May 13, 2010
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Air & Climate Newsletter May 13, 2010 |
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| This Week´s Featured News Stories |
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European Commission ready to propose 30 per cent carbon cuts
The European Commission will formally set out proposals for the EU"s carbon emissions reduction target to be upgraded, in an attempt to break the deadlock surrounding international climate talks and provide a leg up for the continent"s low-carbon industries. According to reports in the Guardian, the Commission will publish a paper this month analysing the cost and benefits of moving the EU"s emission target from the current goal of cutting emissions 20 per cent on 1990 levels by 2020 to a new 30 per cent target. Speaking at a meeting in London yesterday, Connie Hedegaard, the European ... |
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Details Emerge on the American Power Act
The long-awaited US climate bill ("the American Power Act") is set to be formally unveiled today by its key proponents in the U.S. Senate (Senators John Kerry and Joseph Lieberman) , with a last ditch effort the Obama administration urging quick passage of the controversial legislation this year. At the heart of the new bill is a binding commitment to cut US carbon emissions by 17 per cent on 2005 levels by 2020, supported by an emissions trading scheme to be launched in 2013, initially to cover power firms, but ultimately to be expanded to cover other carbon intensive industries. Based ... |
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