November 05, 2009
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Air & Climate Newsletter November 05, 2009 |
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| This Week´s Featured News Stories |
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Republicans threaten to delay US climate bill as long as possible
Republican senators look set to make good on their threat to do everything in their power to obstruct the passage of the proposed Boxer-Kerry US climate bill, after a spokesman confirmed that seven Republicans on the Senate`s Environment and Public Works Committee were preparing to boycott meetings this week intended to finalise the draft bill. Matt Dempsey, a spokesman for Republican senators on the environment panel, told Reuters over the weekend that Republicans felt they `will be forced not to show up` at the committee`s first work session. The Republicans on the committee, led by ... |
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Copenhagen wrangling leads to downgraded carbon price
The potential impact on low-carbon investments of failing to deliver a meaningful deal at the forthcoming Copenhagen Summit was underlined last week with the news that analyst firm Point Carbon is downgrading its long-term price forecasts, primarily as a result of growing uncertainty at the prospects of an international climate change deal being reached. The analysts` EU ETS Scenarios to 2020 report said that the combination of lower-than-expected emissions over the past 18 months as a result of recession, and the reduced likelihood of binding emissions targets being agreed as part of any Copenhagen ... |
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