EU ignores US objections over including aviation in CO2 plan. The European Commission will present a proposal by the end of this year to include all flights into and out of the European Union in its carbon trading scheme, rejecting US concerns, an official said yesterday. [News Source]

Australia suffers worst drought in 1,000 years. Australia's blistering summer has only just begun but reservoir levels are dropping fast, crop forecasts have been slashed, and great swaths of the continent are experiencing drought conditions. [News Source]

Counting on capitalism to save the planet.

An emissions-trading system will be the centrepiece of California’s effort to implement its global warming strategy.

UN talks split on date for climate fight rules. A UN conference working to fix long-term rules to fight global warming beyond 2012 "as soon as possible" was split on Tuesday over whether that meant an accord should be struck in 2008, 2009 or even 2010. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]

Climate change (OECD Observer) The Kyoto Protocol will be implemented in mid-February, while the size of the challenge presented by climate change is becoming more daunting than expected. Yet, basic steps could be taken that will not only tackle the effects of global warming, but promote development as well. [News Source]