China will introduce a pilot scheme for carbon emissions trading and gradually develop a national market as the world's largest polluter seeks to reduce emissions and save energy, state media said.
CANBERRA (Reuters) - Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe.
NEW YORK — Bernard Madoff, sentenced to 150 years in jail for the biggest financial scam in US history, on Tuesday said the judge in his case had made him a "human pinata" and passed an overly harsh sentence.
WASHINGTON — A US Army sergeant and his colleague took more than $170,000 in a bribes and money laundering scheme at Camp Arifjan, a US military base in Kuwait, according to an indictment unsealed Tuesday.
ATHENS (AFP) – Greece could earn up to 170 million euros for its cash-strapped treasury from a trade of greenhouse-gas emission allowances on the Athens stock exchange, a report said Sunday.