Policing carbon markets
Carbon markets have emerged in recent decades as one of the most important tools for curbing industrial greenhouse gas emissions, but they present a number of novel enforcement challenges when compared
Carbon markets have emerged in recent decades as one of the most important tools for curbing industrial greenhouse gas emissions, but they present a number of novel enforcement challenges when compared
Landmark legislation to reduce US greenhouse-gas emissions advanced through a key committee on 21 May in the face of staunch Republican opposition.
Barack Obama
PRESIDENT BARACK OBAMA was emphatic during his campaign and after his election: The best way to fight climate change is to cap carbon emissions and auction off tradable permits to emit carbon.
US President Barack Obama is walking a tightrope on climate change -- and so far appears to be achieving a delicate balance. At Obama's urging, Congress is working on a bill to curb greenhouse gas emissions with a cap-and-trade system. The developed world is again looking to the United States to lead on the climate issue after eight years of Washington sitting on the sidelines.
A delegation of US lawmakers led by House of Representatives Speaker Nancy Pelosi will visit China in coming days to discuss international efforts aimed at reducing greenhouse gas emissions. Pelosi, a Democrat, said on Friday that a bipartisan group of House members will be on the trip. However she did not provide details.
The passage of the cap-and-trade bill through the committee stage has driven a wedge through the US environmental lobby, Fiona Harvey reports .
The House Energy and Commerce Committee, splitting largely along party lines, approved on Thursday the most ambitious energy and global warming legislation ever debated in Congress.
The United States and European Union can pay to transfer to developing countries more than three-quarters of proposed carbon cuts over the next decade, draft and approved rules show. That reinforces how rich countries may agree in December to tough targets to beat climate change, under a new treaty to replace the Kyoto Protocol, but avoid costly action themselves.
U.S. lawmakers pushing to include greater recognition for existing nuclear power in a national renewable energy standard failed to win new breaks for the industry when a U.S. congressional panel on Wednesday voted down an amendment to a controversial climate change bill.
US Congress is making a hash of climate change proposal Whether a climate change bill emerges from the US Congress this year is much in doubt. Most Republicans still oppose the very idea of reducing emissions of greenhouse gases. Democrats are less than united in their commitment to it, once forced to consider the implications. The signs are that if a bill does somehow pass, it will be ugly.