Happy Environment Day, story Number 2.
No surprises here really, by the US will tell a July meeting of the G8 that it cannot meet big cuts in greenhouse gases by 2020, its chief climate negotiator Harlan Watson said.
“It’s frankly not do-able for us,” he said, referring to a goal for rich countries to curb greenhouse […]

The US Senate has started a raucous debate over climate change legislation even though it will put supporters of the bill, including all three presidential candidates, on the spot — essentially forcing them to come out in favor of high energy costs at a time when American consumers are paying record fuel prices.
The bill is […]

So are speculators pushing the oil price up, and if so by how much? A leading American senator yesterday pressed the top futures market regulator for more information about speculation by big investment funds in crude oil futures.
Commodity Futures Trading Commission (CFTC) officials testified that market forces are primarily responsible for the rising price of […]

Air pollution regulators in the Bay area have voted overwhelmingly to approve new rules that impose fees on businesses for emitting greenhouse gasses.
The Bay Area Air Quality Management District’s board of directors voted 15-1 to charge companies 4.4 cents per ton of carbon dioxide they emit. Experts say the fees, which cover nine counties […]

As oil climbed to a humungous record of $135 a barrel, yesterday US senators once again lined up Big Oil’s biggest executives and pummeled them with questions.
“Where is the corporate conscience?” Senator Dick Durbin, Democrat from Illinois, asked the top executives of the five largest U.S. oil companies, who have earned a whopping $36 billion […]