| Sourced From Guardian.co.uk |
The carbon dioxide emissions caused by the destruction of tropical forests have been significantly overestimated, according to a new study. The work could undermine attempts to pay poor countries to protect forests as a cost-effective way to tackle global warming.
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Posted on November 5, 2009
· in UK
| Sourced From Domain-b.com |
The Rudd government’s scheme for carbon trading scheme has come in for criticism from mining giant Rio Tinto for its prohibitive price tag. Under the scheme the mining company may have to close some of its long-life coalmines around 2020 and cost the company A$2.9 billion over the next decade.
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Posted on April 18, 2009
· in Australasia
| Sourced From Kentuky.com |
WASHINGTON — The Environmental Protection Agency on Friday formally declared carbon dioxide and five other heat-trapping gases to be pollutants that endanger public health and welfare, setting in motion a process that will lead to the regulation of the gases for the first time in the United States.
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Posted on April 18, 2009
· in USA
FRANKFURT (Reuters) – The German state subsidy that pays owners of old cars 2,500 euros to scrap their clunkers if they buy a new car in exchange is giving the domestic market a boost while helping to cut carbon dioxide (CO2) emissions.
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Posted on March 28, 2009
· in Europe
| Sourced From The Mainichi Daily News|
Despite the clouds hanging over the Japanese economy, there is one silver lining: The drop in industrial activity will cause national carbon dioxide emissions to move closer to their Kyoto Protocol targets, according to a Tokyo-based energy research institute.
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Posted on January 17, 2009
· in Asia
A lot of pressure recently came upon carmakers in Europe to produce cars with greater fuel efficiency and lower CO2 emissions. And several of them are now struggling to cope up with the new EU laws.

In the midst of all this, British government’s advisor Richard Parry-Jones, who’s also a Vice President at Ford Motors, revealed that cars account for around 10% of the man-made carbon dioxide emissions, whereas transportation overall results in 23% of the emissions. The bulk, he said, is the ‘gift’ of power plants, domestic heating and business operations. But he still advocated carmakers should do more to cut emissions.
“For every passenger kilometer traveled in an average car in the UK today, about 130g/km is emitted, compared with about 100g/km for an average bus and 80g/km for an average train,” said Parry-Jones. “If motoring is to be made sustainable, the figure for cars must be cut to about 30g/km, but we will have the technology to achieve that by 2050.”
Posted on September 3, 2008
· in Carbon Market News