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.
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 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.
The UK needs to take prompt action to reform its energy market to stave off power cuts, rising energy bills and achieve climate change target, says regulator.
The UK Government released figures yesterday confirming that greenhouse gas emissions fell 1.9% in 2008 and will far exceed targets set by the Kyoto Protocol.
A number of new marine energy projects are getting underway in the UK and elsewhere around the globe.
US President Barack Obama’s budget request for next year, despite having to deal with a deficit of $1.3 trillion, will boost investment in energy efficiency and nuclear power.