Earth Near Climate 'Tipping Points,' NASA Says  [archive]
from MSNBC, 5/31/2007
Carbon dioxide and other greenhouse gases emitted by humans have brought Earth’s climate close to "critical tipping points, with potentially dangerous consequences for the planet," according to NASA and the findings of a new study.

Capitalism Against Climate Change  [archive]
by R. Glenn Hubbard in the Wall Street Journal, 5/31/2007
Mr. Hubbard, dean and professor of finance and economics at Columbia Business School, discusses the interplay between climate change policy and the economy.

Everybody Talks About the Weather; All of a Sudden, It's Controversial  [archive]
by Maria Aspan, New York Times, 6/3/2007
As the Weather Channel has seen its primary subject turn into a hot-button issue, it has had to grapple with how it wants to address it — and has decided not to tread gingerly.

Global Warming 'Is Three Times Faster Than Worst Predictions'  [archive]
by Geoffrey Lean, The Independent (UK), 6/3/2007
Global warming is accelerating three times more quickly than feared, a series of startling, authoritative studies has revealed.

Science

Cyclones May Help Fuel Ocean Heat Transfer [archive]
by Alex Morales, Bloomberg
Tropical cyclones may play a key role in the transfer of ocean heat that should be considered when predicting future climate change, scientists said.

Carbon Market

FEATURED ARTICLE:
Carbon Credit Sales May Double This Year   [archive]
by Dinakar Sethuran, Bloomberg, 5/28/2007
Developing countries, led by China, may more than double sales of carbon credits to $12 billion this year as Japan and Europe try to meet an emissions reduction deadline by 2012, a Rabobank Groep official said.

EUA Prices Double in 3 Months  [archive]
from CarbonPositive, 5/31/2007
A sharp spike EUA prices in phase two of the EU carbon market has come to an end, following benchmark prices topping €25 earlier this week.

Climate Exchange Says Unit to Form New Exchange in California  [archive]
from AFX News, 5/29/2007
Climate Exchange PLC said its Chicago Climate Exchange subsidiary is forming the California Climate Exchange to develop and trade financial instruments relevant to the California Global Warming Solutions Act, AB32.

Global Carbon Market Gets Mixed Signals  [archive]
by Gerard Wynn, Reuters, 6/1/2007
The chances of carbon markets becoming a global weapon against climate change were no clearer on Friday, as Australia gave a qualified thumbs up, similar to Canada, but the White House remained opposed.

Trading Thin Air  [archive]
from The Economist, 5/31/2007
The carbon market is working, but not bringing forth as much innovation as had been hoped.

Politics/Legislation

FEATURED ARTICLE:
US Seeks New Greenhouse Goals  [archive]
from BBC, 5/31/2007
A change in tone from the White House: US President George W Bush has urged countries to agree on long-term goals for greenhouse gas emissions.

Business, Labor and Public Leaders Support Cap-and-Trade Program as Part of California's Climate  [archive]
BusinessWire Press Release, 6/1/2007
Noting the release of a draft report today by the California Market Advisory Committee (MAC), business, labor and public leaders represented by the California Council for Environmental and Economic Balance (CCEEB) came out in broad support for a greenhouse gas (GHG) cap-and-trade program as part of California’s climate change regulatory framework.

Greenland Ice Melt Speeds Up Emissions Controls  [archive]
by Zachary Coile, San Francisco Chronicle, 6/2/2007
House Speaker Nancy Pelosi, back from a trip that took her to the ice sheets of Greenland, said the House will push forward with legislation to create a California-style cap-and-trade system to slow global warming.

California Cap-and-Trade Plan Endorsed to Fight Global Warming  [archive]
by Sarah Jane Tribble, Mercury News, 6/2/2007
Taking a step that highlights California's leading role on environmental issues, the Schwarzenegger administration put its muscle behind a plan to use a pollution trading system similar to one in Europe to help fight global warming.

Time to Tax Carbon  [archive]
from the Los Angeles Times, 5/28/2007
Opinion piece arguing for the carbon tax as the most effective of available climate change policy options.