Tuesday, September 29, 2009

Climate change 'killing 10 per cent of world's animals' - Telegraph
Almost 10 per cent of the world's animals are in danger of extinction due to climate change and other factors, according to an Australian report released yesterday.
Senate May Seek Greater U.S. Carbon Cuts Than House, Draft Says - Bloomberg.com
Sept. 29 (Bloomberg) -- A Senate measure to control global warming calls on U.S. power plants, factories and refineries to reduce greenhouse-gas emissions by 20 percent through 2020, a deeper cut than approved by the House, a draft says.
Blockbuster Study: Working-Class Bears Burden of Cap-and-Trade
WASHINGTON--(BUSINESS WIRE)--With Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) expected to reveal a draft of the Senate’s climate bill this week, free-market think tank Institute for Energy Research (IER) released a new analysis today outlining how cap-and-trade would precipitate a financial windfall for well-connected special interests and politically-favored companies. The study, entitled “Who Benefits from Free Emission Allowances? An Economic Analysis of the Waxman-Markey Cap-and-Trade,” details how shareholders, not ratepayers, will be the primary beneficiaries of cap-and-trade’s largess. The analysis also outlines the significant wealth-transfer that cap-and-trade would initiate – a $14 billion redistribution of resources from the nation’s poorest citizens to the nation’s wealthiest citizens.
USCC: Exelon Exit 'Just Part Of The Business' -- Energy Section
...Chamber Executive Vice President and Chief Operating Officer David Chavern said that while the move was "unfortunate," it's being overplayed by the media.

"We have 300,000 direct members. We represent over 3 million companies around the world," Chavern told NationalJournal.com Monday afternoon. "We have companies that disagree with the Chamber all the time. And members leave, and that's unfortunate. But we add more companies than we lose. It's just part of the business."

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