Archive for March, 2006

UK Carbon Emissions Still Rising

31st 2006f March, 2006, Jez

Carbon emissions have risen in the UK for the third consecutive year.
The rise is relatively small, roughly ¼%, and overall GHG emissions have stayed level. This is depressing news for environmental groups who have berated the government, in particular the prime minister: “Whilst Tony Blair continues to make fine speeches about climate change he continues [...]

Carbon derivatives

30th 2006f March, 2006, Peter

Joz Cozijnsen at New Values Community has an interesting post about new financial derivatives products for the carbon emissions market.
Technorati Tags: financial derivatives, carbon emissions

Kyoto 2

29th 2006f March, 2006, Jez

Tony Blair has said that he will push for a successor to the Kyoto Protocol when it expires at the end of 2012.
Speaking while in Auckland, the Prime Minister has also said that the replacement must include the US, China and India, despite the recent slight relaxation of the UK’s own emissions targets.
This comes along [...]

UK revises CO2 targets

28th 2006f March, 2006, Peter

The British Government has officially admitted that they are unlikely to meet the previous target of reducing carbon emissions by 20% by 2010, according to a BBC report today.   Instead, they think emissions will be reduced by 15-18%, which is of course still greater than then 12.5% reduction agreed in the Kyoto Protocol. 
The Government’s 2006 [...]

Wind Power uptake faster than expected

27th 2006f March, 2006, Jez

Wind Power is on track to provide 5% of Britain’s electricity by 2010, an impressive half of the governmental target to generate at least 10% from renewable sources.
The British Wind Energy Association (BWEA) has just released Onshore Wind: Powering Ahead, a report claiming to be the most comprehensive assessment of the UK’s onshore wind sector [...]