Six senators back mandatory greenhouse gas cuts

onJan 15, 2007 @ 10:05 PST

And the coal industry rushes 150 new plants into construction. Story from the Washington Post.

WASHINGTON (Reuters) – Six U.S. senators, including potential 2008 presidential contenders from both major parties, unveiled legislation on Friday that would force power plants and industry to curb heat-trapping greenhouse gases, seeking to cut emissions to one-third of 2000 levels by 2050. Sen. John McCain, Arizona Republican and possible 2008 presidential contender, introduced a new version of the Climate Stewardship and Innovation Act, which he has pursued since 2003 with Sen. Joe Lieberman, Connecticut independent

By Ross Gelbspan

How Italy’s largest fossil fuel company uses 'green' bonds as a loophole to keep financing hydrocarbons

ByStefano Valentino and Giorgio Michalopoulos

onSep 16, 2024 @ 12:39 PDT

Both private and institutional investors have poured billions into Eni's "green-labelled" bonds, under terms and conditions that enable it to continue to fund carbon-emitting activities.

uk/Nigel Farage Goes on Pro-Fossil Fuel Rant at Fundraiser for Climate Denial Group

BySam Bright and Adam Barnett

onSep 14, 2024 @ 03:44 PDT

Tickets at the event in Chicago cost up to $50,000 for the chance to have dinner with the Reform UK leader.

us/Violations Discovered at Nation’s First Carbon Capture and Storage Project

BySharon Kelly

onSep 13, 2024 @ 12:29 PDT

Corrosion issues in a deep monitoring well were discovered in March, raising concerns that early issues could be a sign of major problems to come as CCS and monitoring wells age.