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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). existing climate change.

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California and Shenzhen, China, sign agreement to cooperate on fighting climate change

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Moving to further strengthen California’s ties with China, California Air Resources Board Chairman Mary Nichols and Director of the Shenzhen Development and Reform Commission Xu Anliang signed a memorandum of understanding in Shenzhen that will expand cooperation at the subnational level to tackle global climate change.

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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.

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Vanderbilt meeting concludes time to begin developing climate change adaptation strategies for transportation sector

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It is increasingly clear that climate change will have potentially large impacts on the nation’s highways, railroads, waterways, airports and pipelines. —Craig Philip, CEO of the Ingram Barge Company and a member of the conference steering committee. Regardless of the success of mitigation efforts, we will need to adapt.

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Garnaut Climate Change Review issues first of 8 update papers in 2011; reaffirms decision-making framework and need for mitigation efforts

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As commissioned by the Australian Government in 2010, the Garnaut Climate Change Review, led by Professor Ross Garnaut, has issued the first of a series of papers scheduled for this month and next updating the 2008 Climate Change Review. —2008 Climate Change Review. Earlier post.)

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SANY developing hydrogen fuel cell construction vehicles

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At the 2020 United Nations Climate Change conference, Chinese President Xi Jiping proposed that China’s carbon dioxide emissions should peak in 2030 and that carbon neutrality should be achieved by 2060.

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