why is a carbon based so fast i mean in other carbon for instance take tens of thousands of years is a procedure that could be. copied around the world that is the hope i mean right now it has been done in iceland and they are doing studies in the united states in the columbia river area you have to try and link up with other companies and universities and other countries in the world in order to bring this matter to them but also alter it what type of industry they have and what type of rock they have and then in a way whipping up a different industry seeing what what they do on a daily basis and seeing how you can alter it such a way that they can also store their gas emissions in the ground. so it's working very well as a general family plant but what are the other applications of this technology well the opera because of course we want to get the coal fired power plants you know where the much you know to us their mission is then also we want to get this to 1st motors you know we need in the future even if we abundant fossil fuel we need i don't. we removed a female scientists he

some form of taxes or extra charges for using plastic bags coffee cups and of course the optional carbon footprint charges when you buy a flight but this is a much larger market for even larger polluters and it's a growing market the value of traded global markets for carbon dioxide allowances soared 250 percent last year to a record high of 144000000000 euros a call according to riff initiative that of 45 national and 25 sup national markets with governments trying to set a price for a ton of carbon companies. buy certificates to offset their emissions to avoid penalties companies can buy the emission credits of others tesla for example has sold emission credits to fair chrysler and general motors making $1700000000.00 since 2012 so how successful carbon trading becomes really depends upon china the world's biggest polluter what it's been the biggest investor in renewable energy it's stepped up spending on coal powered plants at home and abroad and has yet to launch its own carbon trading market beijing would like richard nations to do and spend more than poorer nations for past emissio

climate conference but delegates failed to agree on key issues like how to regulate carbon markets 2 days have this after the summit was scheduled to end delegates did manage to reach agreement on some of the contentious points. tensions flaring again in hong kong pro-democracy demonstrators and police clashed in shopping malls several posters have been arrested our correspondent is on the scene with the latest. down to syria's a green and gold will take a look at how european the man for some syrian products is growing like traditionally made natural so from the war torn aleppo. i'm sumi so much going to thank you for joining us marathon the u.n. climate talks in madrid are ending with agreement on some key points but the most contentious issue still unresolved after more than 2 weeks negotiators have failed to deliver a firm agreement on how to handle carbon markets were big emitters can buy the right to pollute from countries that emit less than their fair share of delegates from almost 200 countries past declarations calling for ambitious climate protection targets a decision on

because a big tree might store three tons of carbon, four tons of carbon — it's a lot of carbon.well. they form the most vibrant habitat on earth, home to an extraordinary tenth of all species in the natural world. some of them unnerving. others, adorable. they are so wonderful. it's so full of life, it's so full... ..just so beautiful, and to lose it... it's never going to come back again. we're never going to be able to build an amazon. it's going to be gone forever. so once it is gone, it's just gone, we can't rebuild it. it's not a building. field by field, this whole region is being transformed. and it's triggered a barrage of international criticism of brazil. our research shows how easily and rapidly trees can be wiped out. and the brazilian government is now saying to the outside world "pay us to keep the forest". in the meantime, the onslaught on the trees continues. and it can be dangerous asking awkward questions, as i hearfrom thisjournalist and charity worker, gabriel oshida, as we travel through land that was forest. the landscape we're driving through looks very ch

reach agreement on some contentious points but they failed to agree on key issues such as regulating carbon markets. tensions flare again in hong kong pro-democracy demonstrators and police clashed in shopping malls several protesters have been arrested our correspondent is on the scene with the latest. and china and the u.s. death back from the brink of an all white i'll trade war that could have hurt global economic growth they put their plans for tariffs on hold and just ahead of the deadline. a mixed feister thanks for joining us. marathon u.s. u.n. rather climate talks in madrid have ended with agreement on some key points but the most contentious issues remain on resolved after more than 2 weeks negotiators failed to deliver a firm agreement on how to handle carbon markets that's where big emitters of greenhouse gases can buy the right to pollute from countries that emit less than their quota our fair share so the delegates from almost 200 countries passed declarations calling for ambitious climate protection targets but the critical decision on rules for regulating carbon emissions w

certainly, the nature conservancy supports a carbon price, a carbon tax, mechanism to adopt that, but climate change is already baked into our system. physical impacts are already occurring. impactse risks of those are not being born out with financial markets and that has to do with the lack of disclosure, a lack of analysis. the rating agencies are beginning to take on capacity to look at these fiscal impacts, but they failed to mainstream their ratings into core, financial ratings. fcc cast a large whether thebt over filing should include these risks, and that is a huge mistake. there is another set of risks we have not talked about yet, what are transition risks, which are associated with markets, technologies, and governments moving away from a fossil fuel-based economy. asset ins a risk for the economy that are largely greenhouse gas-emitting. that is another kind of risk than investors need to be looking at an insurance companies or principal investment verse -- or principal investors in this regard. we need to do a lot more with regard to the financial risks. this is a big are

