New Publication: Transformative Potential of the New Market Mechanism

by Lukas Hermwille, myself and Christof Arens

There is general agreement that preventing dangerous climate change requires a fundamental transformation of the global economy. Regarding carbon markets, the EU, for example, has called for the new market-based mechanism (NMM) to be established under the UNFCCC to “facilitate transition towards low carbon economy and attract further international investment” (EU 2012). Our paper discusses the transformative potential of the NMM and how it should be structured to maximize transformative impact.

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Climate News of the Week Roundup: New UN Climate Report Updates Warnings of Dangerous Climate Impacts

This week’s roundup covers the publication of the second part of the new assessment report of the Intergovernmental Panel on Climate Change, new global installation figures and forecasts for solar PV, publication of last year’s verified emissions in the EU emission trading system, and Germany’s latest energy policy decisions. (more…)

Climate News of the Week Roundup: All Eyes on the EU Commission’s Forthcoming 2030 Climate and Energy Proposals

Service announcement: I will in future try to always publish my roundups on Friday since I recently started having other stuff to on the week-end. At any rate, the roundups will be published at some point between Friday and Sunday evening.

This week’s roundup covers an assessment of the scenarios underlying the European Commissions forthcoming post-2020 climate and energy proposals, warnings of European climate impacts and job losses that would follow from insufficient climate policy, falling global clean energy investment, ambitious Kenyan solar plans, rising US emissions, current and former US politicians and business people gearing up to fight for stronger climate policy, the Northeastern US states tightening their emission trading system, Germany’s 2013 power sector figures, and more.

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Climate News of the Week Roundup: Warsaw Groundhog Days – Wuppertal Assessment of the Warsaw Climate Conference

This week’s roundup features a bit of self-promotion, a former BP geologist warning that the end of easy oil will have dire consequences, an academic study shedding light on the funding of organisations disputing climate science, a collection of solar energy developments, a bullish solar projection for 2014, renewables advancing in Australia and Spain, an analysis of the first year of California’s emission trading system, and more.

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Climate News of the Week Roundup: Warsaw Climate Conference Takes Baby Steps Towards 2015 Agreement

This week’s roundup features the UN climate conference in Warsaw, an interview with UN Secretary-General Ban Ki-moon on his “ambition conference” next September, projections that sea-level rise may exceed one meter in this century, commentators arguing that progress on combating climate change will come bottom-up rather than top-down, Ontario phasing out coal power completely next year, a study saying that efficiency and renewables could get world on a 450ppm trajectory at little or no extra cost, China installing 1/4 of all new solar PV right now, California’s ETS being oversupplied, two new Wuppertal publications on the future climate regime, and more.

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Climate News of the Week Roundup: Warsaw Climate Conference Set to Kick Off

This week’s roundup features the Warsaw climate conference, UNEP’s latest “emissions gap” report, renewables in developing countries, economic benefits of decarbonisation, EU member states finally taking steps to do something about the EU ETS, the problems of Germany’s energy giant RWE, and more.

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Climate News of the Week Roundup: Global Emission Growth Slowing Down?

This week’s roundup features a report saying that global 2012 emission growth was less than half the average of the past decade, a study finding that the EU ETS hasn’t lead to any carbon leakage, the US curbing financing of overseas coal projects, Shanghai planning to ban coal burning, Brazil, South Africa and India ramping up renewables, more news on the influence of German car makers on German policy, RWE being in trouble due to its coal-based strategy, a study saying that the German grid can be run reliably on 100% renewables, and more.

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Climate News of the Week Roundup: Fossil Fuel Subsidies Run Rampant

This week’s roundup includes allegations that the EU’s DG Energy removed figures from a report that showed that renewables get only a fraction of the subsidies nuclear and fossil fuels are getting in the EU, another report showing the same picture for the global level, Chile doubling its renewable electricity target, solar continuing strong in Japan, reports of falling wind and solar costs, Germany blowing up an already done EU deal on car emission standards, Merkel cautiously coming out in favour of doing something about the EU ETS crisis, the announcement of Germany’s renewables surcharge for 2014, and more.

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Climate News of the Week Roundup: Who Created the Misleading “Warming Pause” Narrative?

This week’s roundup features a discussion of how the faux warming pause narrative came into being, German Christian Democrats citing estimates of costs of climate inaction as costs of climate action, the IPCC being accused of being conservative on sea level rise, India’s solar programme restarting, the arrival of unsubsidised solar, how Danish utilities turned an efficiency obligation into an opportunity, the benefits of public transport, talks to expand the US’s first carbon market, the EU having already achieved its 2020 emission target, and more.

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Climate News of the Week Roundup: Ocean Researchers Disagree with IPCC – It’s Even Worse

This week’s roundup covers a report by ocean experts saying that the situation of the world’s oceans is even more dire than the IPCC says, an analysis saying that contrary to recent media reporting the IPCC’s temperature projections have actually held up pretty well, the Australian Climate Comission getting resurrected by citizen crowdfunding, ICAO agreeing to agree something about aviation emissions by 2016, an examination of the drivers behind the rapid global scale-up of solar, China trying to reign in coal, solar records in China, India and Germany, legacies from the Nazi era still doing damage in Germany, an argument that public investment is crucial for the necessary infrastructure transformation and that carbon pricing is hence helpful but not sufficient, and more.

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