<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Inter Press ServiceInternational Energy Agency (IEA) Topics</title>
	<atom:link href="https://www.ipsnews.net/topics/international-energy-agency-iea/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.ipsnews.net/topics/international-energy-agency-iea/</link>
	<description>News and Views from the Global South</description>
	<lastBuildDate>Tue, 16 Jun 2026 14:08:45 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.8.3</generator>
		<item>
		<title>Capture of CO2 and Hydrogen as Part of Latin America&#8217;s Energy Future</title>
		<link>https://www.ipsnews.net/2020/10/capture-co2-hydrogen-part-latin-americas-energy-future/</link>
		<comments>https://www.ipsnews.net/2020/10/capture-co2-hydrogen-part-latin-americas-energy-future/#respond</comments>
		<pubDate>Thu, 22 Oct 2020 18:45:54 +0000</pubDate>
		<dc:creator>Emilio Godoy</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Development & Aid]]></category>
		<category><![CDATA[Editors' Choice]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Integration and Development Brazilian-style]]></category>
		<category><![CDATA[Latin America & the Caribbean]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Regional Categories]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[carbon capture]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[CO2]]></category>
		<category><![CDATA[Costa Rica]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>
		<category><![CDATA[Mexico]]></category>
		<category><![CDATA[Renewable Energy]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=168941</guid>
		<description><![CDATA[While struggling to increase the generation and consumption of renewable energy, Latin America is beginning to see the rise of new technologies, such as the capture and storage of carbon and hydrogen from fossil fuels or wind and solar energy. But these technologies require substantial investments and the deployment of infrastructure, which raises doubts about [&#8230;]]]></description>
		
			<content:encoded><![CDATA[While struggling to increase the generation and consumption of renewable energy, Latin America is beginning to see the rise of new technologies, such as the capture and storage of carbon and hydrogen from fossil fuels or wind and solar energy. But these technologies require substantial investments and the deployment of infrastructure, which raises doubts about [&#8230;]]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2020/10/capture-co2-hydrogen-part-latin-americas-energy-future/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Latin America Faces Uphill Energy Transition</title>
		<link>https://www.ipsnews.net/2018/04/latin-america-faces-uphill-energy-transition/</link>
		<comments>https://www.ipsnews.net/2018/04/latin-america-faces-uphill-energy-transition/#respond</comments>
		<pubDate>Thu, 19 Apr 2018 22:54:03 +0000</pubDate>
		<dc:creator>Emilio Godoy</dc:creator>
				<category><![CDATA[Civil Society]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Conferences]]></category>
		<category><![CDATA[Development & Aid]]></category>
		<category><![CDATA[Economy & Trade]]></category>
		<category><![CDATA[Editors' Choice]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Green Economy]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Integration and Development Brazilian-style]]></category>
		<category><![CDATA[Latin America & the Caribbean]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Regional Categories]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>
		<category><![CDATA[Sustainability]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=155353</guid>
		<description><![CDATA[Latin America is facing challenges in energy efficiency, transportation and power generation to move towards a low carbon economy and thus accelerate that transition, which is essential to cut emissions in order to reduce global warming before it reaches a critical level. The region has made progress in the production of renewable energy, especially from [&#8230;]]]></description>
		
			<content:encoded><![CDATA[Latin America is facing challenges in energy efficiency, transportation and power generation to move towards a low carbon economy and thus accelerate that transition, which is essential to cut emissions in order to reduce global warming before it reaches a critical level. The region has made progress in the production of renewable energy, especially from [&#8230;]]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2018/04/latin-america-faces-uphill-energy-transition/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Energy Habits Are Changing in Latin America’s Cities</title>
		<link>https://www.ipsnews.net/2017/08/energy-habits-changing-latin-americas-cities/</link>
		<comments>https://www.ipsnews.net/2017/08/energy-habits-changing-latin-americas-cities/#respond</comments>
		<pubDate>Thu, 24 Aug 2017 22:44:57 +0000</pubDate>
		<dc:creator>Mario Osava</dc:creator>
				<category><![CDATA[Development & Aid]]></category>
		<category><![CDATA[Editors' Choice]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Integration and Development Brazilian-style]]></category>
		<category><![CDATA[Latin America & the Caribbean]]></category>
		<category><![CDATA[Poverty & SDGs]]></category>
		<category><![CDATA[Projects]]></category>
		<category><![CDATA[Regional Categories]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=151787</guid>
		<description><![CDATA[The Vaz de Souza’s were so keen on the solar water heater that they made it their mission and business, which prospered with the surge in innovation in their city, Belo Horizonte, recognised as the solar energy capital of Brazil. In 1998 they founded the Maxtemper company, which has already installed over 40,000 solar water [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="169" src="https://www.ipsnews.net/Library/2017/08/a-300x169.jpg" class="attachment-medium size-medium wp-post-image" alt="Alejandro Casas’s electric taxi, which he drives in Montevideo, cost him 63,000 dollars, but he was given a five-year loan and he gets free recharges, as part of an initiative supported by the state-owned electric company and the government of the Uruguayan capital. Credit: Verónica Firme/IPS" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2017/08/a-300x169.jpg 300w, https://www.ipsnews.net/Library/2017/08/a.jpg 629w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Alejandro Casas’s electric taxi, which he drives in Montevideo, cost him 63,000 dollars, but he was given a five-year loan and he gets free recharges, as part of an initiative supported by the state-owned electric company and the government of the Uruguayan capital. Credit: Verónica Firme/IPS
</p></font></p><p>By Mario Osava<br />BELO HORIZONTE, Brazil, Aug 24 2017 (IPS) </p><p>The Vaz de Souza’s were so keen on the solar water heater that they made it their mission and business, which prospered with the surge in innovation in their city, Belo Horizonte, recognised as the solar energy capital of Brazil.</p>
