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Contents GreenPrices Business Edition 53
24 May 2007

UK mobilises all stakeholders to meet the Energy Challenge

UK reforms legislation Renewables Obligation

WWF: Next 5 years crucial for planet Earth

Academies urge G8 to take action on climate

Carbon Trust: Countries are protecting carbon intensive investments

'Good starting point EU in bioenergy'

UK considers harvesting tidal power

Oceans absorb less CO2 than expected

In Brief: EU car makers need more time

In Brief: G8 skirmish: Bush against the world

In Brief: Coal firm invests in CCS power plant

In Brief: Final kick off Belgian off shore wind farm

In Brief: US Democrats urge Bush not to thwart climate draft

Editorial: The Big White Book

Agenda

US Democrats urge Bush not to thwart climate draft
 
23 May 2007 - Alarmed by media reports on the diluting of G8 climate drafts, Democratic chairmen from 15 committees in the US House of Representatives last Friday sent a letter to President Bush urging him no longer to frustrate the G8-conference. 

Documents leaked to the media show that the Bush administration removed text from the draft paper for the G8+5 summit concerning the maximum allowable 2 degrees global warming and the intended global greenhouse gas emissions reduction by 50% below 1990 levels by 2050.

Literally, they called on him to “reverse course and strengthen the G8 declaration.” The Democrats write that there is growing support for a national cap on greenhouse gas emissions.

“We need an executive branch that engages the rest of the world to solve this problem rather than stubbornly ignoring it,” the chairmen wrote.

Source:

Carbon Market Europe, 21 May 200

 
Source: GP Newsdesk

             
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