Today’s Climate: April 16, 2009

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Study: Emissions Cuts Can Lessen Climate Change (New York Times)

Cutting emissions by 70 percent by the end of the century would cause the Earth to warm by an average of about 2 degrees Celsius, versus 4 degrees at the current rate, the National Center for Atmospheric Research finds.

Australia Launches Global CCS Institute (Australian Broadcasting)

A global CCS institute launched today reflects how the hopes of Australia’s massive coal industry are riding on the success of capturing carbon emissions from coal-fired power stations and burying them underground.

Sempra, First Solar Look for Gold in El Dorado (Fortune)

Sempra Generation has signed a deal for the largest – and cheapest – U.S. photovoltaic power plant, a 48-megawatt solar farm planned by First Solar in Nevada.

UK Offers £5,000 Sweetener to Launch Electric Car Revolution (Guardian)

The UK is unveiling incentives of up to £5,000 (about $7,500) for buying electric and hybrid cars as part of a wider £250 million drive to promote better motoring.

Brazil’s Automakers Join Forces to Push Ethanol (Reuters)

The big four auto makers in Brazil joined forces with the Sugar Cane Industry Association in a campaign aimed at expanding the use of cane-based ethanol in flex-fuel vehicles.

Mismanagement Starves India of Clean Tech Cash (CleanTech)

Mismanagement and errors are preventing private investments in the Indian clean tech sector, a new report shows. Among the biggest problems is the lack of basic data on where wind resources exist.

Climate Change Can Boost Sea Level Rapidly, Fossil Record Shows (CBC)

The last time the Earth grew warmer than it is today, melting ice caused the oceans to rise at least two meters in 50 years, a new study published today in Nature of fossil corals has found. It could happen again.

Third-World Stove Soot Targeted in Climate Fight (New York Times)

Reducing soot – black carbon – from tens of thousands of villages in developing countries is a simple climate fix that scientists say should be pursued immediately.

Australia Cap & Trade Plan ‘Weak, May be Worthless’ (Reuters)

Australia’s planned emissions trading scheme might not be worth implementing without raising the upper limit of emissions cuts from 15 to 25 percent by 2020, the scheme’s architect said today.

‘Equity Gap’ Poses Challenge for Clean Tech (Business Green)

As growing number of clean tech start ups struggle to attract backers, could the UK be about to miss out on the much touted "low carbon boom"?

Big Business Has Plenty of Money for Attack Ads (Politico)

TV viewers are being deluged by ads paid for by corporations, unions, advocacy groups and individuals who have spent a whopping $270 million since Obama took office to fight the president’s agenda. Nearly half targets energy and environment.

Study Finds Rampant Greenwashing on Store Shelves (Reuters)

Just 2 percent of the growing number of self-proclaimed green products on store shelves make completely legitimate claims on their labels, a report by consulting firm TerraChoice Environmental Marketing says. The rest commit greenwashing sins.

US-Style Farming Traps India’s Farmers In Debt (NPR)

Studies show that the intensive farming methods India adopted from the U.S. and its government policies subsidize are destroying the soil, requiring huge amounts of water and gobbling up nutrients.

BYD Gets Warren Buffett Charged Up (Fortune)

Warren Buffett hasn’t just seen the car of the future, he’s sitting in the driver’s seat. Why he’s banking on an obscure Chinese electric car company and a CEO who – no joke – drinks his own battery fluid.