In the US, Democrats have unveiled a new wide-ranging, $17.5 billion renewable energy and building-efficiency bill even though Republicans have repeatedly blocked their efforts in the Senate.
In renewing their push, Democrats are relying on the same financing plan that produced Senate opposition last year, repealing tax breaks granted to oil and gas companies.

Climate change is “rewriting the rules for business” and sparking economic investment to the tune of billions of pounds, according to WorldWatch.
According to the Worldwatch Institute’s State of the World 2008 study, money is pouring into areas such as renewable energy, green technology and carbon markets as businesses recognise the opportunities they present.

Computer giant Dell has announced that the company will go “carbon-neutral” next year, using a mix of energy efficiency upgrades, renewable power purchases and carbon offsets to compensate for the carbon dioxide emissions caused by its operations.
The company plans to neutralize its emissions stemming from Dell-owned and Dell-leased buildings and manufacturing facilities, as well as […]

The Democrat-controlled House of Representatives wants to spend almost $7bn in the coming year to reduce the nation’s enormous carbon footprint, reports the Independent. This has put it on a collision course with the White House, which still remains in denial about climate change.
A major clash is expected between the White House and Congress in […]

Multilateral development banks concluded a two day conference in London yesterday on “Financing Clean Energy”. Non-governmental organizations were generally shut out of the meeting, restricted to a handful of participants, but a long list of oil and energy companies were in attendance and they were ready to discuss just about anything other than phasing out […]