The chance of success for a second-round Kyoto Protocol rose, with the signing of a declaration in Washington this week of an agreement by representatives of the Group of 8 Leading Developed Nations and 5 Major Developing Countries (Brazil, China, India, Mexico and South Africa). Although the declaration is non-binding, the fact that representatives [...]

The sea-change in US politics last November with the Democrats taking a majority in the House of Representatives and the Senate may now be having an effect on climate change policy. The FT reports that many Democrat and even some Republican politicians are backing a cap-and-trade carbon emissions policy.
“Judged by the flurry of [...]