Economist got Obama nod on seed money for Chicago-type climate law. Richard Sandor, a Brooklyn-born economist who gave up teaching at the University of California in 1973 to trade the first Treasury-bond futures, is getting his way with the biggest change in U.S. environmental policy in 20 years. And he has an unwitting ally from Chicago. [News Source]

How the global warming bill will affect your wallet. Obama and supporters of the Waxman-Markey bill are now facing a litany of charges that the bill is not a good deal for American consumers. Critics on both sides of the political aisle complain that the bill does both too little and too much. [News Source]

Environmental group challenges gas tax bill. An environmental group is threatening to refer the Legislature’s gas tax to the ballot unless lawmakers do more to combat greenhouse gas emissions in the Eugene-Springfield area specifically, and elsewhere in Oregon. [News Source]

To investigate the rate of change, start climbing. Soaring way above the Bago Forest at Tumbarumba, a tower covered in instruments is measuring the air, every hour, every day, to test whether the tall mountain ash trees in southern NSW are still helping to keep the planet cool. [News Source]

Melting of Himalayan glaciers could be dangerous to S Asia. South Asia, which is already battling terrorism, could become even more volatile if the Himalayan glaciers continue to melt and deplete the water supply for a billion people, and world leaders fail to address the crisis, Senator John Kerry warned Monday. [News Source]

Global warming causing mass migration. Global warming will submerge island states, destroy farmland and force millions of people into migration by 2050, according to a report unveiled at climate negotiations in Bonn, Germany. [News Source]

McCartney backs ‘meat free Mondays.’ Sir Paul McCartney has followed in the footsteps of the world's leading climate scientist and a small Belgian town by calling on people to go meat-free one day a week and cut carbon emissions. [News Source]

U.S. faces security threat from climate change: Sen. Kerry. Global warming threatens U.S. security by leaving important military hubs vulnerable to rising seas and possibly fomenting anti-American sentiment in poor countries in South Asia and Africa that are most vulnerable to climate change impacts, U.S. Sen. John Kerry said on Monday. [News Source]

Bank of Greece to study climate change impact. The Bank of Greece said on Tuesday it had set up a commission of scientists to study the impact of climate change on the country's economy. [News Source]

Study says US winds are slowing. A new study holds potentially unwelcome news for wind power developers: wind speeds in the United States have dropped 15 to 30 percent over the course of about 30 years. And one possible cause, according to the authors, is climate change. [News Source]

Government study warns of climate change effects. The impact of a changing climate is already being felt across the United States according to a government study to be released on Tuesday. [News Source]