to account for potential benefits to society to lower carbon emission and to the carbon required gas emissions so first let me give a little history. in 2009 i convened the interagency working group to determine a governmentwide value. in 2016 the government estimated social cost at $50 per ton of co2. since its inception has been used as a foundational tool to have 150 federal regulations with energy efficiency but to date the benefits conclude the total cost of carbon have risen but there are several reasons that it is too low and as a consequence undermines the well-being of the american people. number one in 2018 the trump administration instituted a smaller social cost of one or seven dollars compared to 50 based on two faulty assumptions it uses an appropriately high discount rates that are not supported by economic theory or financial markets. second it doesn't account for those damages outside of the united states and other countries do not take emission cuts to benefit us citizens. the special role of global diplomacy can produce demonstrable benefits for citizens and we are

want to be carbon neutral in 2050 many companies many. managers banks that really are committed to climate action what i'm disappointed with those that did not commit and unfortunately we still have a serious problem with the biggest emitters you can hear right there from the head of the u.n. prepare for plenty of naming and shaming over the next 2 weeks will it be enough to compel countries to take action and do what they have already promised to do we take a look now at what is at stake in madrid. there is no sign of a slowdown and greenhouse gases concentrations in the atmosphere that are known a decline that is according to a recent study by the united nations if this trend continues experts say the result will be disastrous future generations will be confronted with even higher temperatures droughts floods storms and wild files will become more severe and more frequent. after a year of protests the pressure on governments is mounting scientists are also urging governments to act they say that countries should increase their carbon re

carbon pricing that is pegged or formed social cost of carbon using the best available evidence along with robust rd&d funding will deliver the inexpensive reductions in co2 emissions that are necessary today and in the future. thank you. >> thank you, dr. greenstone. mayor benjamin, you are recognize fsays for five minute of comments. >> mr. chairman, thank you and ranking comer and the members of the subcommittee for the opportunity to testify. obviously we have -- condolences on the loss of our chairman, representative cummings. his son of south carolina with south carolina roots. we all miss him a great deal. my name is steve benjamin. i have the pleasure of serving for the last ten years as mayor of columbia, south carolina. a thriving and diverse city in the center of our great state. in addition to serving as our state government, we also host nearly 50,000 students attending the university of south carolina, columbia college, and allen university and benedict college. also the proud home to ft. jackson, the army's largest training senior which trains approximately 45,000 soldi

so interestingly actually both of those economies do have some form of carbon pricing in place at the moment we have $40.00 countries around the world and $36.00 states are provinces which have some form of carbon pricing in place now today or of how to put it in place they haven't scheduled that includes the whole economy in china in the u.s. of course it's been a very difficult issue at the federal level there's been a lot of discussions about carbon pricing bills here at the federal level the work of thing action there but where we are seeing action is at the subnational level that we now have $10.00 u.s. states which have carbon pricing in place and another 3 that are looking to add it in the coming in the coming year or so so i think carbon pricing a is it is an absolutely not it's definitely not enough that we're not there yet and in most places where we have carbon pricing the prices of the moment are to love that being said we are seeing them rising and a number of countries in regions and we're seeing a much wider spread so i'd say it's really all the i wouldn't say we're the

special it is on the verge of becoming the 1st carbon neutral certified coffee plantation in india but that involves more than just the plantation the town that set itself an ambitious 21st. since we. got out of the world confronts global warming and climate issues we have started a carbon neutral program people tend to think of development in terms of infrastructural development like building roads bridges and airports we will include the environment. since 2016 minute that he has become something of a climate science lab the local government here is working with a vital interest groups to figure out how the town's net carbon footprint can be brought down to 0. this is significant for india a country that is the world's 4th largest wind house gasometer. when the project began many of the 34000 residents of minot that he didn't know what global warming even meant. but they deemed that things were changing. they've all been affected by climate change and weather patterns environment are not what they used to be i am not used to have a natural is seen but now we can't sleep without using

