The Iraqi Prime Minister Nouri al-Maliki told the European Union yesterday that his nation is “open for business”.
Al-Maliki said that in return for opening its vast oil and gas reserves to investors, Iraq wants EU know-how to rebuild its tattered institutions and industrial base.

The fast-growing market in carbon dioxide emissions poses risks that could threaten other commodities markets, the British Financial Services Authority has warned.
The watchdog said problems including investors being sold unsuitable products, confusion over the regulation of emissions traders, and insufficient official data created risks to both the fledgling global emissions markets and to related commodities […]

European governments have been told to plan for an era of conflict over energy resources, with global warming likely to trigger a dangerous contest between Russia and the west for the mineral riches of the Arctic.
A report from the EU’s top two foreign policy officials for a summit in Brussels this week warns that “significant […]

Climate change poses “serious security risks” and fighting it should be part of “preventive security policy”, according to the European Union’s top diplomats.
The warning is contained in a paper prepared for an EU summit this month by Javier Solana, the bloc’s foreign policy chief, and Benita Ferrero-Waldner, external relations commissioner. It says that increased natural […]

No that is not some long-haired environmentalist speaking, but the ex-chairman of Shell, Sir Mark Moody-Stuart.
He is arguing that the EU should ban the sale of cars that do under 35 miles to the gallon (good thing his is not saying that in America - the roads would be empty!!)