Timber body under fire over climate aid claims

A TIMBER industry body is being investigated over claims it misled the public by asserting that buying wood products helps the fight against climate change.

Carbon scheme stand-off remains

Labor says Mr Turnbull must produce amendments as a condition of talks; he says there is no time for that if the Government insists on the planned August 13 vote on the proposed legislation.

In a slap to Liberal MP Wilson Tuckey and other sceptics, Mr Turnbull yesterday dismissed Liberals who oppose emissions trading as having been "asleep" during the last term, when the Howard government proposed a trading scheme.

Act now on climate [scam]: Obama

THE Obama Administration's climate change negotiator has warned that any country that delays enacting laws will miss out on a huge wave of investment waiting for the regulatory dam to break.

Indicating the US was ready to act without India or China, Todd Stern said the Obama Administration was determined to lead on this issue. "In our view, you can become an economic winner by acting," he said in an interview with the Herald.

"Some say we should wait in terms of our domestic legislation to see what others do. The President doesn't accept that. Our Administration doesn't accept that. We totally think that the Chinese and Indians and others need to act. But it's not our view that our decision to act ought to be made contingent on them."