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
Cap And Trade
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US Power Utilities Hail Carbon Bill Compromises
US electricity generators support compromises being reached by Democrats in the House of Representatives on proposed climate legislation, saying the changes would soften the impact on power bills.
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US House Democrats Near Agreement On Climate Bill
Democrats in the US House of Representatives neared an agreement on a climate-change bill on Tuesday and said they expected to approve it soon. "Our goal is to finish this bill by the close of business next week on the House floor," Representative Edward Markey, chairman of a House Energy and Commerce subcommittee, told reporters.
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Republicans Push Changes To US Climate Bill
Republicans in the US House of Representatives on Wednesday vowed to push for major changes to a climate change bill that could move through a key committee next week, including a proposal to count nuclear power as a clean energy alternative.
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Bill Clinton in call on climate bill
The US Congress must pass a "strong" climate change bill before the global warming summit in Copenhagen this December if it is to have a chance of persuading China and India to sign up to a new treaty, says Bill Clinton.
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US set for compromise bill on emissions
Democrats in the US House of Representatives are expected to announce a compromise move on Wednesday that would give the go-ahead to a bill to tackle global warming. Success would beat expectations in a political climate increasingly hostile to cap-and-trade.
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US Climate Bill Unlikely To Pass This Year - Experts
US climate change legislation is unlikely to pass this year due to concerns about the recession and contention over the implementation of the program, according to energy and carbon market experts. The current cap-and-trade proposal, introduced by US Representatives Henry Waxman and Edward Markey, would cap carbon emissions and require industry to pay for every ton of greenhouse gases.
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Australia Govt Rejects Coal Compensation Report
Australia's government shook off on Friday coal industry warnings that 10,000 jobs would be lost and 16 coal mines forced to close unless a planned national carbon emissions trading scheme was dramatically overhauled.
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Obama Budget Sticks To Auctioning All CO2 Permits
President Barack Obama's $3.55 trillion budget, released on Thursday, retains his plan to cut climate-warming carbon dioxide emissions by auctioning off 100 percent of emission permits to industries.
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The Climate Debate Heats Up
Earlier this week, and not a moment too soon, President Obama put the weight of his office behind a bill that aims to reduce the nation
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Pumping CO2 Underground Best Hope For Climate: Shell
Projects to capture industrial emissions and store them in the earth's crust could cut CO2 pollution by up to 40 percent, according to officials from oil major Shell. Carbon capture and storage (CCS) -- gathering CO2 emissions at their source and pumping them underground -- faces steep cost hurdles, but may someday be worth hundreds of billions of dollars a year, a Shell executive said.