Today's Climate: November 11, 2008
by Stacy Feldman - Nov 11th, 2008
Obama Asks Bush to Provide Help for Automakers (New York Times)
The struggling auto industry has been thrust into the middle of a political standoff between the White House and Democrats, as President-elect Obama urged President Bush in his meeting at the White House to support immediate emergency aid.
Global Investors Urge Action on Climate Change (Reuters)
More than 130 global investors, with more than $6 trillion in assets, have pushed policymakers to quickly hash out a binding agreement to cut CO2 emissions and promote clean technology.
Minnesota Governor Unveils "Green Jobs" Program (St. Paul Business Journal)
Minnesota Gov. Pawlenty has unveiled a "Green Jobs Investment Initiative," featuring a variety of tax incentives for businesses that either produce renewable energy or make components in renewable energy systems.
Iceland to Join EU's Carbon Market in `Near Future' (Bloomberg)
Iceland, whose currency collapsed last month, plans to join the EU's carbon market, where nations can raise cash by selling surplus emission permits, the nation's environment minister has said.
Paradise Almost Lost: Maldives Seek to Buy a New Homeland (Guardian)
The Maldives will begin to divert a portion of the country's billion-dollar annual tourist revenue into buying a new homeland, as an "insurance policy" against climate change, the country's president has said.
EU Makes Pitch for 'Unified' Arctic Research (AFP)
The EU has called for countries to pool data from scientific research in the Arctic to help give the world a barometer of global warming.
Oil-Sands Spending to Fall 20% on Shell, Suncor, Encana Delays (Bloomberg)
Energy companies are cutting back development of Canadian oil sands, as crude prices plunge and processing costs become prohibitive.
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