carbon emissions News

World Falling Behind in Race to Cut Carbon Emissions: Study

The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals from the United States and China, a study showed on Wednesday. A Climate Action Tracker compiled by scientists said the …

Montreal Protocol Shows the Way for Action on Climate Change

A new deal to curb carbon emissions could copy features from the Montreal Protocol, which the United States and China favored over its Kyoto counterpart in an agreement on greenhouse gases at the weekend. The 1987 Montreal agreement bans chemicals …

Despair after Climate Conference Inaction, but UN Still Offers Hope

At the end of another lavishly-funded U.N. conference that yielded no progress on curbing greenhouse emissions, many of those most concerned about climate change are close to despair. As thousands of delegates checked out of their air-conditioned hotel rooms in …

EU’s Debt Crisis Saps its Ability to Lead Climate Change Debate

The EU’s debt crisis has sapped its ability to lead the way in global climate talks, which began in Doha on Monday, and to build on a fragile victory it clinched a year ago. The European Union is one of …

Global Investors Call for Action on Serious Climate Danger

A coalition of the world’s largest investors called on governments on Tuesday to ramp up action on climate change and boost clean-energy investment or risk trillions of dollars in investments and disruption to economies. In an open letter, the alliance …

Study Suggests China’s CO2 Emissions Could be Greater than Thought

China’s carbon emissions could be nearly 20 percent higher than previously thought, a new analysis of official Chinese data showed on Sunday, suggesting the pace of global climate change could be even faster than currently predicted. China has already overtaken …

EU Countries ‘Dithering’ over Climate Change Fund

EU nations are dithering over how to fill a multi-billion-euro fund to help tackle climate change, just as the region’s executive body hosts talks with countries likely to bear the brunt of extreme weather. The European Union recommitted to providing …

Munich Re Describes Climate Conference Results as ‘Disappointing’

From Munich Re’s perspective, the recently concluded climate summit in Durban “yielded disappointing results that fail to reflect the world climate’s dramatic situation.” Prof. Peter Höppe, head of Geo Risks Research at Munich Re, stated: “Durban has had the effect …

Reuters Analyst Warns World Must Keep Focus on Climate Risk

Gerard Wynn, a Reuters market analyst, has expressed his own views on the necessity of continuing to deal with the challenges presented by extreme weather and its global impact. Rising temperatures are driving more frequent bouts of extreme weather which …

Va. Supreme Court: Insurer Not Liable For Claims From Global Warming

The Virginia Supreme Court has ruled in favor of an insurance company in a closely watched legal case involving global warming. The high court ruled that Steadfast Insurance Co., which provided commercial general liability (CGL) coverage for energy company AES …