Iceland Prime Minister Johanna Sigurdardottir and Chinese Premier Wen Jiabao on Friday signed an intergovernmental agreement on cooperation for the development of geothermal energy.
Seeking to tap Iceland’s unique expertise in geothermal technology, India has announced a plan to work with the northern country to develop its own capabilities in that fast-emerging and potentially huge renewable energy sector.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.