The Victorian state government will, in the next 10 days, sign a Memorandum of Understanding with the Clinton Initiative that will focus on carbon capture and storage and low-emission and energy efficiency technologies, Victorian Premier John Brumby has just announced.
Sydney Water's operating plan for desal plant revealed * Two parliamentary reports throw cold water on mandatory ethanol target * NZ industry coalition urges emissions trading delinking mechanism * Victoria offers demonstration project grants to major water users * G7 considers clean technology fund * 'Six sins of greenwashing'
The head of the International Energy Agency told last week's major economies meeting in Hawaii a "CO2 incentive" of US$200 a tonne would be needed to deliver a 50% cut in emissions by 2050, the IEA revealed yesterday.
Meanwhile, the head of Australia's mining union, Tony Maher, has canvassed the creation of a new climate change pressure group and has urged resource companies to massively boost their spending on carbon capture and storage.
The European Commission last night unveiled plans for a sweeping overhaul of the EU's emissions trading scheme. It also proposed new measures to speed up the development of carbon capture and storage and to put Europe on a path to meet its 20% by 2020 renewables target.
And in comments likely to set off alarm bells for Australian exporters to Europe, EC President José Manuel Barroso floated the prospect of protecting the competitiveness of EU industry by requiring importers to obtain emission allowances.
CE Daily reports on the latest initiatives from the region widely seen as the global pacesetter on climate change policy. (with video
A finance mechanism capable of putting clean energy technology fully into play in the crucial energy choices the world now faces – that's what the head of the U.S. Office of Energy Efficiency and Renewable Energy wants to see.
Alexander Karsner's office is coordinating next week's U.S.-convened major economies meeting, which could play a key role in shaping any such mechanism. Karsner has firm ideas on what will work, based on his experience with a U.S. multi-billion dollar loan guarantee program, and last week briefed Climate Minister Penny Wong. CE Daily reports. (plus audio)