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LONDON (Reuters) – World energy consumption will rise rapidly over the next 20 years, pushing up costs and increasing greenhouse gases, unless a deal is reached to curb carbon dioxide emissions, the International Energy Agency (IEA) said on Tuesday.
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| Sourced From Bloomberg.com |
Sept. 22 (Bloomberg) — General Electric Co. and BP Plc are demanding governments enact regulations to cut emissions blamed for global warming to create new investment opportunities and stave off the growth in pollution.
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| Sourced From Online.wsj.com |
L’AQUILA, Italy — The Group of Eight leading nations agreed Wednesday to cut their emissions of heat-trapping gases 80% by 2050, but failed to reach an accord on shorter-term targets — a setback that could have repercussions for a major meeting on climate change in Copenhagen later this year.
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| Source From France24.com |
With their “entente formidable” and smiles appearing to signal an end to earlier antagonisms between their two countries, Prime Minister Gordon Brown of Britain and President Nicolas Sarkozy of France promised continued close cooperation on the world economy and climate change as they met in the French Alpine town of Evian-les-Bains on Monday to prepare for the G8 summit in L’Aquila, Italy on July 8-10.
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BRASILIA (Reuters) – Brazil wants historic emissions to be the basis for greenhouse gas pollution targets, slated for discussion during December climate talks in Copenhagen, Brazil’s top climate negotiator said in an interview.
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During a recent meeting of the environment, ministers of EU member countries sidestepped the issue of declaring carbon dioxide a pollutant. While the ministers agreed on a proposal to reduce industrial pollution, various environmental groups criticized the ministers’ inaction on what seemed an essential and significant decision in Europe’s fight against climate change.
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House bill requires 15 pct renewable power by 2020
* Obama, green groups wanted 25 pct renewable by 2025
* Lawmakers fear saddling voters with higher power bills
WASHINGTON, June 29 (Reuters) – The renewable energy mandate in the climate change bill approved by the U.S. House of Representatives last week does not go far enough for green power proponents, but the proposed national standard is likely as strong as it will get.
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| Sourced From Examiner.com |
Biggest compromise carbon plan delayed until 2012. In the biggest set back fro the carbon cap and trade bill passed on the floor of the House Friday is the delay of implementation until 2012. EPA could have a program up and running in the next 18 months by mid-2010. Of course, Obama and the House know 2010 is the mid-term Congressional elections and don’t want to lose votes over increased cost to households, business and the economy right before a key test of public sentiment toward Obama’s and the Democratic Congress’ policies in the first two years of Obama’s reign. In addition, the CERCLA or Superfund program which expired early in the Clinton White House won’t even come up for re-authorization until late 2010 or 2011.
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| Sourced From Businesswire.com |
SACRAMENTO, Calif.–(BUSINESS WIRE)–In a sign that even skeptical companies are “getting” the climate risk message, five firms have agreed with the California State Teachers’ Retirement System (CalSTRS) to improve their greenhouse gas disclosure.
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| Sourced From Media-newswire.com |
(Media-Newswire.com) – EAST LANSING, Mich. — Michigan State University scientists are combining sustainable forest production with emerging carbon markets in a unique effort to help some of the world’s poorest people grow trees that will boost their standards of living and slow climate change.
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| Sourced From Theaustralian.news.com.au |
COALITION MPs have urged the Rudd government to amend its emissions trading scheme further to ensure proposed US emissions laws do not disadvantage Australian farmers.
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| Sourced From Bloomberg.com |
June 29 (Bloomberg) — E.ON AG, Germany’s biggest utility, will become more selective when it sponsors projects to reduce greenhouse gas, its chief executive officer said.
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| Sourced From Finextra.com |
Chicago Climate Exchange announced today that MF Global Market Services LLC, a subsidiary for MF Global (NYSE: MF), has joined the Exchange as an Offset Aggregator.
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WASHINGTON, June 28 (Reuters) – U.S. President Barack Obama on Sunday called a House-passed climate change bill “an extraordinary first step,” but spoke out against a provision that would impose trade penalties on countries that fail to cut greenhouse gas emissions.
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| Sourced From Nasdaq.com |
CHICAGO -(Dow Jones)- IntercontinentalExchange Inc. (ICE) on Tuesday reported that it had taken a 4.8% stake in Climate Exchange plc (CLE.LN), the operator of emissions trading platforms in the U.S. and Europe.
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