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| Blog Name: |
The Green Market |
| Url: |
http://thegreenmarket.blogspot.com |
| Language: |
English |
| Topics: |
Green, sustainable, business |
| Description: |
Nominated for the Best Canadian Blog, The Green Market contains a wealth of Green information and includes a comprehensive, alphabetized Green Link Library. Whether you are a someone looking to make a difference in the world or a business looking to capitalize on the rising tide of eco-consciousness, The Green Market provides original articles and information on the opportunities and issues associated with Green. |
| Popularity: |
30 Followers |
Post COP15
The US Senate's inability to pass climate change legislation before international negotiations begin in December does not constitute failure. Although it would have been preferable to have achieved a final international agreement on climate change as soon as possible, this is unlikely to happen at the UN Climate Change Conference in Copenhagen this December (COP15).The participation of US is key to a climate change deal and while the absence of a binding deal is profoundly disappointing. However the Obama administration has already demonstrated America's commitment to reducing emissions.COP15 can still see the adoption of architecture for a new treaty to replace the
The Cost of a Global Deal on Climate Change
As we ease out of a serious recession it is becoming apparent that if we are to afford the costs of managing climate change the global economy must grow. The estimates of the cost of a global deal on climate change varies from less than $200 billion a year to over half a trillion dollars.In September the WWF called on G20 finance ministers to commit to providing $160 billion per year to help the world's developing nations to adapt to climate change and work towards a low carbon economy. These funds are in addition to both Overseas Development Assistance and carbon market finance. The 2009 Davos Forum forecast that world needs will average $515 billion a year through 2010-2020.
Obama's Achievements ahead of COP15
Despite the resistance of some legislators, the Obama administration has made considerable progress on the environmental front. Perhaps most importantly President Obama listens to federal climate scientists dire warnings.Under the Clean Air Act, the Environmental Protection Agency (EPA) is moving forward on regulations that would limit emissions from large polluters starting in 2011, The economic stimulus bill contained tens of billions of dollars for clean energy technologies including electric vehicles, efficiency and renewable energy. EPA and the Department of Transportation have proposed standards to increase the fuel efficiency of cars and light trucks in the US
Cop Out for COP15
Late in October British Environment Minister Ed Miliband said "The truth is if this is left to the negotiators ... I think we'll fail," In Singapore last weekend world leaders confirmed Miliband's prophetic sentiment with a statement that indicated there will be no agreement on climate change ahead of COP15 in December.Despite the international pressure being exerted on the US, with days to go before the final talks at Copenhagen the Senate has not as yet voted on climate change legislation.Agreement must be reached on funding to help poorer nations adapt to changes in the ea
Beneficiaries of Chinese Government Investment in Electric Vehicles
Already a leader in in research and application of lithium ion batteries, China plans even greater investment in electric vehicles (EVs). China lays claim to the world’s largest reserve of rare earth and second largest reserve of lithium. Both are an indispensible raw materials for producing EVs.
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