The EU’s Emissions Trading Scheme is failing to deliver much needed investment in low carbon technologies, says a report from UK MPs.
The world’s wind power capacity grew by nearly a third in 2009, taking total installations to 157.9 GW with China leading the way, according to the Global Wind Energy Council.
Twelve local communities around the UK have been awarded up to £500,000 to install green technologies, while another nine local councils are working with the Government on carbon emission plans.
Earlier this week, US President Barack Obama confirmed new initiatives to drive biofuels and clean coal, including an updated a renewable fuels standard increasing the amount used for transportation.
After a year of negotiations, the EU has finally agreed to use allowances from the region’s emissions trading scheme worth €6 billion to support carbon capture and storage demonstration and renewable energy projects.
The United Nations Framework Convention on Climate Change Secretariat has confirmed that 55 nations have pledged to cut greenhouse gas emissions under the Copenhagen Accord.
The US city of Seattle is introducing new rules to help identify and target energy inefficient buildings as part of plans to reduce energy consumption by 20%.
The US Administration is taking steps to boost the development of biofuels and clean coal.
The north east of England launched a bid yesterday to become a hub for the development of carbon capture and storage.
A number of new marine energy projects are getting underway in the UK and elsewhere around the globe.