<p><span id="more-151787"></span>In 1998 they founded the Maxtemper company, which has already installed over 40,000 solar water systems in homes, pools, companies and public facilities in the eastern state of Minas Gerais, mainly in Belo Horizonte, where similar suppliers have mushroomed.</p>
<p>“The success was due to the fact that ‘mineiros’ (people from Minas Gerais) are thrifty, careful with their money,” said 62-year-old Cornelio Ferreira Vaz, co-owner of the company. The savings in electricity pays off the initial investment in a maximum of two years, and the equipment lasts two decades, he told IPS.“Buildings used to be passive resource consuming spaces, but with the new concepts and policies they have become active in generating electricity.” -- Rodrigo Sauaia<br /><font size="1"></font></p>
<p>“It is appealing because of its economic and ecological benefits, for your pocketbook and for nature,” said his wife and partner, 59-year-old Aildes de Souza.</p>
<p>The household system, consisting of a solar collector, water tanks and pipes, costs nearly 1,000 dollars for a family of four or five to provide about 400 litres of hot water a day, he estimated.</p>
<p>It began to be used in the 1970s, but spread after the blackout crisis which led to power rationing measures between July 2001 and February 2002 and drove up its price, in this country of 207 million people.</p>
<p>“Our turnover has multiplied fivefold since then,” said De Souza. Maxtemper secured a contract with the state-owned Energy Company of Minas Gerais (Cemig) to install 14,000 heaters in new houses built by government social programmes.</p>
<p>At its height, the company had 110 employees. That number has been reduced to seven due to the economic recession that has plagued Brazil over the three last years, which forced many companies into bankruptcy. “We survived because there are still consumers seeking to save electricity and money,” said Vaz.</p>
<p>The use of solar radiation, not always taken into account in official reports on energy use, also benefits the entire national power grid, by replacing electric shower heaters, which are widely used in Brazil.</p>
<p>Electric showers consume a great deal of energy and trigger a peak in energy demand in the early evening, when most of the population takes showers, requiring an increased supply capacity.</p>
<p>Five per cent of households in Brazil &#8211; 3.4 million &#8211; already have solar heated water, according to the Brazilian Association of Refrigeration, Air Conditioning, Ventilation and Heating.</p>
<div id="attachment_151789" style="width: 650px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-151789" class="size-full wp-image-151789" src="https://www.ipsnews.net/Library/2017/08/b.jpg" alt="In most gas stations in Brazil, consumers can choose at the pump either gasoline and ethanol fuel, whose price is appealing when it does not exceed 70 per cent of the price of gas, to compensate for its lower efficiency. The fall in gas prices led to a reduction in the use of biofuel and that aggravated pollution in cities such as São Paulo. Credit: Mario Osava/IPS" width="640" height="480" srcset="https://www.ipsnews.net/Library/2017/08/b.jpg 640w, https://www.ipsnews.net/Library/2017/08/b-300x225.jpg 300w, https://www.ipsnews.net/Library/2017/08/b-629x472.jpg 629w, https://www.ipsnews.net/Library/2017/08/b-200x149.jpg 200w" sizes="auto, (max-width: 640px) 100vw, 640px" /><p id="caption-attachment-151789" class="wp-caption-text">In most gas stations in Brazil, consumers can choose at the pump either gasoline and ethanol fuel, whose price is appealing when it does not exceed 70 per cent of the price of gas, to compensate for its lower efficiency. The fall in gas prices led to a reduction in the use of biofuel and that aggravated pollution in cities such as São Paulo. Credit: Mario Osava/IPS</p></div>
<p>Brazil ranks first in Latin America and fifth in the world in installed capacity of solar power for heating water – an aspect that tends to be ignored by the statistics because electricity is not generated and the solar collectors are somewhat different from photovoltaic panels.</p>
<p>Mexico ranks a distant second in a region that underutilises solar heating, which globally prevented the emission of 130 million tons of carbon in 2016, according to <a href="http://www.iea-shc.org/solar-heating-cooling">a study</a> by the<a href="https://www.iea.org/"> International Energy Agency</a> (AIE).</p>
<p>The different uses of solar energy allow cities to go from mere consumers and wasters of energy to generators of a part of their energy needs.</p>
<p>Rooftops with photovoltaic panels could provide up to 32 per cent of the world cities’ electricity demand by 2050, the AIE projects in its report <a href="https://www.iea.org/publications/freepublications/publication/EnergyTechnologyPerspectives2016ExecutiveSummarySpanishVersion.pdf">Energy Technology Perspectives 2016</a>.</p>
<p>“Buildings used to be passive resource consuming spaces, but with the new concepts and policies they have become active in generating electricity,” Rodrigo Sauaia, head of the Brazilian <a href="http://www.absolar.org.br/">Photovoltaic Solar Energy Association</a>, told IPS.</p>
<p>Large cities in Latin America stand out in rankings as among the most sustainable or green in the world, but that is in large part due to the consumption of renewable energies, especially hydropower, which is abundant in this region, as a result of national policies.</p>
<p>But city governments have no or little influence on hydropower, with the exception of Colombia, with its traditional municipal utilities, such as the power company in Medellín, which owns 25 hydroelectric plants.</p>
<p>“Brazil has passed a groundbreaking law in Latin America, allowing electricity from distributed generation to be injected into the power grid, said Mauro Passos, head of the <a href="http://institutoideal.org/en/">Institute for the Development of Alternative Energies</a> (Ideal).</p>
<p>This 2012 measure gave rise to a photovoltaic boom, since it allowed distributed or decentralised generators, small residential or business plants mainly devoted to self-consumption, to sell their surplus, contributing to the social generation of energy.</p>
<p>The National Agency of Electric Power regulator projects that by 2024 Brazil will have over 800,000 households generating their own electricity. “And this is a conservative goal,” said Sauaia.</p>
<p>Currently, there are only 12,520 distributed generation photovoltaic systems connected to the grid, with a capacity of 100 MW; 42 per cent are households.</p>
