Reuters - President Barack Obama, trying to save a stalled bill to fight climate change, said on Wednesday clean energy investment could power jobs growth and made no mention of creating a market in planet-warming emissions.
Reuters - President Barack Obama appeared to back away from creating a market in planet-warming emissions on Wednesday in a bid to save the stalled climate change bill, while reaching out to Republicans by promoting nuclear energy and offshore drilling.
CALGARY — Alberta, home of the oil sands, agrees that it has further to go to reduce greenhouse gases and is looking at opportunities to improve its climate change strategy, International Relations Minister Cal Dallas said Thursday.
The minister said he watched U.S. President Barack Obama’s State of the Union Address Tuesday evening and he applauds the president’s resolve to accelerate the fight against climate change.
U.S. Ambassador David Jacobson said Wednesday the message was meant as much for Canada as it was for the United States.
“The path towards sustainable energy sources will be long and sometimes difficult. But America cannot resist this transition; we must lead it”
U.S. President Barack Obama won praise abroad on Tuesday for his pledge to lead the fight against climate change, which has faltered as nations argue over who should foot the bill to lower carbon emissions.
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter The last big thing was green tech – from wave-power generators to the smart grid. It was hyped in the bipartisan stimulus bill, promising gobs of jobs, billions in revenues, and untold riches through the eventual market capitalization of these outfits. Private investors plowed in billions too. It ended up in a massive pileup of capital destruction. Fatalities were everywhere.
DOHA — Cheap, short-cut ideas to cool the planet such as shading sunlight are failing to win support from U.N. delegates looking to improve on the slow progress made by existing technologies.
Many scientists say the proposed solutions, known as geo-engineering, are little understood and might have side effects more damaging than global warming, which is projected to cause more floods, heatwaves, droughts and rising sea levels.
In a report supporting Barack Obama’s renewed push to fight climate change, the United States Department of Energy said its energy sector is increasingly vulnerable to extreme weather events like hurricanes, floods and decreased water availability and needs to shore up its preparedness.
The development of low-carbon energy is progressing too slowly to limit global warming, the International Energy Agency (IEA) said on Wednesday.
With power generation still dominated by coal and governments failing to increase investment in clean energy, top climate scientists have said that the target of keeping the global temperature rise to less than 2 degrees Celsius this century is slipping out of reach.