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International climate change treaty talks end in discord and disappointment

The latest round of international climate change talks finished on Friday in discord and disappointment, with some participants concerned that important progress made last year was being unpicked. At the talks, countries were supposed to set out a workplan on negotiations that should result in a new global climate treaty,…

E.U. wins key round in carbon fight with airlines

The European Union on Thursday won a key legal round against US airlines fighting EU plans to force foreign carriers to buy carbon permits to fly to and out of the 27-nation bloc. An EU system that will require airlines to pay for their CO2 emissions from January 1 “is…

Climate change cost much larger than expected, prize-winning economist says

MADRID – British economist Nicholas Stern said the price of fighting climate change is now higher than he estimated in a 2006 study that earned him a 400,000-euro (530,000) Spanish award on Friday. Stern won the BBVA Foundation award for measuring the economic cost of climate change, notably in his…