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Air & Climate Newsletter April 22, 2010 |
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| This Week´s Featured News Stories |
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EU kicks off latest carbon trading crackdown
The EU launched the latest phase of its clampdown on fraud in the carbon market yesterday, banning any trade in `recycled` carbon credits in a move designed to avoid a repeat of last month`s scandal that saw a number of firms purchase illegally traded emission allowances that had already been surrendered by other companies. The fraud stemmed from a controversial decision by the Hungarian government to sell two million certified ... |
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US State Department report makes case for climate action
A draft report from the US State Department has emphasised the urgent need to take action to curb greenhouse gas emissions, arguing that human activity is unequivocally leading to global warming and that rising temperatures pose a grave threat to the global economy. The 193-page draft report is the fifth study to be produced for the US for submission to the UN`s climate change secretariat and was released to little fanfare earlier this month. However, a group of environmental organisations this week sought to highlight ... |
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