• Sudden Revolt By Insurance Regulators Scales Back Climate Rule On Industry

    • Date: 31/03/10

    A surprise rebellion by a majority of insurance regulators Sunday reversed key elements of a landmark regulation requiring the nation’s largest industry to publicly disclose its efforts to address climate change. Companies can now submit their answers confidentially in most states. The upheaval rolls back the nation’s maiden climate rule on corporations, casting environmentalists and […]

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  • Police Arrest Nine In Carbon Fraud Case

    • Date: 30/03/10

    Spanish police on Tuesday said they had arrested nine people and charged two more with avoiding 50 million euros ($67.54 million) in tax linked to trading in carbon credits. The arrests came after Spanish police announced last week they were investigating alleged tax fraud, which European police agency Europol estimates has cost governments around Europe […]

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  • HSBC Ejects Carbon Traders From Index

    • Date: 30/03/10

    The banking giant HSBC removed two companies involved in carbon trading from its Climate Change Index on Monday because they had lost too much value. Analysts from HSBC said the cause was mainly that governments had failed to come up with a timetable for a global climate deal at the United Nations summit in Copenhagen in […]

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  • Green Joblessness

    • Date: 28/03/10

    BP will close its solar-panel manufacturing plant in Frederick, the final step in moving its solar business out of the United States to facilities in China, India and other countries. Just 3 1/2 years ago, in an announcement widely hailed by Maryland officials and promoters of “green jobs,” BP unveiled a $70 million plan to […]

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  • Germans Are Shedding ‘Klima-Angst’

    • Date: 28/03/10

    Germans no longer fear climate change. This finding was revealed by a survey commissioned by the news magazine SPIEGEL. Only a minority of 42 percent is afraid of global warming. Hamburg – In November 2006, a clear majority of 62 percent of Germans expressed fear about the consequences of climate change. This has now changed […]

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  • Climate Fight: India Rejects US Pressure Tactics

    • Date: 27/03/10

    In the first international meet of the year on climate change in Mexico, the battlelines were again drawn as US tried to push for a small coterie of countries to lead the talks but developing countries, including India, opposed diluting the primacy of the formal talks under the UN Framework Convention on Climate Change. The […]

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  • EU Summit Cools Ambition On Global Warming

    • Date: 26/03/10

    European Union leaders are cooling on their ambition to fight global warming, leaving a key greenhouse-gas emissions reduction target out of a draft statement prepared for a summit on Friday, internal documents show. The EU has already pledged to cut emissions to 20 per cent below 1990 levels by 2020, and to deepen the cut […]

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  • Siberian Winter May Be Coldest On Record

    • Date: 25/03/10

    In a new blow to the climate change lobby, Russia’s top weatherman today announced that the winter now drawing to a close in Siberia may turn out to be the coldest on record. ‘The winter of 2009-10 was one of the most severe in European part of Russia for more than 30 years, and in […]

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