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Climate Change News

How to… prepare for a carbon cap-and-trade scheme
Tuesday, April 08 2008
Nation
Article on how businesses can prepare for the impending reality of a carbon tax or cap and trade system.
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Carbon Cap & Trade To Give Middle Eastern, State-Controlled Oil Companies Market Advantage
Sunday, February 24 2008
Global
Interesting story from Treehugger discussing how a global cap and trade system would bring out the hidden environmental impacts of processes like natural gas flaring and would actually benefit Middle Eastern oil because it tends to be the cleanest and least energy intensive.
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£7.4M Oxycoal 2 project given go-ahead
Wednesday, February 20 2008
City Nation
Doosan Babcock will modify its unique Multi Fuel Burner Test Rig at Renfrew to accommodate Oxyfuel firing on pulverised coal with recycled flue gas and demonstrate the operation of a full scale 40 MW burner for use in coal-fired boilers, suitable both for new power plants being built around the world and for retrofit applications.
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B.C. introduces carbon tax
Tuesday, February 19 2008
Nation
Province is first jurisdiction in North America to have consumer-based carbon tax.
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A U.S. Cap-and-Trade System to Address Global Climate Change
Monday, October 01 2007
Nation
Policy paper discussing the need in the short to medium term for a cap and trade system in the United States. The proposed cap and trade system includes an upstream cap on CO2 emissions with gradual inclusion of other greenhouse gases, a gradual downward trajectory of emissions ceilings over time to minimize disruption and allow firms and households time to adapt, and mechanisms to reduce cost uncertainty. This proposed program would initially give away half of its permits for free and auction off the other half.
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U.S. Lawmakers Eye European Carbon ‘Cap-and-Trade’ Fiasco
Tuesday, July 24 2007
Nation
The European cap-and-trade permit auction system, in effect since 2005, has resulted in an “administrative nightmare” and imposed huge, unintended costs on businesses and the loss of some jobs, reports Open Europe, a UK think tank.
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First Successful Demonstration Of Carbon Dioxide Air Capture Technology Achieved
Wednesday, April 25 2007
Global
Global Research Technologies, LLC (GRT), a technology research and development company, and Klaus Lackner from Columbia University have achieved the successful demonstration of a bold new technology to capture carbon from the air. The "air extraction" prototype has successfully demonstrated that indeed carbon dioxide (CO2) can be captured from the atmosphere. This is GRT’s first step toward a commercially viable air capture device.
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Tax on Carbon Emissions Gains Support
Sunday, April 01 2007
Nation
As lawmakers on Capitol Hill push for a cap-and-trade system to rein in the nation's greenhouse gas emissions, an unlikely alternative has emerged from an ideologically diverse group of economists and industry leaders: a carbon tax.
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