Archive for the 'emission trading' Category



As bold PR moves go – and this is bold – amongst the politicians making promises today at the UN Climate Summit, the CEO of British Airways, Willie Walsh will make a dramatic pledge to cut global aviation emissions to 50 per cent of 2005 levels by 2050.
Like a snake oil salesman bearing gifts with [...]

Why is the aviation industry been so untouchable when it comes to climate change?
That is the question on many people’s lips as the British government prepares to cut carbon from pretty much every sector but aviation.
The way aviation is treated may have something to do with the intricate links between the industry and the Labour [...]

Despite announcing profits of $25 billion yesterday, shares in the oil giant fell by over 4% after it reported a 24% drop in quarterly profits for the last quarter of 2008.
Like the other oil majors, the company was hit by the falling oil price. Oil industry analysts said that the company’s profits were “well below” [...]

Another day and another disaster looms over climate. Lake Mead, the vast reservoir for the Colorado River water that sustains the fast-growing cities of Phoenix and Las Vegas, could lose water faster than previously thought and run dry within 13 years, according to a new study by scientists
The lake, located in Nevada and Arizona, [...]

The President of the European Commission Jose Manuel Barroso is urging companies to treat the fight against climate change as a business opportunity and not a burden.
His call comes ahead of Wednesday’s unveiling in Brussels of tough new greenhouse gas emission limits, which are necessary to reduce greenhouse gas emissions by at least 20% below [...]