Clive Crook, the Washington correspondent of the FT, dissects Senator Hilary Clinton’s plans for climate change policy here.
“She cannot be faulted, at any rate, for lack of ambition. The plan is comprehensive (to a fault) and the target for reductions in emissions is demanding. To get there, the proposed cap-and-trade regime would have to bite [...]

The industrial emissions quotas are being reduced by 10% compared with what governments had initially wanted for the phase 2008-2012, according to Reuters. European member states are threatening to appeal to the decision.
The EC assures that the decision is key to reach the targets for reduction of greenhouse gases and to strengthen the European Trading [...]

Environmental groups in America are petitioning to use the power of the EPA, Environmental Protection Agency, to act on the high carbon emitting shipping industry, according to the New York Times. The industry is responsible for 3 to 5% of global emissions, more than all but six countries worldwide.
“In the new petitions, Attorney General Edmund [...]

The US’ continual disregard for setting firm targets for reducing emissions was once again demonstrated in the Washington conference last week. Bush failed to specify goals for reducing greenhouse gases, according to the New York Times. The meeting which was arranged by the Bush Administration to include several high emitting countries in order to create [...]

The Bush administration is working towards a new goal for helping developing nations to reduce their carbon emissions: a US plan to succeed the Kyoto Protocol in 2012 is hoping to include some of the world’s largest emitters in a scheme forcing them to try to reduce emissions as far as possible in exchange for [...]