Will Global Coal Boom Go Bust As Climate Concerns Increase? by Fen Montaigne: Yale Environment 360

The International Energy Agency said that global coal use — now close to 8 billion tons a year — could increase by 65 percent by 2035 if current energy trends continue.

A recent independent analysis reported that 1,200 new coal-fired power plants are being proposed worldwide, three-quarters of them in India and China. The planet still has so much coal underground that if industrial economies mine and burn this fossil fuel at current rates, known reserves would last for more than a century.

MEPs reject proposed reform of emissions trading scheme | Environment | guardian.co.uk

Green campaigners condemn the defeat as a 'monumental failure' to mend the carbon trading market

Tory MEPs planning to defy David Cameron on key emissions trading vote | Environment | guardian.co.uk

"Today's vote is 'make or break time' for the (EU ETS)," said Hæge Fjellheim, senior analyst, Thomson Reuters Point Carbon. "A negative outcome would probably be the end of the backloading proposal, causing a depressed market for several years, sending the price of carbon downwards and leaving the scheme in disarray, while support from parliament substantially increases the chances of backloading being implemented."

Australia urged to formally recognise climate change refugee status | Environment | guardian.co.uk

Refugee Council says new category would protect those fleeing the effects of global warming