CLIMATE CHANGE

House passes landmark climate change bill

President Barack Obama scored a major victory on Friday when the House of Representatives passed legislation to slash industrial pollution that is blamed for global warming.

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

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

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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Opposition to cap-and-trade grows in U.S.

Three-quarters of Americans believe the U.S. government should regulate the release of greenhouse gases from cars and factories to reduce global warming, according to a Washington Post-ABC News poll.

U.S., Canada must do more in climate fight -France

The United States and Canada must do more than currently proposed to tackle greenhouse gases, France says in a position paper ahead of global climate talks in Copenhagen this December.

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.

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.

Australian Senate poised to defeat carbon laws

The Australian parliament's upper-house Senate began debating plans for the government's carbon trading scheme on Monday with little sign the package of 11 bills will pass.

Russia offers climate goal with no real bite

Russia plans to release 30 percent more greenhouse gases by 2020 under an emissions target scheme announced on Friday by President Dmitry Medvedev.

New York sign counts global greenhouse gases

Deutsche Bank lit a seven-storey-high sign in the middle of Manhattan on Thursday that counts the total amount of greenhouse gases trapped in the Earth's atmosphere.

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.

EU won't give financial figures to fight climate change at summit

The European Union did not say today how much it would contribute to fight global warming in developing countries but identified its guiding principles for doing so during a summit in Brussels.

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.

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.

U.S. climate report details energy, agriculture harm

Climate change has already caused visible impacts in the United States and poses particular risks to the U.S. agriculture and energy industries, a new government report said on Tuesday.

U.S. report to press case for quick moves on climate

The Obama administration's top climate change scientists will unveil a report on Tuesday that details the impact of global warming on the United States and argues for fast action against it.

Mexico seeks low-carbon growth path with $500M aid

Mexico now is embarking on a comprehensive strategy to cut emissions and reduce energy use while also potentially putting the Mexico economy on a low carbon growth path.

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.

Waxman-Markey bill is 'energy tax' Republican says

Republican Indiana Rep. Mike Pence on Saturday condemned a Democratic climate bill intended to cut emissions of greenhouse gases in the United States, calling it a national energy tax.”

Nations may form global CO2 market without U.N. deal

Rich countries may act on their own to reduce greenhouse gas emissions by developing a carbon market they hope will lure in poor nations even if U.N. climate talks get bogged down, experts said.

U.S. climate bill, U.N. pact seen more likely in 2010

The U.S. energy bill may not pass until next year, which could also delay an agreement to extend the Kyoto Protocol on cutting global greenhouse gas emissions until 2010, experts said on Thursday.

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.

Japan to cut CO2 emissions 15 percent by 2020: media

Japan will cut carbon emissions by 15 percent by 2020 from 2005 levels, Kyodo news agency said on Wednesday, a target greens and analysts say is not bold enough and could undermine global climate talks.

U.S. industry warns of high costs from climate bill

Energy prices, from fuel for interstate trucking to electric utility costs, would rise significantly under climate change legislation pending in the U.S. Congress, industry officials said on Tuesday.

Greens' U.N. climate advice: slash CO2, pay $160 billion

Environmental activists called on Monday for deep cuts in greenhouse gas emissions and for developed nations to pay $160 billion a year to help the poor as part of a radical new U.N. climate treaty.

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