Friday, July 4, 2008

Climate change: Time for deeds not words to reach emissions target, PwC study warns

Source: Guardian
Source Date: 3rd Jul, 2008
Source Pages: p.25.
Summary:
A major report from PricewaterhouseCoopers has warned that severe adverse effects from climate change can only be avoided at reasonable cost if politicians stop talking and start acting. It now estimates the cost of a 50% reduction in global carbon emissions by 2050 at around 3% of global economic growth, at the top of the 2-3% range it estimated in 2006.

Slow but steady progess as shipping seeks answer to CO2

Source: Lloyd's List
Source Date: 3rd Jul, 2008
Source Pages: p.1.
Summary:
The recent International Maritime Organization meeting on greenhouse gases has made limited progress on developing the technical basis for how shipping should reduce CO2 emissions. The week-long gathering in Oslo included developments of a design index for new vessels, the development of an operational index, and the possibilities of implementing some form of market-based measures to reduce CO2 emissions.

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