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Commodities Briefing - Categorized | Energy, Environmental Trading more

Green energy on the back foot after carbon trading blow

Posted on 19 April 2013

It’s been a bad week for efforts to develop green energy around the world. A new report from the International Energy Agency (IEA) says that progress towards carbon-free energy production has basically stalled.
“Despite much talk by world leaders,” said IEA executive director, Maria van der Hoeven, “and despite a boom in renewable energy over the last decade, the average unit of energy produced today is basically as dirty as it was 20 years ago.” The IEA uses a complex calculation called the carbon intensity index to show how much CO2 is emitted to provide a given unit of energy……………………………………..Full Article: Source


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