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/ 2 November 2007
The United States on Thursday took a first step towards mandatory controls on greenhouse gas emissions, in direct defiance of the Bush administration’s policy on climate change. The vote in a Senate subcommittee marks the first US move towards European-style policies.
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/ 2 November 2006
Alarmed by the results of a new study, United Nations experts on climate change are urging the world’s industrialised nations to introduce further cuts in greenhouse-gas emissions. The industrial world’s emissions of greenhouse gases are growing again, they said in a report released this week.
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/ 26 October 2006
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.
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