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WARSAW (AFP) The world financial crisis must not become an excuse for backsliding on efforts to curb global carbon emissions, a top UN environmental official warned Thursday.
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WARSAW (AFP) The world financial crisis must not become an excuse for backsliding on efforts to curb global carbon emissions, a top UN environmental official warned Thursday.
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Given that the 110th Congress produced six carbon cap-and-trade bills and that President-elect Barack Obama has so far stood by his campaign rhetoric backing quick action on carbon, utilities executives and Beltway insiders have acknowledged that carbon regulation is coming in one form or another. We think this could have significant consequences for investors in the utility, energy, and transportation sectors.
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