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Kyoto Protocol to continue past 2012: UN climate chief

Source Name: 
Economic Times
Source Url: 
http://economictimes.indiatimes.com/articleshow/6519025.cms?prtpage=1

As hopes for any deal on global warming dims at the Cancun meet later this year, UN climate chief Christiana Figueres today made it clear that the Kyoto Protocol will continue post 2012 as a second protocol since it does not have a "sunset" clause. 

"Yes, it (Kyoto Protocol) will continue to exist as a second protocol because it does not have a sunset clause. It does not end," said Figueres, newly-appointed executive secretary of the UN Framework Convention on Climate Change (UNFCCC).

Author: Anonymous

Carbon credit prices shoot up after probe constricts supply

Source Name: 
Business Standard
Source Url: 
http://www.business-standard.com/india/news/carbon-credit-prices-shootafter-probe-constricts-supply/407315/

Market pricing becomes uncertain after UN probe into data laundering.

Prices of carbon credit certificates on the European climate exchange have risen after the regulator disallowed credits from greenhouse gas HFC-23 from a number of projects. Credits from such projects account for around 10 per cent of total carbon emission certificates (CERs).

Prices of CERs have gone up by 17 per cent. A similar increase has been seen in European certificates.

Author: Anonymous

Rich countries may pay $10 bn this year: UN climate chief

Source Name: 
Sify Finance
Source Url: 
http://sify.com/finance/rich-countries-may-pay-10-bn-this-year-un-climate-chief-news-default-kjisOcghega.html

Rich countries are likely to live up to their commitment to pay $10 billion this year to combat climate change, the UN's new climate panel chief said here Wednesday.

Christiana Figueres, from Costa Rica who took over as head of the UN Framework Convention on Climate Change (UNFCCC) this July, said she expected rich countries to also indicate the 'sourcing of $30 billion' that they committed during the last climate summit in Copenhagen.

Author: Anonymous

First high-resolution maps of carbon trapped in tropical forests revealed

Source Name: 
India Talks - http://www.indiatalkies.com/2010/09/highresolution-maps-carbon-trapped-tropical-forests-revealed.html
Source Url: 
http://www.indiatalkies.com/2010/09/highresolution-maps-carbon-trapped-tropical-forests-revealed.html

Using satellite mapping, airborne-laser technology, and ground-based plot surveys, scientists have come out with the first high-resolution maps of carbon locked up in tropical forest vegetation and emitted by land-use practices.

Author: Anonymous

Nations meet on climate cash, UN sees long haul

Source Name: 
Reuters
Source Url: 
http://in.reuters.com/article/idINTRE68137420100902

About 45 nations met on Thursday to seek ways to raise billions of dollars in aid to help the poor combat climate change as the United Nations warned them of a long haul to slow global warming.

Environment ministers and senior officials in Geneva were reviewing whether rich nations, hit by austerity cuts, are keeping a promise of $30 billion in "new and additional" climate aid for 2010-12 made at the U.N.'s Copenhagen summit.

Author: Preeti Aggarwal

World cannot afford worsening disasters, warns UN climate change chief

Source Name: 
UN
Source Url: 
http://www.un.org/apps/news/story.asp?NewsID=35807&Cr=climate+change&Cr1=

The world cannot afford escalating disasters of the kind recently witnessed in Pakistan and Russia, the top United Nations climate change official said today, underscoring the need for governments to take swift action to lead the world towards a low-carbon future.

Author: Preeti Aggarwal

U.N. To Study Impact Of Incomplete Climate Action

Source Name: 
Planet Ark
Source Url: 
http://planetark.org/enviro-news/item/59362

The U.N. panel of climate scientists will look at the costs of "second best" ways of fighting global warming amid doubts that all countries will sign up to U.N.-led action, a leading expert said on Tuesday.

Ottmar Edenhofer, co-chair of the U.N. working group looking at the economics of global warming, said the last U.N. report in 2007 had assumed that all countries would take part and that new technologies for curbing greenhouse gases would be available.

Author: Anonymous

IPCC Preparing to Start Work on The Fifth Assessment Report

Source Name: 
Newsblaze
Source Url: 
http://newsblaze.com/story/20100830141010zzzz.nb/topstory.html

Secretary-General Ban Ki-moon and the head of the United Nations-backed panel tasked with preparing scientific reports on the impact of climate change today welcomed the findings of an independent review which called for major changes in management and procedures to enable the group to strengthen the quality of its assessments.

In March Mr. Ban and Rajendra Pachauri, the chair of the Intergovernmental Panel on Climate Change (IPCC), requested the review amid intense public debate about the science of climate change, as well as questions over the accuracy of the panel's reports.

Author: Anonymous

U.N. climate panel urged to reform, stick to science

Source Name: 
MSNBC
Source Url: 
http://www.msnbc.msn.com/id/38917445

The U.N. climate panel should make predictions only when it has solid evidence and should avoid policy advocacy, scientists said in a report on Monday that called for thorough reform of the body.

The U.N. Intergovernmental Panel on Climate Change (IPCC) was widely criticized after admitting its 2007 global warming report wrongly said Himalayan glaciers would vanish by 2035 and that it overstated how much of the Netherlands is below sea level.

Author: Anonymous

EU's carbon offset limits: a boon for brokers?

Source Name: 
Reuters UK
Source Url: 
http://uk.reuters.com/article/idUKLNE67Q03420100827?feedType=RSS&feedName=stocksAndSharesNews

New European Union proposals to limit the use of industrial gas carbon offsets in its emissions trading scheme from 2013 could be a boon for reeling carbon brokers as exchanges wait for clarity before they alter their offerings.

EU climate chief Connie Hedegaard said on Wednesday she is considering post-2012 limits for the use of offsets, called Certified Emissions Reductions (CERs), in the wake of concerns over the environmental integrity of a United Nations carbon finance scheme.

Author: Anonymous

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