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ARTICLE · 05 AUGUST 2008

Climate Change Policy Update Week of July 28 – August 1, 2008

Van Ness Feldman LLP
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This week's most significant news involves a study by a marine advocacy group naming global shipping as the 6th largest source of global GHG emissions ranking just behind the United States, China, India, Russia and Japan . . . And, in Japan, a planned investment of $30 billion over the next 5 years to develop carbon capture and sequestration technologies appears to kick off a high stakes technology race that could bring commercial success to the future winn

United StatesEnvironment

Article by Kyle W. Danish, Shelley N. Fidler, Andrea Hudson Campbell and Kevin M. Gallagher

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Commentary:

This week's most significant news involves a study by a marine advocacy group naming global shipping as the 6th largest source of global GHG emissions ranking just behind the United States, China, India, Russia and Japan . . . And, in Japan, a planned investment of $30 billion over the next 5 years to develop carbon capture and sequestration technologies appears to kick off a high stakes technology race that could bring commercial success to the future winners . . . Keeping the US in the clean coal technology contest, Senator Rockefeller added a new proposal to provide tax benefits to offset high capture and sequestration costs . . . States as diverse as Nevada, Massachusetts and

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