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... emerging EPA regulations on air quality and water for coal-fired power plants could result in over 50,000 MW of coal plant retirements and require an investment of up to $180 billion for remaining plants to comply with the likely mandates.
Both those numbers go up substantially -- retirements by 11-12 GW and needed investment by $30-50 billion -- if EPA requires cooling towers in addition to smokestack scrubbers. (This is consistent with the FBR Capital Markets report, which finds a total of up to 70,000 MW of coal on the line.)
By 2020, the authors say, coal plant closures will reduce coal demand by about 15 percent, increase natural gas demand by about 10 percent, and (assuming the coal is replaced by gas) reduce CO2 emissions by 150 million tons.
The EU would be acting in its own economic interest if it raised its 2020 CO2 reduction target to 30%, says a European Parliament resolution approved on (last) Thursday, which also highlights forest protection and climate aid commitments to developing countries as critical areas for progress in upcoming international talks in Cancún, Mexico.
In the US Northwest states, 53 percent of our CO2 emissions from fossil fuels stem from transportation uses including commute traffic, freight, and planes. Our transportation sector produces more than three times as much climate pollution as electricity production does.
When we're looking at how to reduce our climate-changing emissions, we must look at how to reduce emissions in this sector.
Consumers are finding it hard to buy fuel-efficient vehicles because car makers are burying CO2 figures for their models online, report claims
The United States pledged Thursday to cut its greenhouse gas emissions by 17 percent by 2020 from 2005 levels under an international climate agreement, though it made its commitment contingent on passing legislation at home.
The European Union officially communicated its target to cut CO2 emissions by 20 per cent by 2020 compared to 1990 levels, with an option to raise the offer to 30 per cent if other nations make comparable efforts, the European Commission said on Thursday. The long-forecast pledge, part of EU policy since 2008, had to be confirmed to the United Nations by February 1 - a deadline set by the Copenhagen Accord signed at the UN-sponsored climate change conference hosted by the Danish capital in December.
Offers on the table ahead of the Copenhagen climate change talks are only "a few billion tonnes" short of the scale of annual CO2 emission cuts required to meet 2020 environment targets, Lord Stern said today.
He acknowledged there was a "significant way to go" but insisted: "It is possible to get there."
"The anti-flying group Plane Stupid made this video of polar bears falling from the sky to graphically demonstrate how much carbon is dumped into the atmosphere when you fly. "
"The Chinese prime minister, Wen Jiabao, will attend the Copenhagen climate talks next month, the government said today, as it unveiled firm targets for curbing the world's biggest carbon footprint for the first time.
A day after the US president, Barack Obama, confirmed he would attend the early stages of the conference, the Chinese foreign ministry spokesman, Qin Gang, said Wen would join the gathering, which aims to set a global strategy for reducing emissions.
China announced that it would cut emissions of carbon relative to economic growth by 40% to 45% by 2020 compared with 2005 levels."
"European environment ministers have agreed to cut global emissions by 10 percent from planes and 20 percent from ships. "
"The Government has been accused of exaggerating Britain's success in fighting climate change by presenting "misleading" figures on carbon emissions.\n\nSir Michael Scholar, chairman of the UK Statistics Authority, said that presentation of data by the Department of Energy and Climate Change was "unsatisfactory". "
"U.S. companies could save tens of billions of dollars by investing in efforts to combat deforestation in developing nations instead of cleaning up their own domestic carbon dioxide emissions, according to a report released Wednesday."
"In the lead-up to the UN climate negotiations in Copenhagen, the latest information on the level and growth of CO2 emissions, their source and geographic distribution will be essential to lay the foundation for a global agreement. To provide input to and support for the UN process the IEA is making available -- both earlier and for free download -- the Highlights version of CO2 Emissions from Fuel Combustion. "
"Unexpectedly rapid increases in the acidity of the Arctic Ocean, affecting the Arctic food chain, reported Sunday are part of a larger problem of acidification in the most fertile regions in the global oceans. Carbon dioxide emissions from fossil fuel burning have raised atmospheric CO2 levels, increasing the acidity of the oceans because CO2 reacts with water to form carbonic acid.
Approximately 1/3 of all CO2 emissions to date have been taken up by the oceans, raising the acidity of the water. Because cold water takes up more CO2 than warm water, cold nutrient rich polar regions and tropical and temperate upwelling regions that support most of the ocean's biological activity are acidifying fastest. Cold, acidic waters, will dissolve the shells of sensitive marine organisms, breaking the food chain, in the most fertile, oxygen generating, areas of the oceans"
The Stockholm Congestion Charging System, created by IBM has significantly improved access to the Swedish capital by halving queuing times on access roads to the city in the mornings. \n\nCity traffic is down by 18% and CO2 emissions in the inner city have been cut by between 14 and 18 percent. These are the results of the latest study on the system by the Stockholm City Traffic authorities.
A new campaign called 10:10 UK was launched today with the aim of signing up people, companies and organizations who will commit to reducing their carbon footprint 10% by 2010. The founder of this ambitious project is Franny Armstrong who also happens to be the Director of the new climate change film, The Age of Stupid.
The Swiss government proposed on Wednesday a cut in carbon dioxide emissions of 20 percent by 2020 from 1990 levels, or a cut of up to 30 percent if a global climate pact is agreed in Copenhagen later this year.
The world's largest emitter will draw up new laws and regulations to provide a legal basis for combating climate change. A Chinese draft resolution on climate change, which has been submitted to the Standing Committee of the National People's Congress (NPC), proposes to include emissions control by law.
The world's 100 largest companies are failing to meet scientific recommendations on cutting CO2 emissions to contain global warming, a new study released Tuesday warned.
"We are facing a Carbon Chasm," said the study by the Carbon Disclosure Project (CDP), an independent organisation based in London.
"To cut emissions in developed economies by the required 80 percent by 2050, we need to see a minimum annual global reduction rate of 3.9 percent" per year, it said.
"However analysis of reduction targets from the Global 100 companies shows they are currently on track for an annual reduction of just 1.9 percent" per year.
Interactive maps that detail carbon dioxide emissions from fossil fuel combustion are now available on the popular Google Earth platform. The maps, funded by NASA and the U.S. Department of Energy through the joint North American Carbon Program, can display fossil fuel emissions by the hour, geographic region, and fuel type.
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