This article was originally published in Blakes Bulletin on Energy - Oil & Gas, March 2006
Under the Kyoto Protocol, emissions trading is one of the key market mechanisms by which countries can meet their emission reduction targets. With the Kyoto Protocol in force, emissions trading systems are either underway or will be implemented shortly in many countries around the world.
The Canadian Domestic Offsets System, which is backed by the Climate Fund Agency, will be implemented in early 2006. Beginning on March 31, 2006, the Climate Fund Agency will purchase credits created by the Domestic Offsets System as well as international credits sanctioned under the Kyoto Protocol. To date, one billion dollars has been allocated for purchases by the Climate Fund Agency, which could yield reductions of between 75 and 115 megatonnes annually between 2008 and 2012....
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Today's entry reports on the announcements that two Secretaries of State are to appear before Select Committees next week. Chris Huhne, the Liberal Democrat Secretary of State for Energy and Climate Change is to appear before the Energy and Climate Change Select Committee of MPs next Wednesday, 15 September.
In a Guidance Order issued on August 27, the Federal Energy Regulatory Commission (FERC or the Commission) provided guidance on how the North American Electric Reliability Corporation (NERC) and the Regional Entities responsible for the enforcement of mandatory Reliability Standards should assess repeated violations by the same or affiliated companies.
With the ever-increasing number of wind turbines being constructed, various government and private organizations are pursuing research into the impact of wind turbines on birds and bats with particular focus on endangered species.
The New Jersey Legislature recently enacted landmark legislation aimed at supporting the growth of the offshore wind industry in the state and encouraging development of carbon-free energy production.
According to the Mexican Constitution (the "Constitution"), the Nation has direct ownership of subsoil, as well as the exclusive right to develop and use petroleum and gas.
The location of the investment shall be determined pursuant to the local zoning plan. If the local zoning plan has not been adopted for a specific area, the location of the public investment shall be determined by a decision on determining the location of a public investment, whereas other investments by a decision on development conditions.
Although the most suitable energy resources should be not only affordable and safe, but also environment-friendly and sustainable, use of unsustainable energy resources are widespread.
In our e-update of 5 August, "Community Renewable Schemes: A Grant or FITs - But Not Both?" we undertook to update you on guidance to be issued by the Department for Energy and Climate Change (DECC) when it was published.
Under Resolution 41/2009/QH12 dated 25 November 2009, the Vietnamese National Assembly approved investment in the Ninh Thuan Nuclear Power Project, comprising two plants each having two turbines, to supply electricity to the national power grid.
