A draft analysis by the European Commission finds that a proposal to increase the goal for Europe's greenhouse emission reduction would be considerably less costly than originally thought, Reuters reports.
California Gov. Jerry Brown is planning to partly ease the state's $9.2 budget deficit by funnelling some of the revenue it takes in from the country's first cap-and-trade program to ease greenhouse gas emissions, Bloomberg reports.
United Continental Holdings said it's added a $3 ticket charge on flights to Europe, following a similar move by Delta Air Lines to cover the cost of new European rules on greenhouse gas emissions, Bloomberg reports.
The European Commission stood firm Thursday on its new law requiring airlines to account for their carbon emissions, as China and other countries indicate defiance, and said if they don't comply, they could be banned from European airports, The New York Times reports.
In a formal petition, the U.S. Chamber of Commerce is asking EPA to reevaluate what it believes are inflated estimates of greenhouse gas emissions and other pollution from oil-and-gas drilling sites, The Hill reports.
The Washington Post reports that Brazil is on the verge of enacting a broad new Forest Code that backers say will ease the regulatory burden on small farmers while protecting rainforests, while critics argue the changes will increase deforestation and greenhouse gas emissions.
USA Today reports that as the nation for the first time in decades becomes a net exporter of petroleum products, the results are seen as transformative toward energy independence but they also exact a worrying environmental toll.
A report issued Thursday says the European Union can cut its emissions of greenhouse gases dramatically by 2050 without spending any more money — and even, perhaps, saving a bit.
That estimate is based on an assessment that the new plants and equipment needed to switch to the generation of clean energy would cost more than continued reliance on fossil fuels, but that the clean energy itself would cost less.
"Only a new energy model will make our system secure, competitive and sustainable in the long run," said EU Energy Commissioner Guenther Oettinger. The report, called "Energy Roadmap 2050," was produced by the European Commission, the executive branch of the 27-country European Union.
Liberal watchdog group Checks and Balances Project said the State Department inspector general is investigating potential conflicts of interests in the department's environmental review of the Keystone XL pipeline, The Hill reports.