December 4, 2008

US to Leave Door Open on Climate for Obama (AFP)

President Bush's outgoing administration has promised to reach consensus on a practical work plan for a global climate treaty at next week's UN talks in Poland, and to not "close options for the new US administration."

Bush, Obama Avoid Aid Judgment (Detroit Free Press)

Both the White House and President-elect Obama have declined to take a position on the $34-billion rescue proposals delivered to Congress this week by US automakers, instead adopting a wait-and-see approach to what transpires on Capitol Hill.

GM, Chrysler May Accept Bankruptcy to Receive Bailout (Bloomberg)

GM and Chrysler executives are said to be considering a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout.

Greenhouse Gas Emissions Increase in US (AP)

The amount of US greenhouse gases flowing into the atmosphere, mainly CO2 from burning fossil fuels, increased last year by 1.4% after a decline in 2006, the Energy Department has reported.

World Carbon Market Now Worth $48 Billion (AFP)

The world market in greenhouse gases was worth $48.26 billion dollars in the first half of 2008, an increase of 41% over the same period in 2007, the International Emissions Trading Association (IETA) has said.

What Will Governor Schwarzenegger's Next Role Be? (AP)

With Schwarzenegger's governorship entering its final years, one question is arising frequently: What will Arnold do? Promote green technology for an Obama administration, share the stage with Al Gore as climate crusader or perhaps run for the US Senate?

Activists Slam EPA Decision on Mining Rule Change (AP)

Angry green groups launched an online campaign yesterday urging Obama to undo a federal rule that clarifies when coal companies can dump mining waste in streams.

Economic Stimulus Plan Tied to Energy Savings (New York Times)

President-elect Obama and leaders in Congress are fashioning a plan to pour at least $15 billion a year -- and perhaps considerably more -- into a federal "green jobs program."