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/ 26 October 2006

Morgan Stanley in $3-billion greenhouse gas push

Investment bank Morgan Stanley said on Thursday it planned to expand its carbon trading business through a -billion investment that includes projects related to reducing greenhouse gas emissions. The move marks a significant expansion of the bank’s existing carbon trading activities that it launched in 2004 within its commodities division.

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/ 25 August 2005

US states bypass Bush on greenhouse gas emissions

America’s north-eastern states are on the brink of a declaration of environmental independence with the introduction of mandatory controls on greenhouse gas emissions of the kind rejected by the Bush administration. Nine states are expected to announce a plan next month to freeze carbon dioxide emissions from big power stations by 2009