Wednesday, October 14, 2009

Copenhagen meeting prompts foreign climate change announcements

The United Nations climate change conference is set for December 7 through 18, 2009 in Copenhagen, Denmark. UN Framework Convention on Climate Change Secretary Yvo DeBoer is already stirring the pot with comments on the lack of will among developed nations to combat global warming. "The time for speeches is over. Our planet is being plundered and pillaged on an unprecedented scale." DeBoer praised actions announced recently by the European Union and China, but said without "more will" on the part of developed nations, the Copenhagen conference is likely to be "half baked."

The European Union has announced a ten year, €53 billion government investment in renewable energy production, including €16 billion for solar power production, €13 billion for clean coal technology, € 9 billion for biofuel development, €7 billion for nuclear power, €6 billion for wind energy, and €2 billion for transmission grid infrastructure. Cogen Europe predicts increasing combined heat and power generation capacity from 97 billion watts to 219 billion watts by 2020.

China has announced plans to double its nuclear power generation goal from 4% to 8% of total installed power capacity by 2020. China's Ministry of Finance and its State Administration of Taxation already implemented a 15 year tax preference policy for the nation's nuclear power industry.

Posted via web from Global Warming News

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