Showing posts from April, 2017

New study reveals that the Clean Development Mechanism (CDM) is not working

A new study of the German research group Öko-Institut found that a mere 2 per cent of projects under the clean development mechanism (CDM) had a high probability to lead to additional reductions in greenhouse gas emissions. The poor performance of the CDM reflects badly on a central pillar of the 1997 Kyoto Protocol, which was thought to give poor countries access to new technologies and financial means.

Eurelectric pledges to end electricity production from coal-fired power plants

Eurelectric, the European association of electricity-producers, announced on 5 April that its members signed a pledge not to build any new coal-fired power plants in Europe after 2020. If implemented, the remarkable plan would put an end to electricity production from coal-fired power plants in Europe in the foreseeable future. Poland and Greece, however, are notable absentees from the commitment.

Decommissioning UK North Sea platforms comes at a huge price - tax payer likely to foot the bill

Research into the decommissioning of UK North Sea oil rigs found that the industry is facing huge costs. However, due to insufficient financial reserves it is likely that the tax payer has to pay for the majority of the costs. This poses legal questions about liability and the so called `polluter pays principle´.