Climate change accounts for more than 300,000 deaths per year around the world and $125 billion of economic losses annually, as this factor creates condition where more people feel the effects of natural disasters or suffer environmental degradation, the Global Humanitarian Forum said in a report Friday.
Linking the European Union's emissions trading scheme with a U.S. cap-and-trade scheme will be difficult and require adjustments on both sides, EU market participants said on Friday.
The health sector can play a leadership role in reducing the magnitude and consequences of global warming by reducing its climate footprint. These efforts, some of which are already underway, can greatly reduce the serious health threats posed by global warming and set an example for other sectors.
Europe's next big move to confront climate change should be to tackle rapidly growing emissions from transport, with more road tolls and greener cars, trains and trucks, a top EU environment official said.
The global market for carbon emissions trading doubled in value last year, but actual realised emissions cuts fell as the global economic slowdown dented clean energy financing, the World Bank said on Wednesday.
Ties between the United States and China could be transformed by cooperation on climate change, House of Representatives Speaker Nancy Pelosi said, linking environmental concerns to human rights and the rule of law.
Top executives from utilities, electric car, solar and wind power companies demanded on Tuesday that governments turn away from fossil fuels when they sign a new climate pact, expected in December.
(Corrects paragraph 10 to read 'cap-and-trade system' instead of 'capping grade system')
Top emitters of greenhouse gases tried on Monday to break a deadlock about sharing the burden of cuts in a U.N. climate pact, and Washington rejected charges that it was lagging Europe in fighting global warming.
U.S. President Barack Obama is walking a tightrope on climate change -- and so far appears to be achieving a delicate balance.
Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.
The U.S. oil refining industry on Friday blasted the Waxman-Markey climate bill which passed yesterday evening in Congress, saying it would increase imports of crude and refined products thus impeding national energy security.
A delegation of U.S. lawmakers led by House of Representatives Speaker Nancy Pelosi will visit China in coming days to discuss international efforts aimed at reducing greenhouse gas emissions.
The House Energy and Commerce Committee passed a climate bill on Thursday that aims to tackle greenhouse gas emissions in the United States to stave off global warming and shift the nation to clean energy technologies.
U.N. Secretary-General Ban Ki-moon called for a green new deal on climate change on Thursday and urged for a final push in negotiations ahead of a key summit to be held in Copenhagen in December.
British-based carbon offset project developer EcoSecurities posted a rise in its cash balance on Thursday, helped by healthy carbon offset delivery volumes.
U.S. lawmakers approved late on Wednesday an amendment to a controversial climate change bill that would give federal regulators greater authority to combat manipulation in natural gas and carbon markets.
Global warming could be worse than expected this century, rising more than five degrees, if lawmakers don’t move to enact policies that will reduce greenhouse gas emissions, researchers at the Massachusetts Institute of Technology said today.
European Union moves to exempt industries such as steel, refining and cement from the cost of buying carbon permits risk handing them windfall profits and could blunt EU green investment, analysts say.
U.S. lawmakers were set on Tuesday to begin wrangling over a climate change bill aimed at reducing carbon dioxide and other pollutants with Republicans objecting that the legislation would burden the economy with higher energy costs.
The U.S. climate bill is expected to pass Congress this week according to the Chairman of the House Energy and Commerce Committee Henry Waxman who said he thinks he will obtain a majority of votes, Reuters reported.
President Barack Obama praised the Congress for reaching an agreement on comprehensive energy legislation last week.
