Senator John Kerry, a leading architect of climate change legislation being drawn up in the U.S. Senate, on Wednesday said the bill will have tough controls to stop abusive financial market speculation on pollution permits that will be traded among companies.
The U.S. climate bill would give states that are heavily reliant on greenhouse-gas emitting fuels, like coal, more carbon credits on a per capita basis than those that use clean fuels, according to an analysis of the legislation released on Wednesday.
UN Secretary-General Ban Ki- moon on Wednesday pressed China's responsibility to lead the global fight against climate change, which, Ban said, was the major focus of his trip in Asia.
The United States and China, the world's largest emitters of greenhouse gases, signed an agreement on Tuesday that promises more cooperation on climate change, energy and the environment without setting firm goals.
India will unveil its first solar power target as soon as September, pledging to boost output from near zero to 20 gigawatts (GW) by 2020 as it firms up its national plan to fight global warming, draft documents show.
Rich countries should immediately mobilize billions of dollars in development aid to the poorest nations to win their trust in the run-up to global climate talks in Copenhagen, a draft EU report says.
United Nations Secretary General Ban Ki-moon urged China, one of the world's top two emitters of greenhouse gases, to become a global leader in the battle against global warming, the Associated Press reported on Friday.
The U.S. Senate's failure to hold to its early August deadline to pass a major healthcare bill could complicate another of President Barack Obama's top policy priorities: the fight against climate change.
Aid of $10 billion from rich nations would be a good beginning to launch a U.N. climate treaty due to be agreed in Copenhagen in December, the United Nations' top climate official said on Thursday.
A dual system of both national emissions caps and carbon trading schemes should play a central role in cutting global greenhouse gas emissions, a report commissioned by the British government said on Monday.
JPMorgan Powers Ahead, CIT Plummets, Cap and Trade and Jobs
A dramatic warming of the planet 55 million years ago cannot be solely explained by a surge in carbon dioxide levels, a study shows, highlighting gaps in scientists' understanding of impacts from rapid climate change.
U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke visit their ancestral homeland this week to press China to join with the United States in stepped-up efforts to fight global warming.
A G8 summit made scant progress toward a new U.N. climate treaty due to be agreed in December with some nations back-pedaling on promises of new action even before the end of a meeting in Italy.
U.S. President Barack Obama said at the G8 summit on Thursday there is still time to close the gap with developing powers on climate change, after the U.N. chief criticised the G8 for not going hard enough.
Leaders of the world's richest nations and major developing powers meet on Thursday to seek common ground on global warming and international trade, with the poorer countries seeking concessions.
A failure of major economies to set a target for halving world greenhouse gas emissions by 2050 at a summit in Italy is a setback to any agreement at a December climate change conference in Copenhagen.
G8 leaders believe the world economy still faces significant risks and may need further help, according to summit draft documents that also reflect failure to agree climate change goals for 2050.
Rich nations sought to persuade China and India on Tuesday to agree to a goal of halving world greenhouse gas emissions by 2050 at a summit of major economies in Italy later this week.
Democrats in the Senate on Tuesday began a drive to advance climate change legislation, a top Obama administration priority, amid warnings that a bill recently passed by the House of Representatives to reduce carbon emissions would have to be changed.
The U.S. Senate Environment and Public Works Committee began debating the climate bill on Tuesday with hearings from four high-ranking officials, U.S. Energy Secretary Steven Chu, Interior Secretary Ken Salazar, Agriculture Secretary Tom Vilsack and Environmental Protection Agency Administrator Lisa Jackson.
To fairly divide the climate change fight between rich and poor, a new study suggests basing targets for emission cuts on the number of wealthy people, who are also the biggest greenhouse gas emitters, in a country.
