Annie Petsonk News
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Legislation to prevent U.S. airlines from paying penalties under a European Union program to limit emissions may give the Obama administration a stronger hand in international talks on the issue, an airline group says.
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German Vilimelis heard about Spain’s solar gold rush from his brother-in-law in 2007.
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Prime Minister Zapatero’s failed plan to transform his country into a carbon- free energy giant exposes the risks facing investors looking to profit from clean power.
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The U.S. House of Representatives’ backing for a bill to bar American airlines from paying for greenhouse gas discharges under the European Union emissions- trading plan may lead to a trade war, an environment lobby said.
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United Continental Holdings Inc., AMR Corp.’s American Airlines and the Air Transport Association of America will challenge the European Union’s plans for emission curbs on aviation.
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China will likely set up a domestic market for trading carbon emissions by 2014 and hand companies “half-mandatory” targets for limiting their greenhouse gases, said a government official who oversees climate-change issues.
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China was subjected to an onslaught of international criticism on policies ranging from human rights to currency reform as it was pressed this week to live up to its burgeoning superpower status and show greater social and financial responsibility.
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