Saskatchewan Premier Brad Wall said Friday that his province, which has been riding a commodity-driven boom, should not be saddled with new environmental taxes as prices for oil and grain fall from their highs of a few months ago.

California's landmark legislation to cut carbon dioxide emissions to 1990 levels by 2020 will help the state's economy in the long run, according to a report issued Wednesday by the state agency charg

Private company Sapphire Energy, which aims to squeeze "green" crude oil from blooms of one of the planet's oldest life forms, said on Wednesday it has raised over US$100 million from investors.

Fuel economy: turf war or guerrilla ambush It can get as bad as not having any money left to buy oil. Increased oil demand from rapidly growing cars can make it worse. Yet there is no sign of official agreement on who must take the lead to draft fuel economy regulations for cars to get more miles out of a litre of fuel burnt. When the push for these regulations came about two years ago from

CANBERRA - The Australian government is seeking to introduce one of the world's most inclusive carbon trading schemes by 2010 but needs the support of big business, which fears emissions trading will make them less competitive.

Energy Minister Martin Ferguson met more than 70 large firms at parliament on Friday to talk over their concerns.
Left-leaning Labor Prime Minister Kevin Rudd has made tackling climate change and rising carbon emissions a top priority of his government.

Press Trust Of India / Miami September 01, 2008, 0:13 IST

India is the third biggest emitter of carbon dioxide in the world, with state-owned NTPC topping the list of companies belching the deadly gas, according to the new data released by a Washington-based think-tank, which has advocated an

The Australian government would be open to negotiations with big business over plans for carbon trading, Prime Minister Kevin Rudd said on Wednesday, after industry complaints about government proposals.

But Rudd warned business that carbon trading, needed to help Australia cut its greenhouse gas emissions, could not be done without some cost on industry.
"It will never happen cost free. It is not a cost-free business," Rudd told the National Press Club on Wednesday.

Exelon, the electric company based in Chicago, will promise on Tuesday to cut greenhouse gas emissions by 2020 by an amount larger than its total emissions in 2008, in a bid to shape the debate on carbon dioxide rules and to get a jump on compliance.