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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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2 ] Rasmussen’s “one agreement, two steps” plan was quickly endorsed by US President Obama, as well as Australia’s Prime Minister Rudd and Russia’s President Medvedev, all of whom were present at the APEC summit. Without a clear and ambitious number, the whole agreement will be in danger ” [ 8 ].

Climate 236
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010.

Oil 247
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. —Jonathan Grant, director, sustainability and climate change, PwC. The pace of reducing global carbon intensity has been slow despite growing international focus on climate change. —PwC report.