Environment
Greenhouse-Gas Pledges by China, U.S. May Drive Climate Deal in Copenhagen Pledges by China and the U.S. to set
numerical targets for their greenhouse-gas emissions through
2020 may reignite stalled progress for a global climate
agreement at negotiations next month in Copenhagen.
Biggest Emissions Market Will Be Steered by Hedegaard as EU Climate Chief Connie Hedegaard, named as the next
European Union climate commissioner, will oversee a possible EU
decision to force energy and manufacturing companies in the
world’s biggest greenhouse-gas market to deepen emission cuts.
Rudd Echoes Obama in Push for Senate Climate Deal Before Copenhagen Summit Australian leader Kevin Rudd is
struggling to force through legislation aimed at reducing carbon
emissions, as he flies to Washington for talks with President
Barack Obama on global warming.
Shipping Has `Trouble Building Behind Dam,' Ex-Baltic Exchange Head Says Ship prices may keep dropping for at
least another year because banks have not yet dealt with the
weaker loans they made to the industry, according to Michael
Drayton, a former chairman of the Baltic Exchange.
Sparx Group Aims to Raise as Much as $230 Million for Environmental Fund Sparx Group Co., Asia’s biggest
hedge-fund company, plans to raise 20 billion yen ($230 million)
for a fund aimed at investing in Japanese environmental
technology firms as mandates to cut carbon emissions spur demand.
China's Ruling Politboro Endorses Carbon-Intensity Cut Plan, Xinhua Says The politboro of the Chinese
Communist Party, at a meeting that had President Hu Jintao as
chairman, endorsed plans to implement cuts in carbon-emission
intensity, the official Xinhua News Agency reported today.