Climate finance
Al Gore warns oil chiefs against climate denial
NEWS: At World Economic Forum in Davos, former US vice president accuses oil executives of “wishful thinking” on climate risk
Coal lobby plays down divestment fears
NEWS: World Coal Association admits that divestment is a concern for the industry, but says it won’t dent growth
UN climate chief: Carbon bubble is now a reality
NEWS: Christiana Figueres says there is evidence that fossil fuel investors are already being hit as projects become unviable
Costing the climate: Four ways to price carbon
COMMENT: A recent study put the social cost of emitting a tonne of carbon dioxide at US$220. An EU allowance costs $8. Why the gap?
Oil majors face climate grilling at World Economic Forum
NEWS: Agenda for this year’s Davos meeting focuses heavily on climate change, with UN carbon cutting deal on horizon
Plastic roads help solve Bangalore rubbish crisis
NEWS: While the authorities dump or burn rubbish, two businnesses in India’s Silicon Valley are using waste plastic to build roads
Pope urged to divest from fossil fuels as he visits Philippines
NEWS: Campaigners call on Pope Francis to show his support for victims of climate change by taking on vested interests
“Green” bond to fund multi-storey car park
NEWS: Massachusetts State College Building Authority issues US$94 million bond for plans branded “pathetic” by watchdog
Carbon pricing set to cover 80% of Canadian economy
NEWS: Ontario to join Quebec and British Columbia in enforcing price on fossil fuels, despite opposition from prime minister Harper
South Korea launches Asia’s first national carbon market
NEWS: Allowances traded at US$7-8 a tonne, a similar price to Europe’s emissions trading system
Stanford professors call for full fossil fuel divestment
NEWS: California university was the wealthiest to cut ties with coal companies last May; 295 academics want oil and gas to go next
EU climate official vows to protect heavy polluters
NEWS: Jos Debelke says Brussels is committed to climate leadership, but will ensure steel, cement industries get help to comply with regulations
China carbon trading to almost double in 2015
NEWS: More Chinese companies must manage their greenhouse gas emissions as Beijing plans national carbon market
Investors question fossil fuel industry as renewables rise
NEWS: Increasing oil production but falling demand creates problems for fossil fuel industry as investors turn away from sector
Washington state carbon market plan to raise $1bn a year
NEWS: Governor Jay Inslee hopes to launch emissions trading system in 2016, says it is “the smart thing to do”
Beijing reveals bottom-up approach to national carbon market
NEWS: Chinese central government will set regional caps on emissions and leave distribution of permits to provincial authorities
With $10bn banked, what next for the Green Climate Fund?
COMMENT: Money on its own is not enough – countries need to learn how to use finance more efficiently and transparently
A tale of broken promises – finance and the UN climate talks
COMMENT: Least developed countries deserve more support in the face of evident and increasing threats, says expert
Oil price slump a “golden opportunity” to price carbon – IEA
NEWS: Lead energy analyst says low fuel cost allows policymakers to slash fossil fuel subsidies without hurting consumers
Australia pledges $165 million to Green Climate Fund
NEWS: Key fund passes $10bn after unexpected climate finance pledge by Australian foreign minister