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news archives - april 2007

Reports

Report Says ‘Clean Technology’ Spending Hits $48 Billion in 2006
April 30, 2007 – A new research report conducted by Lux Research, a New-York based research firm, has found that research and development spending on “clean technology” hit $48 billion in 2006, up 9 percent from the previous year. The report also notes that the energy segment looks overheated. more...

Global News

United States-European Union Sign Energy Security, Climate Change Statement
April 30, 2007 – U.S. President George Bush, German Chancellor Angela Merkel and European Commission President Jose Manuel Barroso have signed a joint statement on energy security and climate change. The statement states that the United States and European Union will work together to broaden and reinforce their activities to improve energy security and reduce pollution and greenhouse gas emissions while supporting economic growth. Merkel also serves as president of the European Council. more...

US News

U.S. Earth-Observing Satellites in Jeopardy, AAS Board Cautions
April 30, 2007 – The board of directors of the American Association for the Advancement of Science has issued a statement expressing their concern with plans by the Bush Administration to propose cuts to the budgets of the National Aeronautics and Space Administration and the National Oceanic and Atmospheric Association. The AAAS board says the network of U.S. satellites are essential for weather forecasting, hurricane warning and studies of global climate change. more...

US News

AIG Joins United States Climate Action Partnership
April 11, 2007 – American International Group, Inc. has become the first U.S. insurance company to join the United States Climate Action Partnership, an alliance of major businesses and leading climate and environmental groups that want the federal government to enact cap-and-trade legislation to help reduce greenhouse gas emissions. more...

US News

Hartford, Prudential Commit to Climate Change Disclosure
April 10, 2007 -- Calvert, one of the nation’s largest families of socially responsible mutual funds, announced today that it has withdrawn climate change shareholder resolutions filed with two leading insurance companies: The Hartford Financial Services Group, Inc. and Prudential Financial Inc. The two companies agreed to improve their public reporting and disclosure regarding the potential financial risks they face from climate change and strategies for mitigating those risks. more...

Reports

UN Panel Releases Latest Climate Assessment Report
April 6, 2007 – The United Nations Intergovernmental Panel on Climate Change has released its latest report. The report says millions of poor people will suffer from hunger, thirst, floods and disease unless drastic action is taken to address climate change. more...

US News

Supreme Court Says EPA Can Regulate Auto Emissions
April 2, 2007 – The U.S. Supreme Court, in a 5-4 decision, has ruled that the Clean Air Act gives the Environmental Protection Agency the authority to regulate the emissions of carbon dioxide and other greenhouse gases from cars. more...