<div id="attachment_151790" style="width: 650px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-151790" class="size-full wp-image-151790" src="https://www.ipsnews.net/Library/2017/08/c.jpg" alt="The headquarters of the Latin American Energy Organisation (Olade) in Quito, which brings together 27 countries in the region, is supplied with solar energy through photovoltaic panels installed on the building, in an initiative to promote the use and generation of solar energy among the country member’s public institutions. Credit: : Mario Osava/IPS" width="640" height="480" srcset="https://www.ipsnews.net/Library/2017/08/c.jpg 640w, https://www.ipsnews.net/Library/2017/08/c-300x225.jpg 300w, https://www.ipsnews.net/Library/2017/08/c-629x472.jpg 629w, https://www.ipsnews.net/Library/2017/08/c-200x149.jpg 200w" sizes="auto, (max-width: 640px) 100vw, 640px" /><p id="caption-attachment-151790" class="wp-caption-text">The headquarters of the Latin American Energy Organisation (Olade) in Quito, which brings together 27 countries in the region, is supplied with solar energy through photovoltaic panels installed on the building, in an initiative to promote the use and generation of solar energy among the country member’s public institutions. Credit: Mario Osava/IPS</p></div>
<p>Belo Horizonte, a city of 2.5 million, is the champion in generation of solar power for water heating, as well as for electricity. Its 210 solar plants include the ones in the Mineirão football stadium and the seat of government of Minas Gerais, which have panels on their roofs.</p>
<p>In addition, the urban waste in a sanitary landfill generates 4.2 MW of power with the gases that feed an electric plant, said Marcio de Souza, an engineer withEfficientia, a company created by Cemig to promote energy efficiency.</p>
<p>Distributed solar generation is a decision by consumers, whether families or companies.</p>
<p>Energy companies, such as Cemig, “only absorb the generated energy”, which is why distributed generation involves aspects such as the investment capacity of families, cost of conventional energy, levels of solar radiation and whether or not there is a favourable climate, Souza explained to IPS.</p>
<p>But the distributors can offer incentives, such as the Photovoltaic Bonus – a 60 per cent subsidy &#8211; launched this year by the state Electric Plants of Santa Catarina (Celesc), with a goal for the installation of 1,000 residential plants in the state of Santa Catarina, in southern Brazil.</p>
<p>“Seven minutes after opening up the registration we already had 200 candidates for the Florianópolis quota”, the capital of the state, with a population of half a million, Marcio Lautert, head of Celesc’s Energy Efficiency Projects, told IPS.</p>
<p>“The expense to consumers is amortised in two or three years” with the electricity generated, Lautert said. Many other interested parties will be able to join in 2018 if the first group is successful, he added.</p>
<div id="attachment_151792" style="width: 650px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-151792" class="size-full wp-image-151792" src="https://www.ipsnews.net/Library/2017/08/d.jpg" alt="Quito’s system of trolleys with a dedicated lane was celebrated for reducing pollution in Ecuador’s capital. But the buses driven through overhead electric rails have been replaced by diesel motor vehicles, because they cost less. Credit: Mario Osava/IPS" width="640" height="480" srcset="https://www.ipsnews.net/Library/2017/08/d.jpg 640w, https://www.ipsnews.net/Library/2017/08/d-300x225.jpg 300w, https://www.ipsnews.net/Library/2017/08/d-629x472.jpg 629w, https://www.ipsnews.net/Library/2017/08/d-200x149.jpg 200w" sizes="auto, (max-width: 640px) 100vw, 640px" /><p id="caption-attachment-151792" class="wp-caption-text">Quito’s system of trolleys with a dedicated lane was celebrated for reducing pollution in Ecuador’s capital. But the buses driven through overhead electric rails have been replaced by diesel motor vehicles, because they cost less. Credit: Mario Osava/IPS</p></div>
<p>But consumption is the area where the municipalities are changing the most, trying to reduce costs, pollution and social problems.</p>
<p>Some examples are vehicles replacing polluting fuels with electricity, LED public lighting, and traffic lights activated with solar panels, which have already been installed in many cities, such as San José, the capital of Costa Rica.</p>
<p><strong>Montevideo, a model of electric mobility</strong></p>
<p>Electric taxis are already circulating in many Latin American capitals, such as Bogotá, Mexico City, Montevideo and Santiago, although the experiment has been flawed in some cases due to a shortage of charging stations and the solitude of the pioneers.</p>
<p>This is not the case in Montevideo, the capital of Uruguay, a country of 3.5 million people.</p>
<p>“I started to look at the numbers and I took the leap,” Alejandro Casas said, explaining his decision to buy an electric taxi in February.</p>
<p>The vehicle cost 63,000 dollars, but he is paying it off with a five-year loan. “The difference in price you pay each month with what you save in fuel. A taxi uses 1,200 or 1,300 pesos (between 41.5 and 45 dollars) of fuel per day – that’s more than 1,200 dollars a month &#8211; and with the electric taxi you pay nothing,” he told IPS.</p>
<p>Further down the line he will pay a fee, but it will be subsidised and the first taxi drivers to participate in the initiative told him that they spend less than 73 dollars a month in recharging. “That’s nothing,” said Casas, before pointing out other advantages such as the automatic transmission engine and the comfort of the taxi. “It’s awesome,” he concluded.</p>
<p>“Today, on the street, there are 12 electric taxis in Montevideo. In the following months another 12 will be incorporated, reaching a total of 24,” Fernando Costanzo, manager of the Market Sector of the national power utility, UTE, told IPS.</p>
<p>An UTE substation with four quick chargers, two points in Montevideo, others in the nearby department of Maldonado and promises of new ones along the highway that runs through Uruguay from Argentina to Brazil ensure that drivers – including those who operate the dozens of electric vehicles belonging to UTE &#8211; will be able to recharge their batteries.</p>
<p>The government of the department of Montevideo, population 1.4 million, also supports electric taxis by offering licenses at a preferential price, among other measures, as part of a strategic energy plan that promotes clean and innovative sources.</p>
<p>“The aim is to generate an initial critical mass which allows electric mobility to be introduced as a market option, since economically it is more convenient with no need for subsidies,” Gonzalo Márquez, from the Mobility Department of the Montevideo government’sTransport Division, told IPS.</p>
<p>The Montevideo government has contributed around 500,000 dollars to the promotion of electric mobility.</p>
