The Japanese cabinet has approved a draft Global Warming Mitigation Law. With regard to the emissions trading scheme, which had been a focus of controversy until the final process of the discussion, the bill proposes establishment of a total emissions cap as the basic control method while also including the emissions intensity approach in the provisions.
Electricity shortfall in Pakistan has reached the 2000MW mark. Load shedding in urban areas of the country has been extended to 5 hours a day, and to 8 hours a day in rural areas.
California utilities can now purchase some of the benefits of renewable energy without actually purchasing the energy itself. That’s the gist of a move by the California Public Utilities Commission to allow utilities to use tradable renewable energy credits (TRECs) to meet the state’s ambitious renewable portfolio standard.
A survey conducted on electricity consumers in Japan revealed that more than half the respondents were not willing to accept price increases exceeding 5 per cent to reduce CO2 emissions.
US Secretary of Energy Steven Chu has announced that his department will provide $154 million to boost a carbon capture and storage facility in Thompsons, Texas.
US-based GE Hitachi Nuclear Energy (GEH) has signed an agreement with Polska Grupa Energetyczna (PGE), Poland's largest power company, to collaborate on a plan to build nuclear power plants in Poland.
European carbon emissions futures have risen following the return of very cold weather, boosting demand for electricity generation and thereby carbon permits.
South African utility Eskom has said that the country will have a power surplus during this year’s football World Cup, but that supply will be very tight from 2013 to 2014, and the country will have to save energy to avoid blackouts.
Despite reassurances by the Philippine government, power shortages in Luzon and Mindanao have worsened as energy supply deficits continue to grow.
The Vietnam National Coal and Mineral Industries Group has announced new coal prices for electricity generation.