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New financial model needed to tackle climate change - Prince Charles
14 December 2012Current accounting methods are failing to enable businesses to adequately tackle climate change and need to be replaced with a new system that values the earth's natural capital, Prince Charles warned a meeting of business leaders.
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California holds first carbon auction as legal threats loom
27 November 2012California has hailed its first auction of carbon allowances as a success, but legal challenges continue to undermine confidence in its future.
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2°C target to be missed as dangerous climate change looms
27 November 2012A host of organisations have warned that the world is on course for dangerous levels of climate change because current emission reduction initiatives will fail to limit warming to the 2°C target that underpins international efforts.
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Aviation wins reprieve from EU emissions rules
13 November 2012The European Commission has suspended the application of its emissions trading system to international aviation, in a surprise move which gives the industry a year to come up with a global plan to control its greenhouse gas emissions.
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Businesses need to value water - report
01 November 2012Businesses have been urged to step up efforts to understand the importance of water to their operations by a new report that argues that the true value of the commodity is not reflected in its price.