nino as computer capacity grows, a senior British scientist said Thursday.
LONDON (Reuters) – A record rise in global greenhouse emissions and ever tighter economic constraints make it crucial for United Nations climate talks in South Africa in November to overcome years of deadlock and deliver a solution, the U.N.’s climate chief told Reuters.
Nearly two decades of U.N. climate change negotiations have so far failed to find a new binding approach to curbing the release of climate-warming gases.
LONDON (Reuters) – Global concern about climate change has risen only very slightly over the past two years, as consumers have focused on more immediate economic worries, according to an opinion poll published on Sunday.
Nielsen’s latest global online environment and sustainability survey showed that 69 percent of 25,000 Internet users in 51 countries were concerned about climate change in 2011, slightly up from 66 percent in a similar poll in 2009, but down from 72 percent in 2007.
LONDON (Reuters) – A double dip recession in Europe could drive European Union carbon permit prices below 10 euros (8.80 pounds) for a prolonged period, Barclays Capital analysts said in a research note on Thursday.
“A deep second recession in Europe would cause EUA prices to fall further, certainly below 10 euros a tonne, and stay lower for longer, in our view,” the analysts said.
LONDON (Reuters) – Agricultural methods need to be radically overhauled to ensure food production rises to meet increasing demand but that water resources are not depleted further by doing so, research showed on Monday.
A radical overhaul of agriculture could create farms that enhance, rather than degrade, the world’s ecosystems, said a report led by the United Nations’ Environment Programme and the International Water Management Institute (IWMI).
LONDON (Reuters) – Global economy woes which have gripped financial markets have made raising capital difficult again for some environmental technology firms, according to Vivek Tandon, co-founder of London-based Aloe Private Equity.
London-based Aloe Private Equity has 175 million euros ($253 million) of assets under management and now has three funds. Its investment portfolio includes 11 firms, mainly in the energy efficiency, renewable energy and recycling sectors.
LONDON (Reuters) – A sector-wide cap-and-trade scheme is the best way to cut carbon dioxide emissions in the global shipping sector, the UK Chamber of Shipping said on Wednesday, as opposed to joining the European Union’s emissions trading scheme (EU ETS).
The sector accounts for over 3 percent of man-made CO2 emissions. It has widely opposed entering the EU ETS, arguing that ships will try and avoid paying for carbon permits by re-fuelling in non-EU ports.
LONDON (Reuters) – Markets in water rights are likely to evolve as a rising population leads to shortages and climate change causes drought and famine.
But they will be based on regional and ethical trading practices and will differ from the bulk of commodity trade.
LONDON (Reuters) – Markets in water rights are likely to evolve as rising population leads to shortages and climate change causes drought and famine.
But they will based on regional and ethical trading practices and will differ from the bulk of commodity trade.
LONDON (Reuters) – Carbon offsets neared all-time lows Friday, confirming their status as the world’s worst performing commodity, as slumping demand meets rising supply of the U.N. instrument traded under the Kyoto Protocol.
A worsening global economic outlook has dented prices for emissions permits which depend on a robust economy belching greenhouse gases into the air, and has also impacted oil, grains, coal and natural gas.