NEGOTIATORS FROM NEARLY 200 countries will meet in Paris in December to seek a climate change agreement aimed at keeping the global average temperature from rising more than 2 degrees Celsius (3.6 degrees Fahrenheit).
Tharwa Investments, a leading player in the asset management services sector, has signed an agreement with Egypt's government to build the world’s largest coal-fired power plant at a cost of $11 billion.
The pact for the single-site 6,000 MW plant was sealed by the officials of FourWinds Group of Companies, a unit of Tharwa Investments, and the Ministry of Electricity at the Egypt Economic Development Conference held recently in Sharm El Sheikh.
WASHINGTON, DC – At today’s Energy and Power Subcommittee hearing on “EPA’s Proposed 111(d) Rule for Existing Power Plants: Legal and Cost Issues,” noted legal expert Laurence Tribe, President Obama's constitutional law professor at Harvard Law School, attacked EPA’s so-called Clean Power Plan for its blatant disregard of the constitution. In his testimony, Tribe argues, “EPA lacks the statutory and constitutional authority to adopt its plan,” and describes EPA’s plan as a “power grab” from the states, Congress, and the judiciary branch.
A key stumbling block in the effort to combat global warming has been the intimate link between greenhouse gas emissions and economic growth. When times are good and industries are thriving, global energy use traditionally increases and energy-related carbon dioxide emissions also go up. Only when economies stumble and businesses shutter — as during the most recent financial crisis — does energy use typically decline, in turn bringing down planet-warming emissions.
A leaked European Commission paper concerned with the European Union’s energy union shows a preference for capacity mechanisms which will benefit coal-fired power plants within the bloc.
The overhaul of the EU electricity market, according to the document, should target ending national public support for renewables, while encouraging governments to pay energy companies in other member states for idle power stations.
HENGILL, Iceland — In a cramped work trailer not far from Iceland’s largest geothermal power plant, a researcher pored over a box of core samples — cylinders of rock that a drilling rig had pulled from deep underground just a few minutes before.
New research shows that climate change mitigation efforts in Brazil's steel industry have failed. Instead of reducing greenhouse gas pollution, scientists discovered that programs under an international climate treaty led to an overall doubling of carbon dioxide emissions in the industry.