it has set itself the ambitious deadline of becoming india's 1st carbon neutral town by 2020 we travel to meaning that if you take a look at how far the fuck. loves his evening stroll around discuss the plantation you're gonna cheat guru buster coffee grows even speciality in the sudden students. this is very robust we can't the number of clusters on each branch. but so are you for the best coffee harvest there should be turkey nobody's clusters on each. dish and in the queen special it is on the words. becoming the 1st carbon neutral certified coffee plantation in india but that involves more than just the plantation the town that set itself an ambitious 21st century goal. it got out of the world confronts global warming and climate issues we have started a carbon neutral program people tend to think of development in terms of infrastructural development like building roads bridges and airports we will include the environment. since 2016 minute that he has become something of a climate science lab the local government here is working with a vital interest groups to figure out how the

first extract carbon dioxide from the atmosphere known as carbon dioxide removal and 2nd reflect solar energy to prevent further heating called solar radiation management let's start with number one. a whole range of measures are being discussed on the one hand things like reforestation. trees absorb c o 2 from the atmosphere as they live and grow and when for 3rd preserved they can act as a carbon sink. and then there's the high tech version of that technology that would suck the o 2 out of the air like an artificial tree that c o 2 would need to be stored somewhere and for that we'd use geological storage. that's the big problem where to put the c o 21 idea is to store it underground. small test facilities already exist but there are concerns this music would have posted the risk or what people might worry about is that this. c o 2 might escape not necessarily in huge amounts but enough to negate the mitigating effect effect recent studies suggest that this is a fairly small risk. when it comes to solar geo engineering there are also various ideas under discussion the most common one

of thousands of delegates all they were especially when you consider the elephant in the room the carbon footprint of this conference where nearly everyone flew in from across the world including me. welcome to planet says oh yes this is called 25 that is to say the 25th time in 25 years that thousands of scientists politicians n.g.o.s yes members of the press have congregated to grapple with this issue that threatens us all that is climate change things they move fast in climate politics on the agenda this time around some of the most politically charged left overs from last time that they're still trying to grapple with 1st up the rules on how the world trades in carbon then there's the delivery of a climate fund to help the world's poorest nations develop in a planet friendly way and then how to safeguard the world's most vulnerable people from the effects of climate change and finally and perhaps most importantly how to encourage nations to cut emissions that it driving up global warming there's a lot at stake here the last 5 years have been the hottest on record sea levels are the h

remaining carbon dioxide. is produced. limestone and other materials are heated to temperatures of 1400dc in that process in itself emits carbon dioxide. as does the burning of the fuel to heat the kiln. dalmia aims to reduce those levels first by using renewable fuels to heat the furnaces. here, bamboo is being used asa furnaces. here, bamboo is being used as a replacement for coal. bamboo grows rapidly on wasteland that can't be used for much else. different types of waste are also being used as fuel and waste material from power stations being used as fuel and waste materialfrom power stations is added to the mix of ingredients, reducing the need for limestone. for mrsingh, the reducing the need for limestone. for mr singh, the mission is personal. first we had to convince ourselves and our pete pulled that it is good for them that make people that it is good for them. good for society, good for them. good for society, good for the future. that may be so, but why not just useless good for the future. that m

carbon dioxide.ing? well, the boss of one indian cement company says, yes, we can. he claims he's already cut emissions from his factories by 40% of the world average and he says he's going to make his factories carbon neutral by 2040. rajini vaidyanathan has been to see him in south india in tamil nadu. as india grows, so too does its use of cement, now only second to china. concrete buildings are changing the landscape here. but emissions involved in cement production are also pushing up global temperatures. the small town of ariyalur in india's south is nicknamed ‘cement city‘ because it is home to some of the industry's big players. and it is also here that one company is leading the world with a bold vision. to make cement carbon negative by 2040. but is that really credible? mahendra singhi, the ceo of the dalmia cement company certainly thinks so. he is at the forefront of using climate friendly ways to make cement. the challenge which we took was is it possible to bring down co2 emissions fro

carbon dioxide.people who make air—conditioning units to use something safer and, in the process, reduce temperature rise by half a degree centigrade? that would be, well, pretty cool, wouldn't it? hannah long—higgins in the united states has been to meet a man who has done just that. for this man, solving the problem of climate change isn't a matter ofjust tackling one issue. if we don't solve this problem we won't be able to solve the other problems of poverty, of peace. this is going to overwhelm everything. but what will it take to move the planet away from the brink? so we have to prioritise what will give us the fastest way to avoid warming. this has to become a new metric, the metric of speed. and his idea for speeding things up — your air—conditioning unit. we are able to avoid up to half a degree celsius of future warming and we can double that by making cooling equipment super efficient. i grew up in the ‘60s. i was at berkeley as an undergraduate, protesting, and i learned that students an

as the world confronts global warming and climate issues we have started a carbon neutral program but people tend to think of development in terms of infrastructure development like building roads bridges and airports we will include the environment. since 2016 minutes that he has become something of a climate science lab the local government here is working with the vital interest groups to figure out how the town's net carbon footprint can be brought down to 0. this is significant for india a country that is the world's 4th largest wind house gasometer. when the project began many of the 34000 residents of me not that he didn't know what global warming even meant. but they didn't that things were changing. they've all been affected by climate change and weather patterns environment are not what they used to be my analogy used to have a natural a scene but now we can't sleep without using electric air conditioning. but that. the emissions produced by plant support households. and that's in the town are already being partially offset by biodome us forests that surround me not getting.

