Boeing Forms Alliance With Chinese Jet Maker

MINNEAPOLIS (AP) — Federal safety investigators intensified their scrutiny of a Monday fire aboard a Boeing 787 as concerned investors sold shares in the aircraft maker for a second day. Boeing on Tuesday confirmed that the fire aboard a Japan Airlines plane appeared to have started in a battery pack for the plane's auxiliary power unit.

OTTAWA — The oil and gas sector will need to lower greenhouse gas emissions by 42 per cent if Canada has any hope of meeting overall reductions targets by the end of the decade, says a new report from an environmental think-tank. The Pembina Institute report also says the only way that’s going to happen is if upcoming federal regulations on the sector go much farther than those already in place in Alberta.

Barack Obama cannot deliver on his promise to cut greenhouse gas emissions by 17% without decisive new actions, a report warned on Wednesday.

South Korea is caught in a dilemma between its promise to drastically cut greenhouse gas emissions and mounting concerns that the move will only benefit business rival China, a minister said Tuesday.Knowledge Economy Minister Choi Kyung-Hwan also said there were fears that energy-intensive local companies such as steel firms and automakers would relocate overseas to avoid tougher curbs on emissions.South Korea last month set an ambitious target for its voluntary cut in greenhouse gas emissions, saying it wants to set an example to other developing countries.

China and Greece will set up a centre to look at ways of saving energy and cutting greenhouse gas emissions in the merchant navy, Chinese Premier Wen Jiabao said Saturday.Wen was speaking during a visit to the premises of the Chinese shipping giant Cosco at the Greek port of Piraeus, which lies next to Athens."To modernise Piraeus, we have to make efforts to cut greenhouse gas emissions," Wen said, in comments issued in a statement.Cosco, which won a concession to run two of the port's terminals in 2008, accounts for half of the port's commercial traffic.

OTTAWA — Environmental regulations for Canada’s oil-and-gas sector are in their final stages, the environment minister said Tuesday. The regulations would seek to curb the sector’s greenhouse-gas emissions to help Canada meet a 2020 target for a 17 per cent cut in overall emissions from 2005 levels. Rules are already in place for the transportation and coal-fired electricity industries, but estimates suggest they get Canada only halfway to that goal.

In 2002 Time named Richard Sandor a "Hero of the Planet" for founding the Chicago Climate Exchange (CCX). The CCX traded permits based on voluntary but binding commitments from firms to cutback on carbon emissions and other greenhouse gases.  Without enforced limits, however, or, if you prefer, without property rights in emissions, the market is not self-sustaining and CCX is cutting workers and may be wound down.