Climate

Emissions Intensity Falling Globally

Emissions intensity, the amount of carbon generated from fossil fuel use per unit of gross domestic product (GDP), fell globally in all but two years between ...

Carbon Trading Could Trigger a ‘Sub-prime Style’ Economic Crash

Plans to expand carbon markets at UN climate talks this December could trigger a second 'sub-prime' style financial collapse and fail to protect the world ...

Peabody, Exxon Accused of Undermining Climate Talks

Negotiations for a new climate treaty in Copenhagen this December are being blocked by a multi-national backlash led by fossil fuel industries and other heavy ...

China Pushes for CO2 Storage, Not Emissions Reductions

The head of the U.S. delegation at U.N. climate talks in Barcelona this week says China should cut its greenhouse gas emissions in half by 2050, ...

U.S. Export-Import Bank Adopts Carbon Policy to Support Renewable Energy

The Export-Import Bank of the United States (Ex-Im Bank) says it is the first Export Credit Agency (ECA) to adopt a comprehensive Carbon Policy ...

One Committee Down for Senate Climate Bill, Five More to Go

All seven Republicans in the Senate Environment and Public Works Committee boycotted voting on the Senate climate bill, allowing the bill pass to pass ...

EU Poised to Give Heavy Industry Free Carbon Permits

European industries including metals, building materials, textiles and ceramics will benefit from free carbon permits, starting in 2013, under the EU's Emissions Trading Scheme. Operators in those ...

U.S. Cap-and-Trade Creates Winners and Losers among Largest Emitters

Under the Kerry-Boxer cap-and-trade bill, ExxonMobil would face an annual charge of $5.9 billion to purchase carbon allowances, while electricity giants like Exelon and Pacific Gas ...

Despite Critics, Gore ‘Proud’ to Invest in Green Firms

Responding to criticism that his investments profited richly from the stimulus package, Al ...

Partisan Bickering Puts Climate Bill in Jeopardy

A key U.S. Senate panel, controlled by Democrats, will begin debating a climate change bill this week despite a planned boycott by minority Republicans who demand ...

Canada Can Meet GHG Emissions Targets, While Growing Jobs, Economy

Canada can meet targets to reduce global warming pollution, while growing jobs and its economy, according to an economic modeling study commissioned by the ...

Climate Change Mitigation in Developing Countries Presents Financing Challenges

A new global deal on climate finance will significantly redistribute power, responsibility and accountability between traditional donor and recipient countries, according to a new study released ...

Forests Carbon Offsets Endangered by New UN CO2 Credit Plan

Some forest carbon-dioxide credits under a new UN forestry climate agreement may be worth less after text that protected forests was removed last month, according to ...

U.S. Airlines Lobby Feds to Oppose Global Aviation Emissions Tax

The Air Transport Association fired off a letter to Todd Stern, the U.S. Climate Change Envoy, requesting that the U.S. stand against a ...

Climate Change Poses Threat to Oil, Gas Industry

About three-fourths of global oil and gas firms say they believe that climate change could cause business downtime, system failures and safety risks, yet just 19 ...

Carbon Registry Bolstered by Credit Transfer System

The Voluntary Carbon Standard registry system is now able to transfer carbon emission offsets across different registries, after several months of delays due to technical ...

Global Climate Talks Set Carbon Offsets in Motion, Market May Quadruple by 2015

The success of the emerging global carbon market rests on the outcome of the Copenhagen Climate Conference in December, according to a report from market researcher ...

Senate Democrats Pushing For Climate Bill Markup Next Week

Despite Republican pleas to slow down on the Senate climate bill, Democrats on the Environment and Public Works Committee are hoping to mark up ...

Keeping Climate Momentum Up, Obama Woos Business Execs

To rally support for cap-and-trade legislation and other climate bill aspects, President Obama met with more than 100 business executives at the White House ...