Article23 September

G20 to discuss climate finance before Durban

 Sergio Abranches

The International Monetary Fund, the World Bank and other international groups are expected to present a paper on climate finance at the G20 meeting this Friday in Washington. It recommends a sharp reduction of subsidies for fossil fuels, putting a price tag of $25 per ton on carbon emissions, and collecting a surcharge on bunker fuels to raise money for climate finance. More »

Article21 September

A Surge of Wind Over Brazil

Brazil has suddenly realized the attractiveness of its immense wind power potential. Once deemed too expensive and small-scale, unable to meet the country’s power needs, it is now braced to grow sevenfold to 2014. More »

Article23 August

Climate losses in the U.S. at $35 billion

Sérgio Abranches

Economic damage costs related to extreme climate events to date in the US exceed $35 Billion, says the National Oceanographic and Atmospheric Administration – NOAA. These costs are likely to affect both the domestic and the global economies already facing a serious crisis. More »

Article12 August

The trouble with Brazilian ethanol

Sergio Abranches

For the third consecutive year Brazilian sugarcane harvests will be affected by adverse climatic factors. The latest estimates from the producers’ association, UNICA, is that it will be 8.4% smaller for the season 2011-2012. Over the last three years demand for sugar has been very strong and prices even higher than ethanol’s. As a result, producers have been calibrating their production mix to yield more sugar than alcohol. More »

Analysis, Article15 July

The Future Is Low Carbon

Sergio Abranches

Moving from a high-carbon to a low-carbon economy entails replacing the global energy and industrial high-carbon infrastructure over the next decades. UN’s recent Economic and Social Survey 2011 – The Great Green Technological Transformation estimates replacement costs at $15-$20 trillion, or between one quarter and one third of global income. More »

Article30 June

Changes in the Forest Act trigger wave of deforestation in the Brazilian Amazon

Sérgio Abranches

The early-warning satellite system for monitoring deforestation in the Brazilian Amazon, DETER, developed by the National Institute for Space Research, INPE, has detected an atypical increase in cleared forest area on March-April this year. It was the largest area cleared in this period since 2008. Compared to 2010 deforestation was 473% greater. Today, INPE has announced that deforestation in May was 146% greater than in May, 2010. More »