Kathy Chen and Stian Reklev, Reuters, August 31, 2014
(Reuters) - China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme.
The rise of the Internet means that simple factual issues can be checked quicker than would have been believed possible a generation ago. The rise of social media means that facts are not checked, they are retweeted.
Such is the case with renewable energy in Germany, where it appears almost anything is to be believed.
Summer is in full swing, and there's news now that the world just had its hottest June on record. And it also had its hottest May on record. With growing concern over the burning of fossil fuel affecting climate change, there's been an increased interest in shifting our economy to one that revolves around renewable energy, otherwise as known as a green economy. But is this shift even feasible?Now joining us to get some answers to this question are our two guests.
The latest data from the International Energy Agency (IEA) and other sources proves that the oil and gas majors are in deep trouble. Over the last decade, rising oil prices have been driven primarily by rising production costs.