Friday, October 9, 2009 9:30 AM
Need-To-Know Memo, Oct. 9
By Amy Harder, NationalJournal.com
1) "Environmental groups are trying to discredit the U.S. Chamber of Commerce by persuading companies to quit the business group over its stance on greenhouse-gas regulation, chamber President Tom Donohue said" Thursday. (Bloomberg News) Donohue did, however, back off the chamber's earlier stance that any legislation should require "full international participation." (NationalJournal.com)
2) "The Department of the Interior has frozen oil and gas development on 60 of 77 contested drilling sites in Utah, saying the process of leasing the land was rushed and badly flawed." (New York Times) "Oil companies and environmentalists have been battling over development in Utah.... But now, oil companies feel increasingly on the losing end of" that battle. (Dow Jones -- subscription)
3) The Bangkok "U.N. climate talks ended in a whimper" today "without progress on the pressing issues of emission cuts for wealthy nations or financing for the developing ones, both of which are crucial to reaching a global warming pact." (AP) With "no domestic law setting a framework," the U.S. may not agree to cut greenhouse gas emissions by a specific amount for that pact. (Bloomberg News)
4) President Obama's "so-called green team" has doubled since the administration took over in January. (AP)
5) "A group of timber and paper supply companies and environmental organizations announced Thursday a pilot project to allow landowners who selectively log their forests to earn carbon credits they can trade on the open market. Such a trading system is part of legislation before Congress that would cap greenhouse gases nationwide." (Washington Post)
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