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EPA backs down on toxics data
01 December 2006The US Environmental Protection Agency has withdrawn plans to loosen reporting frequency for the Toxic Release Inventory (TRI), but two senators plan legislation to prevent other changes.
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Renewable energy standards on the rise
01 December 2006Several US states are to impose renewable portfolio standards (RPS) up to 15% of electricity supplies, partly following the recent mid-term elections.
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TXU prepares for CO2 capture
01 December 2006TXU has updated its proposal to build 9,079MW of coal plants in Texas, planning to make the 11 plants "carbon capture ready".
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US Supreme Court takes on NSR
01 December 2006The US Supreme Court took up a case in November that pits environmentalists against utilities on 'New Source Review' (NSR), which determines when generators must add emissions controls to plants.
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US states move further on mercury than EPA
01 December 2006More than 20 states plan to reduce mercury emissions more deeply than required by the US Environmental Protection Agency (EPA), and many will prohibit trading of mercury allowances.
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Australia's Howard u-turns on emissions trading
01 December 2006The Australian government is to form a taskforce to investigate greenhouse gas (GHG) emissions trading at the national and international level, Prime Minister John Howard has announced. Although the terms of reference have yet to be released, he indicated the review will include an assessment of possible changes or alternatives to existing international carbon markets.
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Coal mine should have looked at GHGs, says Australian court
01 December 2006An Australian state environment court has ruled that the environmental assessment of a coal mining project was inadequate because it did not take account of the carbon emissions from burning the coal.
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Deal struck on EU chemicals law
01 December 2006Landmark European laws on chemicals safety are likely to be approved in mid-December following a last-minute compromise between the European Parliament and EU governments.
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Cat bond holders profit from quiet hurricane season
01 December 2006The 2006 Atlantic hurricane season has ended without a major hurricane reaching land, spelling good news for investors in catastrophe bonds.
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Wachovia's environmental policy falls short – RAN
01 December 2006Wachovia has become the latest US bank to set out an environmental policy – but it has been severely criticised by the Rainforest Action Network (RAN).