The Chinese government has ordered five cities and two provinces to set caps on greenhouse gas emissions in preparation for a series of regional carbon markets.

Last week, China’s National Development and Reform Commission urged Beijing, Tianjin, Shanghai, (more…)

Forests play an even greater role in Earth’s climate system than previously known, according to the most comprehensive assessment yet of the carbon storage potential of the world’s wooded areas.

Between 1990 and 2007, the planet’s tropical, temperate, and boreal forests absorbed about 2.4 (more…)

At a time when many are adopting the narrative that carbon markets are faltering, the European Union (EU) is aggressively pursuing the expansion of theirs to include aviation. One of only two mandatory greenhouse gas (GHG) cap-and-trade systems in the world, the EU Emissions Trading Scheme (ETS) plans to fold in a (more…)

(Reuters) – EDF Trading, subsidiary of French utility EDF, said on Thursday it has ended its involvement in a biogas project in Honduras which an environmental group claims is linked to human rights abuses.

“We have taken the situation in Honduras very seriously and have spent the past few months looking at our options in respect to (more…)

(Reuters) – Bolivia, among the strongest opponents of the Copenhagen climate accord last year, assailed rich nations at Cancun climate talks on Tuesday but stopped short of threatening to disrupt the two-week conference.

Pablo Solon, the Andean country’s ambassador to the United Nations, told (more…)

The European Commission said on Monday a proposal to limit the use of some carbon credits from industrial gas projects in its emissions trading scheme might be unveiled during a United Nations climate summit in Mexico next week. The European Union Emissions Trading Scheme is the largest multi-national emissions trading scheme in the world. The trading scheme currently (more…)

(Reuters) – The U.N. climate change chief urged governments on Monday to make real steps toward a new treaty to fight global warming or risk throwing negotiations into doubt.

Negotiators are meeting in the northern Chinese port city of Tianjin to try reach agreement on what should follow the (more…)

“No doubts remain. Climate change is real and the build-up of greenhouse gases in our atmosphere is increasingly at an alarming rate.” With these words, Rafael Quiroga, General Manager of Accion RSE, initiated the seminar “Corporate Strategic Management of Climate Change and Greenhouse Gas (GHG) Emissions.” This is not another “green business” seminar from a European or North American city, it took place here — in Santiago, Chile.

The event brought together speakers from the Chilean private sector that gave concrete examples of their companies’ climate change and GHG management initiatives. First, it showed how Essbio, a water purification company, has been dealing with the ever-prescient and escalating challenges of decreasing water reserves due to climate change.  Second, it illustrated the emissions and energy reductions Xstrata Copper, a mining company, has committed to and the steps it has taken to minimize the release of contaminants in its industrial processes. Third, it explained what Natura cosmetics has done since 2007 to become a “carbon neutral” business by calculating all GHG emissions in the company’s supply chain, transportation, and production of its various cosmetics products, and purchasing the equivalent amount of CO2 tonnage in carbon credits on the international carbon markets.

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