The world's biggest greenhouse gas producers have edged closer to agreement on a deal to fight global warming at crucial climate change talks in December, Canada's Environment Minister Jim Prentice said on Thursday.

The World Bank seeks to play a bigger role in sustainable energy projects around the globe including experimental carbon capture and storage (CCS) research, Vice President Katherine Sierra said on Thursday.

Norway sees carbon capture and storage (CCS) as a leading weapon to combat climate change and says the Sleipner field where it has buried carbon for 13 years demonstrates the technology is safe.

Terry Macalister
A vital meeting in Copenhagen this weekend that will help shape the agenda for the most important climate change talks since the Kyoto protocol has been hijacked by some of the biggest polluters in the world, critics claimed last night.

Nearly a third of the world's cement industry has united on a strategy to cut global warming gases in a way that will not slow a construction boom in poor countries, backers of the initiative said on Wednesday.

There is good news about carbon capture and storage (CCS), the technology that is intended to slow global warming by capturing industrial carbon dioxide emissions and injecting them underground. Last week, US energy secretary Steven Chu outlined plans for using some $2.4 billion in economic stimulus money to research aspects of CCS. These efforts will join important research already under way.

The Canadian government announced details on Tuesday of the C$1 billion ($860 million) clean energy fund it promised in February, with the lion's share of the cash going to support the development of carbon capture and storage projects.

Mumbai The closure of the 25-year-old dumping ground measuring 19.6 hectares at the Gorai creek in Borivli has earned the Brihanmumbai Municipal Corporation (BMC) Rs 27 crore by trading of an estimated 31,033 tonnes of carbon credits a year. The Asian Development Bank (ADB) has agreed to purchase the carbon credits from the civic body at a cost of 12 Euros per carbon credit till 2014.

The United Nations took a step towards a new climate treaty on 15th May by publishing the first draft negotiating texts to help bridge a "great gulf" between options for rich nations to cut greenhouse gas emissions.

US electricity generators support compromises being reached by Democrats in the House of Representatives on proposed climate legislation, saying the changes would soften the impact on power bills.

Pages