The Curious Case of India’s Per Capita Emissions
While aspiring to become an economic super power India must ensure that its industrial sector manages its resources in the most efficient manner and reduce its carbon footprint.
While aspiring to become an economic super power India must ensure that its industrial sector manages its resources in the most efficient manner and reduce its carbon footprint.
Divisions within the EU have led to an agreement which ignores Carbon Dioxide as a pollutant and allows member nations to delay implementation of stricter emission standards.
Wyoming Senator John Barrasso believes that fossil fuels like oil and coal are the future and should be used to power the American economy while the scientific studies clearly state otherwise. American policy makers should accelerate investments in renewable energy.
The U.S. Department of Energy today announced that it plans to take advantage of the recent decline in crude oil prices, and has issued a solicitation to purchase approximately 12 million barrels of crude oil for the nation’s Strategic Petroleum Reserve (SPR) to replenish supplies sold following hurricanes Katrina and Rita in 2005.
The UNEP has recommended that fossil fuel subsidies should be scrapped, and that in doing so could not only decrease the amount of greenhouse gases, but also give a “not insignificant boost to the global economy.”
Obama is not the first to suggest a cap and dividend system (basically, a cap and trade system that returns the proceeds to consumers). However, he is the most visible politician to do so, and without a doubt supporting such a system demonstrates his willingness to discuss it in a non-technical manner