<p>But some Latin American cities have also suffered setbacks. Air pollution in São Paulo worsened when the difference in prices spurred consumption of gasoline to the detriment of ethanol, which is less polluting than fossil fuels. Another example is Quito, where the celebrated trolleys were replaced by diesel driven buses, because they are cheaper.</p>
<p><strong><em>With reporting by Verónica Firme in Montevideo.</em></strong></p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
<ul>




<li><a href="http://www.ipsnews.net/2017/08/guyanas-model-green-town-reflects-ambitious-national-plan/" >Guyana’s Model Green Town Reflects Ambitious National Plan</a></li>
<li><a href="http://www.ipsnews.net/2017/05/world-lags-on-clean-energy-goals/" >World Lags on Clean Energy Goals</a></li>
</ul></div>		]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2017/08/energy-habits-changing-latin-americas-cities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why Investors Should Think Twice before Investing in Coal in India – Part 1</title>
		<link>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-1/</link>
		<comments>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-1/#respond</comments>
		<pubDate>Wed, 18 Mar 2015 11:47:44 +0000</pubDate>
		<dc:creator>Chaitanya Kumar</dc:creator>
				<category><![CDATA[Asia-Pacific]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Economy & Trade]]></category>
		<category><![CDATA[Editors' Choice]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Human Rights]]></category>
		<category><![CDATA[Indigenous Rights]]></category>
		<category><![CDATA[Natural Resources]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[Trade & Investment]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[climate]]></category>
		<category><![CDATA[Coal]]></category>
		<category><![CDATA[Coal India Limited (CIL)]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[fossil fuel]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[Government Pension Fund Global (GPFG)]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Intergovernmental Panel on Climate Change (IPCC)]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>
		<category><![CDATA[International Renewable Energy Agency (IRENA)]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[levelised cost of energy (LCOE)]]></category>
		<category><![CDATA[LIC India]]></category>
		<category><![CDATA[Narendra Modi]]></category>
		<category><![CDATA[Norway]]></category>
		<category><![CDATA[Nuclear]]></category>
		<category><![CDATA[power]]></category>
		<category><![CDATA[Solar Energy]]></category>
		<category><![CDATA[U.N. Climate Change Conference]]></category>
		<category><![CDATA[United Nations Framework Convention on Climate Change (UNFCCC)]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Wind Energy]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=139724</guid>
		<description><![CDATA[This is the first of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. This part of the article deals with the first two reasons. The second part will be published on Mar. 19.]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="180" src="https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA-300x180.jpeg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA-300x180.jpeg 300w, https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA.jpeg 620w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Indian coal workers. India announced in November last year that it plans to double coal production to a whopping 1 billion tonnes per annum before the end of this decade, a feat that is going to be highly improbable to pull off. Photo credit: Jaipal Singh/EPA</p></font></p><p>By Chaitanya Kumar<br />NEW DELHI, Mar 18 2015 (IPS) </p><p>India’s Government under Narendra Modi is in overdrive mode to please businesses and investments in the country. The much aggrandised ‘<a href="http://www.makeinindia.com">Make in India</a>’ campaign launched in September 2014 is a clarion call for spurring investments into manufacturing and services in India and all eyes have turned to the power sector which is expected to undergo dramatic shifts.<span id="more-139724"></span></p>
<p>Piyush Goyal, India’s power minister, announced in November last year that he plans to <a href="http://articles.economictimes.indiatimes.com/2014-11-06/news/55836084_1_coal-india-coal-production-india-economic-summit">double coal production</a> in India to a whopping 1 billion tonnes per annum before the end of this decade, a feat that is going to be highly improbable to pull off.</p>
<p>In an effort to enhance production, the Indian government has started a process of auctioning coal blocks, which were de-allocated by the country’s Supreme Court as a result of the <a href="https://en.wikipedia.org/wiki/Indian_coal_allocation_scam%20%20that%20hit%20the%20country%20in%202012">coal scam</a> that hit the country in 2012 (and resulted in notional losses of 30 billion dollars to India’s exchequer).</p>
<p>With domestic miners already having shown an <a href="http://indianexpress.com/article/business/business-others/coal-auction-total-proceeds-to-cross-rs2l-cr/">aggressive interest</a> in bidding at the first auction last month, a total of 204 coal blocks are set to be auctioned over the next 12 months. The first 32 auctioned blocks have yielded more than 35 billion dollars, exceeding the nominal losses from the coal scam.“[Indian] Prime Minister Modi has made it clear that he does not intend to give into … pressure [to take further action on climate change and rethink its energy options] from any nation but he also cannot afford the ignominy of being singled out as a country that is blocking progressive climate action in Paris”<br /><font size="1"></font></p>
<p>Coupled with the auctions is the disinvestment of Coal India Limited (CIL), the world’s largest coal mining company. A 10 percent stake sale in early February resulted in a <a href="http://www.wsj.com/articles/as-coal-india-sells-stock-a-second-state-firm-buys-1422995572">mixed bag response</a>. Another state owned firm, LIC India, lapped up 50 percent of the stocks alongside a couple of international investment funds and a few Indian firms. The move generated 3.6 billion dollars in revenues for the government.</p>
<p>The auctions and the disinvestment of CIL can provide short-term reprieve to India’s energy and fiscal deficit woes, but there are four reasons why investors and the government should be really wary of investing in coal for the long run (10-15 years). The following are the first two.</p>
<p><strong>Unburnable carbon</strong></p>
<p>The reality that a large proportion of coal and other fossil fuels should be left in the ground is rapidly becoming clear to big business and governments around the world. By signing on to a <a href="http://cancun.unfccc.int/cancun-agreements/main-objectives-of-the-agreements/#c33">global agreement</a> that pledges to limit the rise in the earth’s surface temperature to 2 degrees Celsius, India along with other major carbon emitters have effectively signalled the imminent decline in the use of fossil fuels in order to avoid the worst impacts of global warming.</p>
