The World Bank, which provides developing countries about US$60 billion a year in financial assistance, is officially phasing out its support for the oil and gas industries.
The $500m raised highlights the potential for expansion and international system linkages to fight climate change.
Fastest, cheapest, and most effective means of ending energy poverty is CES4all – and it’s going to create a $12 billion annual industry by 2030.
China announces it would launch a national carbon market in 2018 based on the 6 regional pilot programs launched in past year.
Nigeria has signed a series of agreements to develop and operate 3,000 MW of utility-scale solar photovoltaic power plants over the next five years.
New Labor leader Bill Shorten’s support for carbon pricing is actually a deft assault on Tony Abbott’s weak spot, his hard right flank. International pressure for market-based climate solutions is mounting, and Australia’s credibility hangs in the balance.