Carbon traders get gloomy(er), but new plans are afoot | FT Energy Source | FT.com
The International Emissions Trading Association says a survey carried out by PriceWaterhouseCoopers showed that 60 per cent of carbon traders believe there will be no agreement before 2011, and that “current uncertainty will have a significant negative impact on long-term low-carbon investment”.US climate bill is a "blunt and inappropriate instrument" that would cost airlines $5bn a year, says ATA on GreenAir Online
Tue 25 May 2010 – The American Power Act proposed by US senators Kerry and Lieberman represented the “wrong approach for aviation,” said Nancy Young, Vice President Environment of the Air Transport Association of America (ATA). She estimated the cost to airlines and their passengers in 2013, should the bill be passed, would be around $5 billion, based on a predicted carbon price of $25 per tonne. However, she accepted there were some positive aspects in the draft bill, notably an exemption for bio-derived fuels and recognition that aviation greenhouse gas emissions should be addressed internationally. Meanwhile, Young revealed the action brought by the ATA and three US airlines against their inclusion in the EU Emissions Trading Scheme is due to be heard in the UK High Court on May 27.War of words heats up over climate change
In other words, Weaver and hundreds of other climate scientists think the problem is much worse than they initially thought.Left on the Cutting Room Floor: Climate Depot's Marc Morano Takes on ABC News' Dan Harris
'World News' segment cut skeptic interview from 11 minute to just 10 seconds, then links it with white supremacists.
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