<p>To achieve this much needed and agreed upon limit on temperature rise, 82 percent of known global coal reserves should remain unextracted. This roughly translates into 66 percent of known coal reserves in India and China that should be <a href="http://www.theguardian.com/environment/2015/jan/07/much-worlds-fossil-fuel-reserve-must-stay-buried-prevent-climate-change-study-says">left in the ground</a>, according to a <a href="http://www.nature.com/articles/nature14016.epdf?referrer_access_token=0uayJ0jsQ-ZyanszyJNZYNRgN0jAjWel9jnR3ZoTv0MEzzy4wDRQte5fViQxiPJjD2pVn_VEiIJXUIpylA0k52au177nPq6MK1EoZ4XWOqKviWFcWiotwOKaqMCCDQwv5MxrZGFxcncDB9ccGFis7YH2s39Ho2Z7p0b9IYK_MARdeXuDq8xxhmAWrIot5xnQgJEjOSfHkyc-1jKtKIwFrKoRfzyu-vsCYqVo9h7QACajJF7-kGrZLxxr9_3rAHbzN6XfaR1_3CHLktYs_CbMuSpD7EUHyDiVzDAQxorSpDE%3D&amp;tracking_referrer=www.theguardian.com">study</a> published in the reputed journal Nature.</p>
<p>These stranded assets, or unburnable carbon, is what the Intergovernmental Panel on Climate Change (IPCC), the scientific body that informs climate policy around the world, also highlighted in its recent <a href="http://mitigation2014.org/">report</a> on climate change mitigation.</p>
<p>This new reality is unravelling quicker than expected and gaining credence from the most unlikely of places. Even the International Energy Agency (IEA), which has faced consistent criticism in underplaying the role of renewable energy in favour of nuclear and fossil fuels, <a href="https://www.iea.org/newsroomandevents/pressreleases/2012/november/name,33015,en.html">stated</a> recently that “no more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 degrees C goal”.</p>
<p>IEA’s Chief Economist Fatih Birol warned that “we need to change our way of consuming energy within the next three or four years,” because, otherwise, “in 2017, all of the emissions that allow us to stay under 2°C will be locked in.”</p>
<p>Coal is fast losing the rug under its feet. Nick Nuttall, the spokesman for the UN Framework Convention on Climate Change (UNFCCC) said of divestment: “We support divestment as it sends a signal to companies, especially coal companies, that the age of ‘burn what you like, when you like’ cannot continue.</p>
<p>This proposition will be contested fiercely by the Indian government as much as by any fossil fuel company, but as nations – under pressure – prepare to deliver a strong global climate agreement at the U.N. Climate Change Conference in Paris in December, long-term investments in coal in this rapidly growing economy will stand on very thin ice.</p>
<p>Even U.S. President Barack Obama’s <a href="http://www.nytimes.com/2015/01/28/world/asia/obama-ends-visit-with-challenge-to-india-on-climate-change.html?_r=1">statements</a> during his recent visit to India suggest diplomatic pressure on India to take further action on climate change and rethink its energy options for the immediate future.</p>
<p>Prime Minister Modi has made it clear that he does not intend to give into such pressure from any nation but he also cannot afford the ignominy of being singled out as a country that is blocking progressive climate action in Paris.</p>
<p><strong>Thermal coal reaches retirement age – it’s time for renewable energy</strong></p>
<p>A new report from <a href="http://share.thomsonreuters.com/assets/newsletters/Inside_Dry_Freight/IDF_Jan_26_2015.pdf">Goldman Sachs</a> starts with this gem of a sentence:  “<em>Just as a worker celebrating their 65th birthday can settle into a more sedate lifestyle while they look back on past achievements, we argue that thermal coal has reached its retirement age.”</em></p>
<p>The<a href="http://blog.banktrack.org/?p=467"> latest data</a> reveal that coal consumption is declining in many parts of the world, including across Europe as a whole, the United States and now, surprisingly, even China registered a small but historic decline in its coal consumption last year. The retirement of dirty coal plants in developed economies is set to cement this trend in the coming few years.</p>
<p>The most recent blow comes from the world’s largest sovereign fund, as Norway’s Government Pension Fund Global (GPFG), worth 850 billion dollars, <a href="http://www.theguardian.com/environment/2015/feb/05/worlds-biggest-sovereign-wealth-fund-dumps-dozens-of-coal-companies">announced</a> that it had dumped 40 major coal mining companies from its portfolio on environmental and climate grounds.</p>
<p>Besides the climate concern, economics is increasingly in favour of alternative sources of energy, such as wind and solar.</p>
<p>In 2014, we saw a precipitous drop in the cost of solar energy in India. Bidding prices came down as low as 6.5 rupees a unit, a <a href="http://articles.economictimes.indiatimes.com/2014-03-17/news/48297593_1_grid-parity-solar-capacity-solar-power">61 percent drop</a> over the last three years, compared with the average unit price of conventional energy like coal at around 5.5 rupees a unit.</p>
<p>Coupled with dramatic drops in costs of solar equipment such as panels, alongside operational, capital and maintenance costs, the path is clearly open for solar to achieve grid parity by 2017.</p>
<p>Meanwhile, onshore wind has in fact become the <a href="http://grist.org/climate-energy/renewable-energy-is-getting-cheaper-and-cheaper-in-6-charts/">cheapest</a> way to generate electricity in the world, laying the claims of cheap coal to rest. A <a href="http://www.irena.org/menu/index.aspx?mnu=Subcat&amp;PriMenuID=36&amp;CatID=141&amp;SubcatID=277">report</a> from the International Renewable Energy Agency (IRENA), an intergovernmental research organisation, has laid bare the facts.</p>
<p>According to the report, the levelised cost of energy or LCOE (that is, all costs considered except externalities like subsidies or environmental impacts) for solar and wind already makes them highly competitive with fossil fuel-based electricity.</p>
<p>The oft cited issues of high capital costs and intermittency notwithstanding, prices of small-scale residential rooftop solar systems also dropped in the range of 40-65 percent between 2008 and 2014 in Europe and the United States.</p>
<p>What does this mean for coal in India? If the above numbers are any measure of the future of the energy sector, heavy investments in coal beyond this decade would be economic suicide.</p>
<p>Coal plants once established have a lifetime of at least 30 years and given the market volatility for coal, owing to rising costs of mining and uncertain fuel supply agreements, greater prices for end consumers is inevitable.</p>
<p>Many pundits in India appreciate this reality and the government has given the right indicators on its pursuit of renewable energy. With a target of 165 GW, India has set an ambitious goal of adding 60 percent to its total current capacity from just solar and wind by 2022.</p>
