The United Nations (UN) issued its fourth and final report on global climate change last Saturday, putting an exclamation point on the growing consensus that global warming is real, humans have contributed significantly to it and an international effort will be needed to mitigate and reverse its potential negative impacts. It leaves the energy industry facing greater pressures, particularly the coal sector.
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CA Lawmakers Pass Global Warming, Emissions Bills; Gov to Sign
California’s legislature Thursday put the final exclamation point on the state’s far-reaching move establishing the toughest standards in the nation in an attempt to turn back the clock on greenhouse gas (GHG), or global warming, emissions, passing mandatory reporting and emission limits for electric generation plants, refineries and other major industries (AB 32), along with a ban on adding any new power generation or supply contracts tied to traditional coal-fired power generation (SB 1368).
September 5, 2006
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