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Marrakech Saw Unparalleled Political Will to Act on Climate

Shortly after the conclusion of the UN Climate Change Conference in Marrakech, the UN’s top climate change official Patricia Espinosa visited Norway, where she met with government and local leaders and gave a speech at the 2016 Zero Emission Conference in Oslo. Hosted by the Norwegian NGO ZERO, the conference

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Carbon Prices too low to adequately reduce emissions

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research. Effective Carbon Rates: Pricing CO2 through taxes and emissions trading systems presents new data on effective carbon rates on

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Renewable power is cheapest option today

Renewable power generation costs are already lower on average worldwide than those of fossil fuels and clean energy plants will become even more cost-competitive by 2020, a new sensitivity analysis published by the Carbon Tracker Initiative finds. “Policy-makers and investors really need to question out dated assumptions on technology costs that

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Climate change could cross key threshold in a decade: scientists

OXFORD, England (Thomson Reuters Foundation) - The planet could pass a key target on world temperature rise in about a decade, prompting accelerating loss of glaciers, steep declines in water availability, worsening land conflicts and deepening poverty, scientists said this week. Last December, 195 nations agreed to try to hold world

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Climate action for a sustainable world

In its scale and urgency, the task to limit global warming to well below 2°C is without precedent. It requires universal focus and massive resource mobilisation, which will demand action and interaction from everyone. By Patricia Espinosa Executive Secretary, UN Framework Convention on Climate Change (UNFCCC) There is only one possible future

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As US Ratifies Paris Climate Deal, Pressure Mounts on Oil & Gas to Shrink Carbon Footprint

The oil and gas industry is in a transitional phase. The sector is under increasing pressure in the US and abroad to reduce its carbon footprint. It’s also facing significant cost pressure as low energy prices persist. Shell’s chief energy adviser Wim Thomas recently said the global oil oversupply, which has

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