Carbon price seen vital but inadequate
November 26, 2007 08:22 AM - Reuters
Achieving a high and stable price for carbon is vital but inadequate on its own in the bid to beat climate change, British business leaders said in a far reaching report on Monday.
Governments had to use regulation and taxation to reinforce the move from a high to a low carbon economy, and consumers had to be given much more information to help them make product and lifestyle choices, the Confederation of British Industry said.
"The carbon price is essential but on its own it is not enough," said Ben Verwaayen, chief executive of telecomms giant BT and chairman of the group of chief executives the CBI brought together to write the 52-page report.
India and EU to push trade and climate at summit
November 26, 2007 08:11 AM - Reuters
NEW DELHI (Reuters) - Leaders of India and the European Union will attempt to push forward a proposed free trade deal and seek common ground on tackling climate change during a summit later this week, officials said on Monday.
Forget the climate! Britons scent U.S. bargains
November 26, 2007 08:09 AM - Reuters
LONDON (Reuters) - For British tourists heading to the Big Apple to take advantage of a weak dollar and stock up on bargains, the choice is clear: saving money comes before saving the planet.
With sterling hitting its highest levels against the dollar since 1981, British media are cranking up headlines on the number of people jetting to the United States to pick up bargain designer clothes and electrical goods.
"The weak dollar is certainly helping a few shoppers find their way to the U.S.," George Stinnes, head of investor relations at British Airways, said earlier this month when the company reported passenger numbers on routes to the Americas had jumped 7.4 percent in October from a year ago.
Commonwealth not strong enough on climate: St. Kitts
November 25, 2007 08:09 AM - Reuters
KAMPALA (Reuters) - The Commonwealth did not go far enough in pushing rich countries to tackle climate change at its Kampala summit, the prime minister of a Caribbean island nation menaced by rising sea levels said on Sunday.
Australia's new PM Rudd acts swiftly on climate
November 25, 2007 12:48 AM - Reuters
BRISBANE (Reuters) - Australia's new prime minister, Kevin Rudd, made climate change his top priority on Sunday, seeking advice on ratifying the Kyoto pact and telling Indonesia he will go to December's UN climate summit in Bali.
Commonwealth fails to back climate targets
November 24, 2007 02:29 PM - Reuters
KAMPALA (Reuters) - The Commonwealth said on Saturday climate change threatened the existence of small island members faced with rising sea levels but it failed to back binding targets on reducing greenhouse gas emissions.
Commonwealth divided on climate change
November 24, 2007 09:35 AM - Reuters
KAMPALA (Reuters) - Commonwealth leaders worked on Saturday to overcome differences on climate change, which poses a mortal danger to some of its members, with the result of Australia's election shifting the balance at the meeting.
Creator of hurricane intensity scale dies at 90
November 23, 2007 02:32 PM - Reuters
The Miami Herald quoted Saffir's son, Richard, as saying he died of a heart attack on Wednesday night at South Miami Hospital.
Carbon dioxide at record high, stoking warming: WMO
November 23, 2007 11:58 AM - Reuters
OSLO (Reuters) - Levels of carbon dioxide, the main greenhouse gas emitted by burning fossil fuels, hit a record high in the atmosphere in 2006, accelerating global warming, the World Meteorological Organization (WMO) said on Friday.
EU to require biofuels cut emissions 10 pct
November 22, 2007 11:02 AM - Reuters
BRUSSELS (Reuters) - The European Commission will propose rules requiring biofuels used in the European Union to produce at least a 10 percent saving of greenhouse gas emissions compared to fossil fuels, an EU official said on Thursday.