<p><em>Edited by </em><a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/"><em>Phil Harris</em></a><em>    </em></p>
<p><em>The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, IPS &#8211; Inter Press Service. </em></p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
<ul>
<li><a href="http://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-2/" >Why Investors Should Think Twice before Investing in Coal in India – Part 2</a></li>
<li><a href="http://www.ipsnews.net/2015/03/coal-burning-up-australias-future/ " >Coal: Burning Up Australia’s Future</a></li>
<li><a href="http://www.ipsnews.net/2014/12/opinion-japans-misuse-of-climate-funds-for-dirty-coal-plants-exposed/" > OPINION: Japan’s Misuse of Climate Funds for Dirty Coal Plants Exposed</a></li>
<li><a href="http://www.ipsnews.net/2014/10/pacific-islanders-take-on-australian-coal/ " >Pacific Islanders Take on Australian Coal</a></li>
<li><a href="http://www.ipsnews.net/2014/08/the-time-for-burning-coal-has-passed/ " >The Time for Burning Coal Has Passed</a></li>
</ul></div>		<p>Excerpt: </p>This is the first of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. This part of the article deals with the first two reasons. The second part will be published on Mar. 19.]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-1/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Iran’s Atomic Chief Decries IAEA Failure to Close Detonator Probe</title>
		<link>https://www.ipsnews.net/2014/06/irans-atomic-chief-decries-iaea-failure-to-close-detonator-probe/</link>
		<comments>https://www.ipsnews.net/2014/06/irans-atomic-chief-decries-iaea-failure-to-close-detonator-probe/#comments</comments>
		<pubDate>Thu, 19 Jun 2014 23:15:06 +0000</pubDate>
		<dc:creator>Gareth Porter</dc:creator>
				<category><![CDATA[Asia-Pacific]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Global Geopolitics]]></category>
		<category><![CDATA[Global Governance]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Human Rights]]></category>
		<category><![CDATA[Peace]]></category>
		<category><![CDATA[Regional Categories]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Iran Nuclear Deal]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=135091</guid>
		<description><![CDATA[The head of Iran’s Atomic Energy Organisation, Ali Akbar Salehi, says the International Atomic Energy Agency (IAEA) should now close its investigation of the issue of Iran’s development of high explosives detonators the IAEA has said may have been part of a covert nuclear weapons programme. IAEA Director General Yukiya Amano has thus far refused [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p>By Gareth Porter<br />TEHRAN, Jun 19 2014 (IPS) </p><p>The head of Iran’s Atomic Energy Organisation, Ali Akbar Salehi, says the International Atomic Energy Agency (IAEA) should now close its investigation of the issue of Iran’s development of high explosives detonators the IAEA has said may have been part of a covert nuclear weapons programme.</p>
<p><span id="more-135091"></span>IAEA Director General Yukiya Amano has thus far refused to close the file on the issue, which is the first one Iran and the IAEA had agreed to resolve as part of an agreement on the question of what the Agency calls “possible military dimensions” of the Iranian nuclear programme.</p>
<p>In an interview with IPS in his office in Tehran, Salehi said that the IAEA should have ended the investigation of the detonator issue in keeping with an understanding he claimed had been reached between the two sides on procedures for carrying out the February 2014 “Framework for Cooperation” agreement.</p>
<p>Referring to IAEA officials, Salehi said, “To the best of my knowledge and the best of my information, they have come up with the conclusion that what Iran has said is consistent with their findings.”</p>
<p>The use of the term “consistent with” the IAEA’s information from all other sources would be identical to the formulation used by the IAEA in closing its inquiry into six “unresolved issues” that Iran and the IAEA agreed to resolve in an August 2007 “Work Programme”.</p>
<p>Salehi said the IAEA had agreed to do the same thing in regard to the issues included in the “Framework for Cooperation” agreement.</p>
<p>“We have agreed that once our explanations were enough to bring this to conclusion they would have to close that issue,” Salehi said.</p>
<p>“They should not keep the issue open,” said the U.S.-educated Salehi.</p>
<p>The most recent IAEA report, dated May 23, confirmed that Iran had shown the Agency documents supporting the Iranian contention that it had carried out exploding bridge-wire (EBW) experiments for civilian applications rather than as part of a nuclear weapons programme.</p>
<p>Reuters had reported May 20 that the IAEA had requested that Iran provided “verification documents” to support Iran’s claim that it had a valid reason for developing an EBW detonator programme.</p>
<p>But a “senior official close to the Iran dossier” – meaning a senior IAEA official -s was quoted by The Telegraph on May 23 as claiming it was “still too early “ to say that the information was “credible”.</p>
<p>However, the Agency was obviously capable of reaching an assessment of the credibility of the information within a relatively short time.</p>
<p>However, Amano declared in a Jun. 2 press conference that the IAEA would provide an assessment of its investigation on the EBW issue “in due course, after a good understanding of the whole picture.”</p>
<p>Unlike the August 2007 Work Plan, which resulted in the IAEA closing the files on six different issues that had opened over nearly five years, the February 2014 “Framework” agreement has not been made public. So Salehi’s claim could not be independently confirmed.</p>
<p>But when asked for the IAEA’s response to Salehi’s statements that the Agency had agreed to close the investigation of an issue once Iran had provided the needed information and had accepted the validity of Iran’s explanation, Amano’s spokesperson, Gill Tudor, did not address either of these statements directly.</p>
<p>In an email to IPS Thursday, she said, “As the Director General has made clear, the Agency’s approach is to consider each issue and then provide an assessment after we have a good understanding of the whole picture.”<br />
Amano’s declaration was clearly intended to indicate that he has no intention of clearing Iran of the suspicion on the EBW programme until the larger issue of “possible military dimensions” of Iran’s nuclear programme is resolved.</p>
<p>The spokesperson’s refusal to deny Salehi’s assertions implies that they accurately reflect both the unpublished “Framework” agreement and what IAEA officials told the Iranians on May 20.</p>
