Banks Urging U.S. to Adopt the Trading of Emissions
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A group representing some of the worldâs leading banks will urge the U.S. to introduce a lightly regulated system for trading carbon emissions permits.
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The European Union's adoption of measures to fight climate change this week could set an example for the United States, China and India, German Chancellor Angela Merkel said on Saturday.
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Companies are looking for ways to cut down on greenhouse gases and save money on increasingly expensive gasoline.
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U.S. President George W. Bush, under fire for resisting tough action on global warming, on Thursday called on 15 influential countries to agree by the end of 2008 on a long-term goal to cut emissions.
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The United States is lining up with China, India and the world's other biggest polluters in opposition to mandatory cuts in Earth-warming greenhouse gases sought by the United Nations and European countries.
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The US tried yesterday to ensure that future additions to the Kyoto protocol on climate change should avoid committing nations to reducing their carbon dioxide emissions, a
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Bush administration officials set out Friday to convince the world it can cool the Earth with voluntary "processes," more cooperation and fewer barriers to trade among the U.S., China and other major polluters, contrary to the U.N.'s mandatory approach to global warming.
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A major climate change report prompts calls for urgent action, but the US rejects controls on emissions.
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The United States, facing international criticism for its rejection of the Kyoto Protocol, argued Tuesday it spends billions of dollars seeking new technologies to cut emissions of the greenhouse gases blamed for global warming.
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Seeking to bolster its credentials on global warming, the United States signed an agreement Tuesday with 13 other nations that calls for investing up to $53 million in companies that will profitably control emissions of methane, a greenhouse gas.
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Leaders from the energy industry call for a global carbon market to help tackle climate change.
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Four Senate bills offer market-based ways to reduce emissions of greenhouse emissions.
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President George W. Bush, under fire for resisting tough action on global warming, on Thursday called on about 15 influential countries to agree by the end of 2008 on a long-term goal to cut emissions.
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DAVOS, Switzerland  - The United States, realizing  it cannot defeat global threats like terrorism alone, must  cooperate to fight other planetary challenges like climate  change, British Prime Minister Tony Blair said on Wednesday.
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Avant-green market traders are going beyond mere carbon offsets. They've started buying up forests and rivers that keep the planet clean and diverse, and then selling shares in the natural services provided by these resources. Will it work?
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A Senate blueprint for tackling global warming would require power plants and vehicles to reduce their greenhouse gases by 70 percent. A chief sponsor said President Bush's approach of voluntary action will not meet the goal.
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A bipartisan commission that includes energy industry executives, environmentalists and academics will issue a report Wednesday that calls on the nation to adopt mandatory limits on greenhouse gas emissions linked to global warming, set stricter fuel economy standards and promote nuclear power, renewable energy and oil exploration.