Plans for two major wind power developments have been given the go ahead to move forward in Argentina and the US.
Renewable power generation around the world will grow by more than 40% over the next five years, according to a report from the International Energy Agency.
Australia yesterday brought in a price on carbon emissions, with the country’s largest emitters initially liable for AUS$23 (€19) per ton of CO2 emitted.
Japan yesterday kicked off a new era in renewable energy with feed-in tariffs for solar power, as well as other renewables, that are expected to turn the country into one of the world’s biggest markets.
Despite securing more than 100 commitments and actions on sustainable energy, Rio+20 has been dubbed a failure by environmental groups.
The draft text outlined on the opening days of the Rio+20 Summit in Brazil has “gaping holes”, according to environmental group Friends of the Earth.
The world’s largest multilateral development banks, including the Asian Development Bank and the World Bank, are pledging to provide $175 billion over the next ten years to support sustainable transport in the developing world.
The United Nations Environment Programme (UNEP) is launching a new initiative to promote efficient use of energy, water and other resources in the world’s cities as Rio+20 gets underway in Brazil.
A group of international political and business leaders including former UK Prime Minister Tony Blair have published an open letter calling for coordinated action to save the climate and the economy.
New technologies could transform the global energy system, reducing carbon emissions, increasing energy security and generating a huge investment return, says the International Energy Agency.