US President Bush is apparently urging other nations to join him in reducing GHG emissions.
In typically arrogant fashion, Bush has said that the US will hold meetings to decide on strategies, attempting to take charge of an already established system.
“The United States is in the lead,” he said.
“The world is on the verge of [...]

Although still very optimistic of the power of the G-8 on the environment, America is still critical of the Kyoto Protocol and is committed to tackling the environmental issue its own way, “setting targets in the context of national circumstances.”
They have consequently rejected the EU’s latest “all-encompassing” target on reduction of carbon emissions.
James Connaughton, chairman [...]

Economist Lawrence Summers has presented 4 steps for climate control. He (or his newspaper sub-editor) calls them practical, but given the political will and multi-national collaboration required, they do not appear all that practical.
“First, the US must engage in an energy efficiency programme that takes effect without delay and has meaningful bite. As long [...]

Several leading academic economists, writing in the Review of Environmental Economics and Policy Journal, have praised the European Emissions Trading Scheme, according to the FT.
“The economists, including Denny Ellerman of MIT, Barbara Buchner of the Fondazione Eni Enrico Mattei, Frank Convery, Joseph Kruger and William Pizer, said the European Union scheme should form the [...]

The leaders of all of Australia’s 6 states and 2 self-governing territories have signed an open letter to the Australian Prime Minister John Howard, calling on him to enact a carbon emissions trading scheme. In addition, 75 professors of economics have called on his government to ratify the Kyoto Treaty. [...]