February 11, 2010
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Environment Management Newsletter February 11, 2010 |
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| This Week´s Featured News Stories |
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Melting Arctic could cost global economy over $2.4tn
The melting of ice in the Arctic could result in economic costs of between $2.4 trillion (£1.54tn) and $24 trillion by 2050, according to a major new study that predicts that the loss of `the planet`s air conditioner` will accelerate the rate of global warming and lead to an increase in losses associated with heat waves, rising sea levels and other climate change effects. The study, which was commissioned by the Pew Environment Group, was presented to G7 finance ministers gathering for a two-day meeting on Canada`s Baffin Island late last week. Reviewed by more than a dozen scientists ... |
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Senators propose cap and trade on power station pollutants
While Congress continues to argue about whether to regulate the emission of carbon dioxide, newly-proposed legislation has upped the ante. A bill introduced into the Senate would curb emissions of sulphur dioxide and other gases. The Clean Air Amendments of 2010 Bill, introduced by Senators Thomas Carper and Lamar Alexander, would introduce cap and trade schemes to limit the emissions of gases from coal plants. Sulphur dioxide and nitrogen oxide would be covered by the Act. Mercury emissions from coal plants could be reduced by as much as 90 per cent, according to Carper. To continue ... |
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