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ANALYSIS: China airline threats put EU in tight corner

Government threats to prevent China’s airlines from complying with EU emissions caps may be seen by some as mere sabre-rattling, but they could yet leave the EU with a choice to undermine its emissions trading scheme or risk a bitter trade war with the world’s biggest economies.

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Norway pledges $300 mln/yr to green world’s power

Norway will spend NOK 1.8 billion ($300 million) a year to devise ways to help some of the world’s poorest people get better access to energy and to develop a new market-based system to limit emissions from global energy production, a foreign ministry official said Wednesday.

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Forest CO2 trade could cut Indonesia GHGs 26 pct: report

Indonesia, one of the world’s biggest sources of greenhouse gas emissions because of deforestation, could avoid emitting 211 million tonnes of carbon dioxide a year through market-based incentives not to cut down trees, a report said Thursday.

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Japan slashes 2012 bilateral CO2 deal budget by 30 pct

Japan will next year spend nearly a third less on developing bilateral CO2 offset schemes with other nations as the government seeks to cut budgets to help the country recover from last March’s earthquake and tsunami.

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EU airline carbon move could spark trade war-China

Beijing criticised a decision by Europe's highest court to allow airlines to be charged for carbon emissions on flights to and from the European Union, with state media warning on Thursday it could spark a trade spat and the foreign ministry urging talks.

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Top EU court to decide airline carbon case, could anger U.S.

Europe's highest court will on Wednesday deliver a final ruling in a case over airline emissions that has triggered tit-for-tat legislation in the U.S. Congress and drawn a threat from U.S. Secretary of State Hillary Clinton.

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Denmark backs energy efficiency proposal to drive green growth

Denmark’s EU affairs minister said Friday that an energy efficiency directive, which could include a measure to withdraw over 1 billion EU allowances in the third phase of the ETS, is a tool that will support green growth, one the Denmark’s four priorities when it takes over the presidency of the European Union in January.

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ANALYSIS: Shipping first in climate cash lineup

The international maritime sector remains firmly in the U.N’s crosshairs when it comes to finding cash to fill a global fund to help poor countries tackle climate change.

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California backs EU "dirty fuel" label plan

EU plans to slap a "dirty" label on fuels derived from Canada's huge oil sands reserves have received a boost from California, whose pioneering labeling scheme seeks to put consumers in the driving seat.

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U.N. mulls four options on legal climate deal

U.N. climate negotiators were Tuesday weighing up four options on how to force the world’s biggest economies to cut greenhouse gas emissions in the next decade, according to draft text seen by Point Carbon News.

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Shipping cash may help fund climate-draft

Cash raised by the shipping industry's efforts to cut carbon emissions might be directed to developing countries to help them tackle climate change, according to a draft document seen by Reuters at United Nations climate talks on Tuesday.

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China could agree to binding CO2 cuts-envoy

China gave U.N. climate talks a lift on Friday by confirming it could sign up to a legally binding deal to cut emissions of heat-trapping gases, a move that may open the door to rescue talks over the future of the Kyoto Protocol, observers said.

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UN aviation body probes four main climate change options

The United Nations body that oversees civil aviation is considering four main options to address greenhouse emissions from jetliners, and has not yet made any decisions, a spokesman said on Thursday.

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UN aviation body seeks emissions deal by end 2012

The United Nations body that oversees civil aviation is accelerating its work to address greenhouse emissions from jetliners, and now hopes to have a global agreement by the end of 2012.

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EU's Hedegaard says Kyoto cannot be swiftly buried

The "Kyoto system" on combating climate change took years to develop and cannot simply be killed off, EU Climate Commissioner Connie Hedegaard said on Thursday, ahead of next week's climate summit in Durban.

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