Space Travel News  
TRADE WARS
Leading climate change economist warns US of trade boycott

by Staff Writers
London (AFP) Nov 19, 2010
A British climate change economist at the heart of international negotiations seeking a greenhouse gas deal said Friday that the US faces a trade boycott if it fails to rein in its carbon emissions.

Lord Nicholas Stern, author of the British government's 2006 report on the economics of climate change, warned the US that many countries would shun its goods if they deemed them to be "dirty."

"The US will increasingly see the risks of being left behind, and 10 years from now they would have to start worrying about being shut out of markets because their production is dirty," Stern told The Times newspaper.

"If they persist in being slow about reducing emissions, US exports will start to look more carbon intensive."

Stern advises several G20 countries and his 2006 Stern review is regarded as the most in-depth and well-known study into climate change economics.

World leaders will meet at the UN climate change conference in Cancun, Mexico, in 10 days' time to try and kickstart emissions negotiations which faltered at the Copenhagen conference last December.

Stern said that countries who have pledged to reduce their emissions would resent competition from "dirty" exports. He highlighted aircraft, cars and machine tools as goods which could face restrictions.

"If you are charging properly for carbon and other people are not, you will take that into account," he said. "Many of the more forward-looking people in the US are thinking about this."

US President Barack Obama pledged before the Copenhagen conference to cut US emissions by 17 percent on 2005 levels by 2020, but has been thwarted by Congress.

Any new US commitments within the next two years are highly unlikely following the Republican party's gains in the midterm elections.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TRADE WARS
Chinese consumers blame US as prices spiral up
Beijing (AFP) Nov 18, 2010
At a bustling outdoor fruit and vegetable market in Beijing, Zhan Tiehui grumbles about rising prices for garlic, ginger and cabbage and points a stubby finger in the direction of the United States. "The source of China's inflation is America, they are printing too much money," Zhan, 50, told AFP as she clutched plastic bags full of vegetables. "Everything is definitely more expensive th ... read more







TRADE WARS
ILS Proton Launches Lightsquared Satellite

Russia Launches Advanced US Telecom Satellite

NASA plans Alaska satellite launch

ULA Launches 350th Delta

TRADE WARS
Camera On Curiosity's Arm Will Magnify Clues In Rocks

Breaking The Ice In Antarctica

Driving Through A Field Of Small Craters

Light And Dark In The Phoenix Lake

TRADE WARS
Mining On The Moon Is A Not-So-Distant Possibility

A Softer Landing on the Moon

New Analysis Explains Formation Of Lunar Farside Bulge

New type of moon rock identified

TRADE WARS
Kuiper Belt Of Many Colors

Reaching The Mid-Mission Milestone On The Way To Pluto

New Horizons Student Dust Counter Instrument Breaks Distance Record

Nitrogen Methane Dominate Icy Surface Of Eris

TRADE WARS
Eartly Dust Tails Point To Alien Worlds

U.K. astronomers see 'snooker' star system

e2v To Develop Image Sensors For PLATO Exoplanet Mission

Solar Systems Like Ours May Be Common

TRADE WARS
NASA Test Fires New Rocket Engine for Commercial Space Vehicle

Rocketdyne To Perform Risk-Reduction Tests On 3GRB Engine

SpaceShipTwo designer Rutan retiring

Acceptance Testing On Second R-4D Development Engine Completed

TRADE WARS
Chinese Female Taikonaut Identified

Tiangong Space Lab Spurs China Space PR Blitz

China Announces Success Of Chang'e-2 Lunar Probe Mission

China launching spacecraft at record rate

TRADE WARS
Japan confirms space probe brought home asteroid dust

Most Particles In Hayabusa Explorer's Capsule Originate From Asteroid

Primordial Dry Ice Fuels Comet Jets

EPOXI Reveals Comet Hartley 2


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement