Carbon Risk and the Fossil Fuel Industry
As calls for ambitious climate action intensify, questions arise concerning the resilience of the fossil fuel industry in a world ever more inclined to favour climate protection. This article will attempt to assess the extent of present risks and show how the strength of debate can affect practices and strategy employed by companies in this sector.
COP21: What Are the Odds for Success?
Since Copenhagen, negotiations have been in stalemate. Progress can only be made if there is a significant attempt to create a transnational carbon market.
The Economic Opportunities and Constraints of Green Growth: The Case of South Korea
The Green Growth Policy in South Korea has symbolized a paradigm shift to cope with climate change, fossil fuel depletion, and global economic recession. The emerging paradigm stands to create new engines for economic growth through green technology and clean energy. The government recently unveiled the Roadmap of Green Energy Strategy 2011 (2011-2030) that aims to position Korea as a world leader in the green energy industry.
What's in a Name? Market-based Instruments for Biodiversity
The use of Market-based Instruments (MBIs) for the management of biodiversity and ecosystem services - carbon trading schemes, payment for ecosystem services, mitigation banking, etc. - is currently booming. But the definition and underpinning theory of these tools remain unsettled. It is therefore necessary to advance in the definition, theory and consistent classification of these instruments.
EU GHG Emission Targets: "Mind the gap"
While the actual price of carbon emissions in the EU market is at the extremely low level of €6 per tonne, it is crucial to track European emission trends and to compare them with the commitments of the EU-15 under the Kyoto Protocol and the targets set by the EU-27 for 2020.
The Electric Vehicle in the Climate Change Race: Tortoise, Hare or Both?
Europe is seeking ways to decrease the growing negative impact of passenger cars on climate, currently responsible for up to 12% of total EU CO2 emissions. After biofuels in the nineties and hydrogen in 2000, the new answer to climate change appears to be electric. But contrary to many marketing messages, electric cars are not zero emissions cars. They will not necessarily contribute to actual CO2 emission reductions before 2020 and even then, not in every country.
2020 And Beyond: 2050 in light of the Copenhagen Accord
At the end of the Copenhagen Conference of December 2009, the attending parties failed to agree on a legally binding commitment, but ultimately signed the Copenhagen Accord. The countries signing this accord took different engagements in respect to their economic and emissions status.
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