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APEC To Slash Emissions By 2050; China Big Winner Singapore (AFP) Nov 6, 2009 
Asia-Pacific powers including the United States, China and Russia are expected to call next week for sweeping cuts in greenhouse gas emissions on the final countdown to a crunch climate meeting. US President Barack Obama and 20 other regional leaders will also say it is too early to wean their economies off stimulus spending, according to a draft summit communique obtained by AFP on Friday. ... read moreClimate finance hits snag before key UN summit 
St Andrews, Scotland (AFP) Nov 8, 2009The G20 talked big but delivered little on climate finance, campaigners said Sunday, as the clock ticks down to the UN's key Copenhagen summit in just one month's time. One of the key talking points on Saturday for finance ministers meeting in the Scottish town of St Andrews had been working out how to deliver cash from rich to developing countries so they can tackle climate change. ... more
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China's Africa investments under harsh spotlight
Beijing (AFP) Nov 6, 2009As Chinese firms pour billions of dollars into mining, energy and infrastructure deals in Africa, Beijing is turning a blind eye to rogue regimes that stand to reap the benefits, observers say. Guinea's military rulers are the latest on the continent to receive a pledge of a massive infusion of Chinese cash -- at least seven billion dollars over five years in the mining sector from China Inv ... more ADB: Asia-Pacific energy needs trillions 
Tokyo (UPI) Nov 5, 2009 The Asia-Pacific region needs to invest between $7 trillion and $9.7 trillion in the energy sector between 2005 and 2030 to meet the rapidly growing demand for energy, according to a report by the Asian Development Bank. Regional energy demand is projected to grow 2.4 percent annually over the next 20 years, outpacing the world average of 1.5 percent, states the ADB report, "Energy Outl ... more EU parliamentary nod for free emissions permits 
Brussels (AFP) Nov 4, 2009The European Parliament's environment committee on Wednesday approved a list of 164 industrial sectors that will win free carbon emissions permits for the next five years if no global deal on climate change is negotiated next month. Members of the powerful committee voted 39 for and 19 against, with one abstention, the parliament said. A European Union action plan adopted in December ... more Brazil blackouts result of cyber hacking: report 
Washington (AFP) Nov 6, 2009Massive power outages in Brazil in 2005 and 2007 that impacted millions were caused by cyber hackers attacking control systems, the US television network CBS said Sunday. The CBS news program 60 Minutes said it had learned that the 2007 blackout in Espirito Santo State, which affected over three million people, and a smaller incident in Rio de Janeiro in 2005, were perpetrated by hackers. ... more |
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Governor Signs Clean Energy Bill
Boston MA (SPX) Nov 04, 2009Governor Deval Patrick has signed the Green Communities Act, a comprehensive energy reform bill resulting from close collaboration with House Speaker Salvatore DiMasi, who filed the bill in 2007, and Senate President Therese Murray, who led the Senate to pass its version in January. "Massachusetts has taken a giant step forward toward a clean energy future," said Governor Deval Patrick ... more Climate: Minutes to midnight in countdown to Copenhagen 
Paris (AFP) Oct 31, 2009Some 180 countries kick off five days of climate talks in Barcelona Monday, the last UN session before the December conference tasked with beating back the planetary threat of global warming. But two years of negotiations set in motion by the so-called Bali Action Plan have fallen terribly short, failing to bridge a rift between rich and poor nations on how to share out the twin burdens of ... more Good Q3 results for Europe's energy firms 
London (UPI) Oct 28, 2009 Several European energy companies have released third-quarter results, with the trend after some dire months pointing upward. The strongest performance in Europe was given by Danish wind turbine maker Vestas. The world's biggest wind company announced a forecast-beating 70-percent rise in third-quarter net profits, citing rising sales of its wind power systems. Randers-based ... more China's rising foreign energy acquisitions 
Beijing (UPI) Oct 27, 2009 China's role in the global energy market is on the rise, with its purchase of oil and gas supplies worldwide totaling an estimated $15 billion so far this year, double the amount of 2008, National Public Radio reported Tuesday. In early October Russia agreed to sell about 2.5 trillion cubic feet of natural gas annually to China. That's almost the same amount that Russia sells to Europe ... more |
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