Kenya Losing 3% Of Growth If Climate Change Not Challenged-Minister - WSJ.com

NAIROBI (Dow Jones)--Kenya faces losing up to 3% of its agricultural growth potential if an annual investment of at least $3 billion is not made to curb the effects of climate change in the East African Nation, Ali Mohamed, Kenya's Environment and Mineral Resources minister, said Thursday.

2009: Kenya tea output falls 11 pct in July: board | Reuters

NAIROBI (Reuters) - Kenya's tea output fell 11 percent in July to 21.5 million kgs compared with the same month last year due to cold weather in some areas and drought conditions in others, the Tea Board of Kenya said on Friday.

The June-August cold season in Kenya -- the world's biggest exporter of black tea -- is traditionally associated with slow leaf development and supply shortfalls.

UN Carbon Market Will Survive Should Kyoto Goals End, EU Says - Bloomberg

The United Nation’s carbon market will survive if the Kyoto Protocol greenhouse gas-reduction goals for developed nations expire in 2012 without being immediately renewed, the European Union climate chief said.

The EU, which gives companies in its emissions trading system the right to import credits from the UN’s Clean Development Mechanism, will probably remain that market’s driving force in coming years, said the bloc’s Climate Commissioner Connie Hedegaard. The European cap-and-trade system, the world’s largest, was valued at $119.8 billion last year, according to World Bank estimates.