Over at The New Carbon Cycle, there’s a round-up of recent activity in the US Federal Congress regarding carbon emissions policies and related international trade issues.
Technorati Tags: carbon emissions, international trade

Britain’s opposition Conservative Party is planning a “green stock exchange” similar to the existing AIM Exchange for small companies, according to the FT.
“George Osborne, shadow chancellor, will suggest tax breaks and a light touch regulatory regime to encourage companies to list on his proposed “Green Environmental Market”.
Mr Osborne wants the market to run alongside Aim [...]

The Government of Japan is undertaking a review of climate change policy, according to the FT.
“Japan’s trade and industry ministry will discuss imposing caps on greenhouse gas emissions as part of a review of measures to combat global warming after the Kyoto protocol expires in 2012.
The review, to be completed by June, has led [...]

Royal Dutch Shell is not the only major oil company calling for more policy certainty on emissions, according to the FT. Both Total and Conoco-Phillips have also made similar calls recently for co-ordinated government action on curbing emissions and promoting trade in emissions permits.
Technorati Tags: oil, curbing emissions, emissions permits

True to their history as the first company to apply seriously the ideas of scenario planning, oil major Shell has released two scenarios for the future development of energy markets. The two scenarios are:

“In the Scramble scenario, nations rush to secure energy resources for themselves, fearing that energy security is a zero-sum game, [...]