Wind energy is one of the most significant renewable energy sources for electricity generation worldwide. Led by the EU, North America and China wind is one of the fastest growing clean energy sectors.
At the turn of the century, urban areas were teeming with food production facilities. Mind you, this was the 19th century. As food production joined the global supply chain, vast tracts of industrial spaces that had once housed abattoirs emptied and stood vacant.
Over the next seven years the global green market will grow by almost one and a half trillion dollars. According to a new UN report the green market will be worth 2.2 trillion by 2020. This represents a threefold increase from where we are today.
The EU has proposed labeling Canada’s tar sands as “dirty” which would result in an import tax on Canadian bitumen. If the proposal is successful, EU refiners who use Canadian tar sands crude would face extra costs as they are required to cut carbon content in fuels by 6 percent or pay a penalty.
Canada is hoping the carbon capture and storage (CCS) can help to mollify its increasingly isolated position vis-a-vis the the nation’s failure to limit emissions. The tar sands are a significant contributor to Canada’s rising greenhouse gas emissions.
Consider the implications of each of the world’s major economies consciously shifting their growth paradigms towards a model of sustainable development, one in which addressing climate change and environmental challenges while pursuing economic growth is not paradoxical or mutually exclusive. This is a daunting task.
Carbon trading is increasing around the world as levels of atmospheric carbon are about to move past the 400 parts per million threshold. The European Union has been operating the world’s biggest emissions market since 2005.
A new report concludes that global momentum to tackle climate change is growing with every major economy setting in place policies to drive down emissions and increase renewable energy investment and renewable energy.
Good investing strategies are dependent on proper risk assessment and the failure to respond to the risks associated with climate change constitutes a significant economic risk.
Recent events are pointing to an increase in the popularity of hybrid cars, along with other green-car technologies. And governments are putting more pressure on manufacturers with more environmentally conscious regulations.