<p>Amano appears to be holding back on his official acceptance of Iran’s documentation on this and other issues until an agreement is reached between Iran and the P5+1. The “possible military dimensions” issue, which involves the authenticity of the large collection of documents said to have come from an alleged secret Iranian nuclear weapons research programme from 2001 to 2003, is not likely to be resolved any time soon.</p>
<p>Amano had pledged to support the U.S. policy toward Iran in return for U.S. support for his candidacy to replace then IAEA Director General Mohamed ElBaradei in 2009, according to a diplomatic cable released by Wikileaks.</p>
<p>Since taking over in November 2009, he has not deviated from the U.S and P5+1 position that Iran has had a nuclear weapons programme in the past.</p>
<p>Iran had denounced the documents as fraudulent from the beginning, and ElBaradei and other senior officials believed they were probably forged by a foreign intelligence service, according to published sources. A former IAEA official who asked not to be identified confirmed ElBaradei’s belief to IPS.</p>
<p>Nevertheless, under pressure from the George W. Bush administration (2001-2009), the IAEA endorsed the documents as “credible”, starting with its May 2008 report.</p>
<p>Until Iran showed the documents to IAEA officials last month, the IAEA had taken the position in reports that Iran remains under suspicion, because it had acknowledged having carried out a programne of EBW research and development for civilian and conventional military applications but had not provided proof of those applications.</p>
<p>In its first reference to the issue, the May 2008 IAEA report said Iran had “acknowledged that it had conducted simultaneous testing with two to three EBW detonators with a time precision of about one microsecond” but that “this was intended for civil and conventional military applications.” The report thus led the reader to infer that Iran had acknowledged the authenticity of parts or all of the documents on the EBW studies they had been asked to explain and had sought to describe them as having non-nuclear applications.</p>
<p>But the report failed to clarify that the experiments outlined in the document under investigation had involved EBW detonators firing at a rate of 130 nanoseconds – eight times faster than the ones Iran had acknowledged, as had been revealed by then Deputy Director General Olli Heinonen in a February 2008 briefing for member states.</p>
<p>Based on the false premise that Iran had admitted to carrying out the experiments shown in the intelligence documents, the IAEA demanded that Iran provide the details of its EBW development programme and allow visits to the site where Iran conducted testing of its EBW experiments.</p>
<p>The objective of that demand appears to have been to provoke a rejection by Iran which could then be cited as evidence of non-cooperation. When Iran refused to provide information on its conventional military applications of EBW technology, which were obviously secret, the Barack Obama administration and its allies used it to justify new international economic sanctions against Iran.</p>
<p>The idea that Iran was obliged to prove that it had a legitímate non-nuclear need for EBW technology was disingenuous. Iran’s development of anti-ship missiles is well documented, as is the fact that such weapons use EBW technology for their firing mechanisms.</p>
<p>Iran apparently resolved the issue by providing documentary evidence of one or more civilian applications of EBW technology in Iran.</p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
<ul>
<li><a href="http://www.ipsnews.net/2014/03/u-s-rejected-israeli-demand-iran-nuclear-confession/" >U.S. Rejected Israeli Demand for Iran Nuclear Confession</a></li>
<li><a href="http://www.ipsnews.net/2014/05/tough-road-in-vienna-to-iran-nuclear-deal/" >U.N. Denies Dragging Its Feet on U.S.-Iran Visa Dispute</a></li>
</ul></div>		]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2014/06/irans-atomic-chief-decries-iaea-failure-to-close-detonator-probe/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Carbon Dioxide Emissions Hit Record High in 2012</title>
		<link>https://www.ipsnews.net/2013/06/carbon-dioxide-emissions-hit-record-high-in-2012/</link>
		<comments>https://www.ipsnews.net/2013/06/carbon-dioxide-emissions-hit-record-high-in-2012/#respond</comments>
		<pubDate>Tue, 11 Jun 2013 11:13:55 +0000</pubDate>
		<dc:creator>Carey L. Biron</dc:creator>
				<category><![CDATA[Biodiversity]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Combating Desertification and Drought]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[Global Governance]]></category>
		<category><![CDATA[Headlines]]></category>
		<category><![CDATA[IPS UN: Inside the Glasshouse]]></category>
		<category><![CDATA[Reframing Rio]]></category>
		<category><![CDATA[TerraViva United Nations]]></category>
		<category><![CDATA[CO2]]></category>
		<category><![CDATA[Environmental Defense Fund]]></category>
		<category><![CDATA[Greenhouse Gas Emissions]]></category>
		<category><![CDATA[Greenpeace]]></category>
		<category><![CDATA[International Energy Agency (IEA)]]></category>

		<guid isPermaLink="false">http://www.ipsnews.net/?p=119715</guid>
		<description><![CDATA[Greenhouse gas emissions worldwide rose by 1.4 percent last year, setting a new record, according to data released Monday. The findings, from the International Energy Agency (IEA), come just weeks after scientists in Hawaii recorded carbon dioxide levels in the atmosphere higher than 400 parts per million, another modern record. The data suggests that the [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2013/06/emissions640-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2013/06/emissions640-300x200.jpg 300w, https://www.ipsnews.net/Library/2013/06/emissions640-629x419.jpg 629w, https://www.ipsnews.net/Library/2013/06/emissions640.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">The emissions data suggests that the globe could warm well more than the two degrees Celsius that climate scientists have set as an acceptable level by the end of this century. Credit: Bigstock</p></font></p><p>By Carey L. Biron<br />WASHINGTON, Jun 11 2013 (IPS) </p><p>Greenhouse gas emissions worldwide rose by 1.4 percent last year, setting a new record, according to data released Monday.<span id="more-119715"></span></p>
<p>The findings, from the International Energy Agency (IEA), come just weeks after scientists in Hawaii recorded carbon dioxide levels in the atmosphere higher than 400 parts per million, another modern record.“The most important takeaway here is that this two-degree ‘pathway’ is still within our reach.” -- Kelly Mitchell of Greenpeace<br /><font size="1"></font></p>
<p>The data suggests that the globe could warm well more than the two degrees Celsius that climate scientists have set as an acceptable level by the end of this century, a target towards which international negotiations are currently working.</p>
