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US, Japan Pledge $4.5bn to Green Climate Fund

The US and Japan pledged a total of $4.5 billion to the Green Climate Fund over the weekend, with $3 billion from the US and $1.5 billion from Japan to help poor nations curb greenhouse gas emissions and limit climate change. With Japan’s commitment, announced yesterday at the G-20 Summit … Read more »

Policy & Enforcement Briefing: Emergency Oil Inventories, Venezuela Refinery, Advanced Energy Poll

The International Energy Agency dropped its resistance to a US-led plan to tap into global emergency oil inventories, the industry journal Petroleum Economist reported last week, citing unnamed sources. A release equaling or greater than last year’s 60 million barrel injection could occur as early as September, with the decline … Read more »