The long-awaited US climate bill is set to be formally unveiled today, with the Obama administration launching a last-ditch effort to pass the controversial legislation this year. The wide-ranging bill has been heavily trailed and according to Reu

DUBLIN, Ireland — When it comes to purchasing carbon offsets, a growing number of companies are thinking -- and acting -- about forestry projects as a desirable type of offset to invest in. The results come from the second annual Forest Carbon O

The global carbon market is expected to total $170 billion this year, a 33 percent jump from 2009, driven mostly by higher prices in Europe and a growth in the nascent carbon market in the United States, according to a new report from Point Carbon, a

The chairman of the U.S. Senate Energy and Natural Resources Committee said Tuesday that it's unclear whether Congress will be able to pass cap and trade legislation aimed at reducing greenhouse gas emissions this year. Sen. Jeff Bingaman, D-N.M.,

Governors of 11 Northeast and Mid-Atlantic states today took the next step toward developing a regional Low Carbon Fuel Standard (LCFS) by signing a Memorandum of Understanding that commits their states to continued participation in a regional effor

Though the final accord in Copenhagen didn’t solve the world’s political or environmental mess as far as the climate is concerned, the two-week meeting was proof that money is in the air. In one presentation after another during “side events” that ta

With the world's eyes on Copenhagen, the Obama administration's attempts to pass a domestic climate change bill received a major boost late last week after two bipartisan proposals were tabled by influential senators. The proposed Boxer-Kerry cap-

The US Environmental Protection Agency (EPA) yesterday issued a groundbreaking endangerment finding, ending years of controversy by finally admitting that greenhouse gases pose a significant threat to human health and can be regulated under the exist

Developing countries are preparing to challenge tough limits on their carbon dioxide emissions that could damage their economies, after tough proposals from Denmark were leaked ahead of next week's Copenhagen climate change summit. The documents,

A senior Republican in the United States Senate, conservative Senator Lisa Murkowski, said she would consider voting for a "cap and trade" climate change bill Democrats are pushing if it also contains a vigorous expansion of nuclear energy and domes

The government will spend some 100 billion won ($85.6 million) over the next five years to support research and development of technologies for carbon capture and storage (CCS) to be applied to new thermal power stations from 2020, the Ministry of Kn

Democrats in the U.S. Senate, who this week sketched out legislation to tackle global warming, now face the hard part -- convincing enough fence-sitters to join their cause. It is labor-intensive work, figuring out the combination of undecided sen

A Senate climate bill calls for a 20 percent cut in greenhouse gases by 2020, deeper than the reductions mandated by the House but also includes stronger measures to try to avoid energy price spikes, according to a draft of the bill. The draft obt

Senate Democrats tried out a new catch phrase Wednesday to sell their global warming bill: pollution reduction and investment, or PRI. But it's just another name for cap and trade, a term derided by Republican critics as "cap and tax" because it w

Commercial airlines would have to fly new planes that emit fewer greenhouse gas emissions under a U.S. Senate climate change bill that is set to be introduced on Wednesday. The legislation would require the government to write standards "applicabl

Top Senate Democrats plan Wednesday to unveil a draft climate bill calling for greater reductions in greenhouse-gas emissions than a House bill would require. But the proposal is expected to defer tough decisions on other major issues, underscorin

The Senate's environment committee will take up an energy and climate-change bill today that calls for a 20% cut in U.S. greenhouse gas emissions by 2020, according to a draft copy of the bill. The measure, co-sponsored by Sens. Barbara Boxer (D-

The European Union and the United States are holding talks on forging a pact with OECD countries and China to eliminate duties on green goods as part of incentives to Beijing in a potential global climate deal. EU diplomats told Reuters that under

Prime Minister Stephen Harper of Canada, on his way home after meetings with President Obama and Congressional leaders in Washington, emphasized Canada’s role as an “energy superpower” during an economic speech to a business group on Thursday evening

The U.S. Senate should act to head off a potential trade war by adding a "peace clause" to a climate change bill that threatens China and other countries with a tariff on their goods, a business group said on Friday. The House of Representatives i