<p>“Climate change has quite frankly slipped to the back burner of policy priorities. But the problem is not going away – quite the opposite,” Maria van der Hoeven, the IEA’s executive director, said Monday at the launch of a <a href="http://www.iea.org/publications/freepublications/publication/WEO_RedrawingEnergyClimateMap.pdf">special report</a> on the issue.</p>
<p>“The path we are currently on is more likely to result in a temperature increase of between 3.6 and 5.3 degrees C, but … much more can be done to tackle energy-sector emissions without jeopardising economic growth, an important concern for many governments.”</p>
<p>While such estimates have been published previously, the warnings and a set of detailed recommendations are particularly significant coming from the IEA. The Paris-based organisation was set up in the early 1970s to coordinate global oil supply, and continues to advise primarily the world’s richest countries.</p>
<p>“It’s one thing for an environmental group to be saying this, but the IEA is a very respected authority on energy markets and policy, with lots of analytical capacity,” Nathaniel Keohane, the vice-president for international climate at the Environmental Defense Fund (EDF), an advocacy group here, told IPS.</p>
<p>“This is an organisation founded to respond to the oil shock of the 1970s, yet they’re saying that a ‘climate shock’ is what we now have to watch for, in terms of threat to long-term economic prosperity. This report helps point us in a direction of where we need to go in the near term to try to get back on track.”</p>
<p>Indeed, Keohane says the new report can in part be seen as a “hopeful” document, in that the four policy recommendations its lays out would allow international climate negotiators to realistically continue working towards limiting global temperature rise to just 2 degree C.</p>
<p>“The most important takeaway here is that this 2 degree ‘pathway’ is still within our reach,” Kelly Mitchell, a campaigner with Greenpeace, an advocacy group, told IPS.</p>
<p>“Further, the IEA makes the point to clarify a host of no-cost measures towards that pathway. With countries around the world already experiencing the impacts of climate change, that leaves very few reasons left why governments should be delaying action on climate change.”</p>
<p>The IEA recommendations would use only currently available technologies and could be implemented at no net cost, it says. These include a new focus on energy efficiency, continuing to limit the growth of the coal industry, reducing the amount of methane leakage during oil extraction, and speeding up the phase-out of fossil fuel subsidies.</p>
<p>Nearly half of these savings would come from energy efficiency alone. Fully implementing the recommendations would reduce emissions by around eight percent by 2020, the organisation estimates.</p>
<p>“This does not take us all the way where we need to go,” EDF’s Keohane cautions. “But this is a package of policies that would help create the opportunity to turn towards ‘climate safety’.”</p>
<p><b>Back on track</b></p>
<p>The overall rise of 1.4 percent in carbon dioxide emissions masks some potentially positive news. The United States, for instance, reduced its 2012 emissions to levels last seen during the 1990s, largely on the back of strong new use of domestically sourced natural gas, while Europe also saw a decline.</p>
<p>At 3.8 percent, China too saw its emissions grow more slowly than anytime in the past decade, as Beijing has begun pouring funding into renewables. Yet China also posted the largest contribution to the new global emissions increase.</p>
<p>Indeed, developing countries made up some 60 percent of those emissions, up from 45 percent a little over a decade ago. Due to the large growth in energy demand from these countries, IEA analysts point out that developing countries “stand to gain the most from investing early in low-carbon and more efficient infrastructure”.</p>
<p>Climate negotiators are currently meeting in Bonn, Germany. Yet progress in the talks has been stymied in particular by disagreements between developed and developing countries over how to allot responsibility for emissions cuts.</p>
<p>The IEA is now warning that governments across the globe, though particularly in major emitting countries, will need to put in place these policy reforms by 2020. That’s already an extremely tight deadline, but actually the IEA says “intensive action” is required well before that date.</p>
<p>“Delaying stronger climate action to 2020 would come at a cost,” the report states. “1.5 trillion dollars in low-carbon investments are avoided before 2020, but 5 trillion dollars in additional investments would be required thereafter to get back on track.”</p>
<p>One potential strength of the IEA’s recommendations is that they could easily be implemented in parallel to the international climate negotiations. While political will is necessary to see through some of the recommendations – particularly phasing out coal use and fossil fuel subsidies – others wouldn’t require much political involvement.</p>
<p>“The headline agreements from the international talks will take place starting in 2020, but these are four practical, pragmatic policies that could be put in place leading up to that point,” EDF’s Keohane says.</p>
<p>“This means the United States has to take the lead, and will also require action from China, the E.U., India, Brazil. But each of these recommendations could be implemented regardless of what happens in Bonn and later talks, and each will be critical to getting us across the finish line.”</p>
<p>Also on Monday, researchers released a first-ever <a href="http://www.peri.umass.edu/greenhouse100/">ranking</a> of 100 entities in the United States, historically the largest greenhouse gas emitter, by their level of greenhouse gas emissions. At the top of the list are three power companies, which researchers at the Political Economy Research Institute (PERI) at the University of Massachusetts say constitute five percent of all U.S. annual emissions.</p>
<p>At number four on the list is the U.S. government, based on 2011 data.</p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
<ul>
<li><a href="http://www.ipsnews.net/2013/06/for-first-time-u-s-to-lease-offshore-wind-blocks/" >For First Time, U.S. to Lease Offshore Wind Blocks</a></li>
<li><a href="http://www.ipsnews.net/2013/05/philippines-ramps-up-renewable-energy/" >Ramping Up Renewable Energy in the Philippines</a></li>
<li><a href="http://www.ipsnews.net/2013/05/stressed-ecosystems-leaving-humanity-high-and-dry/" >Stressed Ecosystems Leaving Humanity High and Dry</a></li>
</ul></div>		]]></content:encoded>
			<wfw:commentRss>https://www.ipsnews.net/2013/06/carbon-dioxide-emissions-hit-record-high-in-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
