Topic: United Nations

EU, U.N. carbon prices tumble to new record lows

LONDON (Reuters) - European Union and U.N.-backed carbon prices plunged to new record lows on Wednesday, beset by worries about Europe's economic turmoil and uncertainty about a future global climate pact.Carbon prices have shed more than 60 percent since June, as Europe's ...

Analysis:Carbon markets still on life support after climate deal

LONDON (Reuters) - Carbon markets are still on life support after a U.N. climate deal agreed in South Africa on Sunday put off some big decisions until next year and failed to deliver any hope for a needed boost in carbon permit ...

Special Report: How Indonesia hurt its climate change project

SINGAPORE (Reuters) - In July 2010, U.S. investor Todd Lemons and Russian energy giant Gazprom believed they were just weeks from winning final approval for a landmark forest preservation project in Indonesia.A year later, the project is close to collapse, a casualty ...

Special Report: How Indonesia crippled its own climate change

SINGAPORE (Reuters) - In July 2010, U.S. investor Todd Lemons and Russian energy giant Gazprom believed they were just weeks from winning final approval for a landmark forest preservation project in Indonesia.A year later, the project is close to collapse, a casualty ...

SPECIAL REPORT-How Indonesia crippled its own climate change

SINGAPORE (Reuters) - In July 2010, U.S. investor Todd Lemons and Russian energy giant Gazprom believed they were just weeks from winning final approval for a landmark forest preservation project in Indonesia.A year later, the project is close to collapse, a casualty ...

Carbon offsets near record low, worst performing commodity

LONDON (Reuters) - Carbon offsets neared all-time lows Friday, confirming their status as the world's worst performing commodity, as slumping demand meets rising supply of the U.N. instrument traded under the Kyoto Protocol.A worsening global economic outlook has dented prices for emissions ...

U.N. CO2 panel to review, not halt, coal plant support

LONDON (Reuters) - A U.N. panel that oversees a $1.5 billion trade in carbon offsets has rejected advice to suspend support for new coal plants, proposing a review instead, its chairman Martin Hession said on Friday.The panel, called the executive board, manages ...

IATA sees 10 airlines joining carbon scheme this year

NAIROBI (Reuters) - Ten airlines are expected to start investing in projects this year that earn carbon credits under a U.N. scheme to help offset emissions, officials said on Friday as Kenya Airways became the first African carrier to enlist.The International Air ...

EU says private sector needed for climate aid

LONDON (Reuters) - Industrialized countries will have to enlist the private sector to help deliver $100 billion annually in climate aid to the world's poor by 2020, the European Union's executive Commission said on Friday.Developed countries' coffers are low after dealing with ...

N. Korea seeks to sell global carbon credits

North Korea is hoping to sell UN-backed carbon credits from hydropower plants now being built, an aid group said Tuesday, as the isolated communist state struggles to secure more sources of hard cash.If approved by the United Nations, the North would be ...
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