CLIMATE CHANGE

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Cap and trade bill passes in U.S. after historic vote

The U.S. House of Representatives passed the American Clean Energy and Security Act also referred as the cap and trade bill, in a historic vote on Friday to advance climate legislation that President Barack Obama has promoted during his administration to put the country into a clean energy economy path.

Pelosi voices optimism about 'cap and trade' vote

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As President Obama announced Friday that climate change legislation as enormous progress in the U.S. Congress history, the House Speaker Nancy Pelosi said the 1,200-page environment and energy bill will pass following a successful test vote earlier on Friday.

Climate change bill pending in House

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The U.S. House of Representatives is expected to vote on Friday on climate change legislation that is a high priority of President Barack Obama and Democratic leaders in Congress.
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Energy execs give climate bill grudging support

A grudging acceptance of the U.S. climate change bill among energy industry executives and some environmentalists only reinforces the notion that a compromise ensures nobody's really happy.
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Obama urges passage of historic climate change bill

Democrats in the U.S. House of Representatives, urged on by President Barack Obama, announced progress on Tuesday toward quick passage of legislation to fight global warming by reducing industrial emissions of carbon dioxide.
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Japan's SMBC taps into CO2 credit broking business

Sumitomo Mitsui Banking Corp (SMBC) has expanded its carbon credit business by starting proprietary trading to stock credits for corporate customers, the bank said on Tuesday, becoming the first Japanese bank to do so.
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EU must act now to hit energy saving goal: report

The European Union is likely to miss its target of cutting energy consumption by a fifth by 2020 unless it takes bolder action, the European Commission said at the start of a public consultation.
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Holes seen in U.S. climate bill's consumer shields

The U.S. climate bill would not do enough to protect consumers from future energy costs and gives away too many permits to power and natural gas distribution companies to pollute with carbon dioxide, environmental groups said.
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Bluenext edges towards China emissions exchange

French emissions exchange BlueNext has taken its first step toward a carbon trading platform in China with a deal to offer its clients a database of Chinese carbon-cutting projects, its chairman said on Thursday.
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Australian companies accused of carbon deception

Some of Australia's biggest corporate names, including resource giants Rio Tinto and Woodside, may be investigated by consumer regulators over complaints they have been deceptive on climate change.
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Japan sets 2020 climate target

Japan unveiled plans on Wednesday for greenhouse gas cuts over the coming decade only marginally deeper than its current U.N. commitments, a step green groups say threatens to deal a blow to global climate talks.
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Cargill sells emission offsets for first time

Cargill said Monday it had sold greenhouse gas emission offsets related to its beef-processing plant in the Canadian province of Alberta, marking the first time the grain company has sold the environmental credits.

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