they never mentioned carbon monoxide. in 2016, the hotel management company pled guilty to three counts of involuntary manslaughter. the hotel in boone, north carolina is is now under new ownership. incredibly, only 15 states have laws or regulations requiring carbon monoxide terkdeterminate hotels. >> had i known six years ago they weren't required in hotels i would have had one. >> reporter: of course another source of carbon monoxide, fire. >> there's always more fires during the winter holidays because of increase use of candles, heating. the major causes of fires ramp up at this time of year. >> reporter: how fast a fire can overtake a home is evident in this demonstration we did at the delaware county training center outside philadelphia. with the help of ul, the company that sets the safety standards for smoke alarms we constructed a house and lit it on fire. everything in this room is synthetic, made out of oil. 30, 40 years ago everything might have been naturally made. now it is going to be much more flammable.

recently we sat down with an old friend of the carbon grip and peter no wiki the very 1st recipient of the bar charts and fellowship program it's been years since we've caught up and during our time we discussed the carbon venture its goals and the legacy of our child and. so shane we go way back and we were just talking we haven't seen you since 2016 and a lot has changed so catch us up a little bit what's carbon and what's new with carbon and the bar chelton fellowship what's going on there oh absolutely so yeah it has been a while and actually the last time we saw each other was actually was kind of the birth of carbon and even my own partners don't realize that so i met somebody very special that night that became my inspiration to kind of come up with this idea of elevating humanity through redefining capitalism so carbon was created as an impact holding company so essentially looking at proven businesses that are already profitable that are already figured out what works and what doesn't and working with those entrepreneurs to help them scale and doing so in a fashion we called c

carbon dioxide. who make air—conditioning units to use something safer and, in the process, reduce temperature rise by half a degree centigrade? that would be, well, pretty cool, wouldn't it? hannah long—higgins in the united states has been to meet a man who has done just that. for this man, solving the problem of climate change isn't a matter ofjust tackling one issue. if we don't solve this problem we won't be able to solve the other problems of poverty, of peace. this is going to overwhelm everything. but what will it take to move the planet away from the brink? so we have to prioritise what will give us the fastest way to avoid warming. this has to become a new metric, the metric of speed. and his idea for speeding things up — your air—conditioning unit. we are able to avoid up to half a degree celsius of future warming and we can double that by making cooling equipment super efficient. i grew up in the ‘60s. i was that berkeley as an undergraduate, protesting, and i learned that students and yo

cycle drawing carbon dioxide down from the atmosphere through plants and trees and storing it in the soil but we're destroying it in august the i.p.c.c. that's the u.n. body charged for the setting the science on climate change found the lands ability to sustain life is declining scientists reinforced what many farmers in vulnerable communities already know that global warming is obsessing food systems reducing harvests and intensifying poverty and hunger but our land practices a making the impacts of climate she. change much worse one 3rd of the planet's ice free land is degraded due to deforestation agriculture and other land uses which together account for nearly a quarter of greenhouse gas emissions the i.p.c.c. says action taken now to allow alliance regenerate is vital in tackling the climate crisis protecting biodiversity and securing our future food and water supplies and this is going to mean a radical rethink of our relationship with the land and a moment we'll look at efforts to regenerate landscapes but 1st ways of living off the land in a sustainable way one mechanism is

it will be offsetting its carbon emissions. already doubled, we have the largest carbon offset programme in the world. 10% of our customers at modest .com offset their carbon emissions. we have said we will match that dollar for dollar from three weeks ago and by 2050 we will be net zero carbon emissions by investing in sustainable aviation fuels and offsetting. reports say you are about to cutjobs just before christmas. is that true? like in everything we do, we are hiring in areas and cutting back on areas. we are hiring hundreds of pilots, cabin crew and ground staff, and there are some areas which are back office stair areas where technology is replacing jobs, where artificial intelligence is coming in. it is interesting you mention ai. do you expect the technology to replace a lot of your employees?” expect the technology to replace a lot of your employees? i think it will in the future. a lot of people, for example, used to ring call centres to make aircraft bookings, and now people do it themselves on the internet. they