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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.



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