CLIMATE CHANGE

U.S. Department of Energy announced that it will work with organizations in China on joint research initiatives over the next five years. A total of $37.5 million will be invested in the joint research, said the department, adding that around $75 million will be used for the improvement of energy efficiency, clean coal technologies, carbon sequestration and green vehicles.

Australia's top scientists on Monday released a State of the Climate report at a time of growing scepticism over climate change as a result of revelations of errors in some global scientific reports.

Wall Street was supposed to become the capital of a global carbon trading market worth a trillion dollars a year but now many who thought green trading desks would be the next big thing are fearing the pink slip.

Big business is now free to blitz the airwaves to attack politicians who support action against climate change, which could smother messages from environmentalists.

The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.

The Arctic Ocean seabed is leaking methane scientists said, stoking fears that the green house gas could promote global warming.

The world has become far too hot for the aptly named Exit Glacier in Alaska.

A last-ditch attempt at passing a climate change bill begins in the Senate this week with senators mindful that time is running short and that approaches to the legislation still vary widely, according to sources.

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions.

The ex-head of the research center at the center of the Climate-gate scandal said a very surprising remark over the weekend, admitting in an interview with the BBC that there has been no global warming over the past 15 years.

India and China are resisting requests to sign up for the Copenhagen Accord for fighting global warming that risks unravelling without clear support from major emitters.

A number of mistakes and eroding public confidence has some scientists calling for drastic changes in how future United Nations climate reports are handled.

The Indian government has moved to establish its own body to address and monitor science surrounding climate change, saying it cannot rely on the official United Nation panel.

Cyber attacks on the European Union's Emissions Trading Scheme have prompted the executive European Commission to revise its Internet security guidelines, the Commission said on Thursday.

Certain countries and companies feel threatened by growing efforts against climate change, the U.N. climate chief said on Thursday, after other officials spoke of a campaign to undermine a consensus on global warming.

The International carbon market has been brought to a virtual standstill after computer hackers stole over 250,000 permits, worth over 3 million euros.

Fifty-five nations accounting for almost 80 percent of world greenhouse gas emissions have set national goals for fighting climate change by a deadline in the Copenhagen Accord, the United Nations said on Monday.

The White House has dropped projected revenues from a cap-and-trade mechanism to fight climate change from its new budget, an administration official said, bowing to the possibility that the U.S. Congress may not pass it.

U.N. climate talks will probably not agree an ambitious deal this year unless the economy improves and voters press for action, said India's top climate official Shyam Saran.

Carbon offset retailers and brokers have seen increased interest in and demand for voluntary carbon credits this month, particularly from the United States.

Small and medium-sized British businesses could cut their energy costs by up to 30 percent a year but are unaware of the true potential for savings, a survey by the Carbon Trust shows.