Jim Kharouf
Lead Stories
Counting 'Outsourced' Greenhouse Gas EmissionsJohn M. Broder - The New York Times
One of the stickiest points in international climate change negotiations is how to account for carbon dioxide and other greenhouse gas emissions produced to make goods that are then sold for export. Should the producing country be held to account for those emissions? Or does the consuming country bear some responsibility for counting those emissions?
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Asia seen as growth driver for voluntary CO2 market
David Fogarty - Reuters
Fear of Western-imposed carbon tariffs on goods and services from Asia is likely to drive growth in offsetting emissions by large firms in the region, a voluntary carbon market executive said.
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Concerns mount over vague Japanese climate billJames Murray - BusinessGreen
Carbon traders and green businesses are increasingly concerned that Japan's planned emissions trading scheme could be watered down after the government released a draft climate bill that provided few details of how the proposed initiative would work.
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South African minister tipped for top UN climate roleBusinessGreen
The South African government confirmed yesterday that it has nominated the country's tourism minister, Marthinus van Schalkwyk, to replace Yvo De Boer as head of the UN Framework Convention on Climate Change (UNFCCC) when he steps down in July.
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The View From Big Oil WSJ
These days, giant oil companies find themselves trying to balance two big pressures on their business. Governments are trying to slash carbon emissions--but the world's thirst for oil is growing by leaps and bounds. Peter Voser, chief executive officer of Royal Dutch Shell PLC, is navigating the situation by joining a business-backed effort to push for global-warming laws, and making sure Shell has a strong exposure to natural gas and alternative fuels.
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Business leaders blast Congress for cap-and-trade indecisionDanny Bradbury - BusinessGreen
Power company executives expressed their frustration at Congress last week, urging political leaders to resolve the debate over carbon pricing even as plans for cap-and-trade legislation appeared to wither on the vine.
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Businesses will save $700m by cutting emissions: report Adam Morton - The Age
CLAIMS that even small greenhouse gas targets will hurt big industry have been undermined by a government report that found basic efficiency improvements could cut national emissions and save businesses more than $700 million.
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THE REPORT:
Energy Efficiency Council
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EPA defends greenhouse gas capsLisa Lerer - Politico
Environmental Protection Agency Administrator Lisa Jackson Monday defended controversial new rules that would slash greenhouse gases across the economy, taking on critics from both sides of the aisle who want to delay the regulations.
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U.S. EPA has submitted the first piece of its suite of greenhouse gas rules to the White House for review, a signal that the agency is on schedule to finalize its first regulations to curb the heat-trapping emissions.
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Supreme Court Won't Review Decision That Closed EPA Emissions 'Loophole' Gabriel Nelson - Greenwire
The Supreme Court declined today to review a lower court's ruling prohibiting U.S. EPA from suspending normal emissions standards for major pollution sources during "startup, shutdown and malfunction" (SSM) periods.
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Democrats to Turn Spotlight on Energy Efficiency Programs This Week Katherine Ling - Greenwire
Democrats will turn the focus to energy efficiency standards and incentive programs this week with hearings in the Senate and House energy panels.
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IMF suggests how to raise climate change funds
Tom Malti - AP
The head of the International Monetary Fund on Monday proposed a plan for the world's governments to pool together to raise money needed to adapt to climate change, a rare step for an organization that normally does not develop environmental policies.
http://jlne.ws/bAPYV0
IMF Plans Fund to Help Rich World Meet Climate Pledge
Bloomberg
Dominique Strauss-Kahn, head of the International Monetary Fund, said the organization is devising a "green fund" that would help rich nations meet their Copenhagen pledge to raise $100 billion a year by 2020 to tackle the effects of climate change.
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World Bank split over controversial "clean coal" investmentCath Everett - BusinessGreen
In what could prove a precursor to future rows over climate funding for developing countries the UK and US have reportedly threatened to withhold support for a World Bank loan intended to help South Africa build a new coal-fired power station.
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Sydinvest "green themes" fund eyes U.S. and China
Reuters
U.S. and Chinese economic stimulus measures are likely to focus on energy efficiency and renewable energy, according to fund manager Sydinvest, which took a stake in a U.S. alternative fuel components company last month.
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Investors Sour on These Stocks, So I Like Them: John Dorfman
Bloomberg
Solar-energy stock prices have been falling for about two years.
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Are we really going to let ourselves be duped into this solar panel rip-off?
George Monbiot - Guardian
Those who hate environmentalism have spent years looking for the definitive example of a great green rip-off. Finally it arrives, and nobody notices. The government is about to shift £8.6bn from the poor to the middle classes. It expects a loss on this scheme of £8.2bn, or 95%. Yet the media is silent. The opposition urges only that the scam should be expanded.
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