Tropical Storms Doubled Due to Global Warming  [archive]
from AP/CNN.com, July 2007
The number of tropical storms developing annually in the Atlantic Ocean more than doubled over the past century, with the increase taking place in two jumps, researchers say.

Global Warming Threatens Pacific Northwest Coast  [archive]
from the National Wildlife Federation/ScienceDaily, July 2007
Puget Sound, home to already-imperiled salmon, orcas and shorebirds, could be further jeopardized by rising sea-levels brought on by global warming, according to a new report from the National Wildlife Federation.

Is Extreme Weather Due to Climate Change?  [archive]
from BBC, 7/25/2007
With parts of Europe baking in a heatwave, while parts of England are experiencing their worst flooding for 60 years, it is tempting to ascribe this extreme weather to climate change.

Science

Slowing Global Warming by Enhancing the Natural Sulfur Cycle  [archive]
from PRWeb, 7/24/2007
Scientists have proposed a limited iron fertilization of the Southern Ocean as a means to stimulate the natural sulfur cycle associated with marine phytoplankton. This could result in increased cloud reflectivity that would slow down global warming and possible decrease sea level rise.

Ozone Hampering Plants' Absorption of Carbon Dioxide  [archive]
by Amber Dance, LA Times, 7/26/2007
Rising levels of ozone pollution near the ground are damaging the ability of plants to take up carbon dioxide, reducing their potential to act as a counterbalance to greenhouse gas accumulation, scientists said Wednesday.

Carbon Capture Technology to Help UK Tackle Global Warming  [archive]
from ScienceDaily, 7/27/2007
The Centre for Innovation in Carbon Capture and Storage (CICCS) — due to open in October 2007 — will develop novel technologies to trap and store greenhouse gases permanently and safely, so they are not released into the atmosphere.

Indirect Radiative Forcing of Climate Change Through Ozone Effects on the Land-Carbon Sink  [archive]
from Nature, 7/25/2007
Much-covered in the popular media this week, this scientific paper finds "a significant suppression of the global land-carbon sink as increases in ozone concentrations affect plant productivity."

Carbon Market

FEATURED ARTICLE:
Bank of America Joins Chicago Climate Exchange, Makes Strategic Investment in Climate Exchange PLC   [archive]
from CNN/PR Newswire, 7/25/07
Bank of America's membership on the CCX--which comes with other commitments, including a promise to purchase 500,000 tons of offsets of over the next three years--is a key step in the development of its carbon emission credit trading platform, which is part of the bank's $20 billion environmental initiative.

FEATURED ARTICLE:
GE Unveils First Credit Card Dedicated to Reducing U.S. Cardholders' Carbon Emissions  [archive]
from BusinessWire, 7/25/2007
The first consumer finance product in GE’s ecomagination portfolio allows users to reduce their carbon footprint by automatically contributing up to 1% of their card purchases to buy greenhouse gas (GHG) emissions offsets.

Carbon Offsets from the U.S. Government  [archive]
The Daily Green, July 2007
The U.S. Forest Service and the National Forest Foundation launched the first carbon offset program for individuals that involves the federal government yesterday. For $6, individuals can offset one ton of carbon.

Report Recommends Emissions Trading Market for California  [archive]
from AP/Mercury News, 7/27/2007
Some proposals for how an emissions-trading market would work, as outlined by a committee appointed by Gov. Arnold Schwarzenegger.

Carbon Offsets Deliver Where it Matters  [archive]
by Martin Wright, BBC, 7/23/2007
The backlash against carbon offsetting could whip away funds from some ground-breaking projects in Asia and Africa, and criticism of projects which allow people to offset their emissions fails to look at the bigger picture.

Australia's First Carbon Trading Exchange Opens  [archive]
from Reuters, 7/23/2007
Australia's first carbon trading exchange opened on Monday, setting an initial price for carbon at A$8.50 ($7.50) per metric ton under the voluntary scheme.

Politics/Legislation

Four Senators Gang Up on Climate Change  [archive]
from Bloomberg, 7/24/2007
Two democrats and two republicans are proposing to amend one of the existing legislative "cap-and-trade" plans, which cap emissions and allow trading of pollution allowances.

Carbon Policy that Works  [archive]
by Sebastian Mallaby, Washington Post, 7/23/2007
In his Op-Ed, Mallaby claims that Congress should reducing emissions across the whole economy, either by taxing carbon or by capping it, instead of creating a "mandatory cap-and-trade system that mimics Kyoto's clunkiness."

U.S. Environment Chief Draws Fire on Global Warming  [archive]
by Deborah Zabarenko, Reuters, 7/26/2007
The Bush administration's environment chief drew fire on Thursday from Democratic senators for delaying a decision on whether to let California regulate global warming emissions from cars and light trucks.

Senate Environment Presses Ahead on Federal, State Climate Action  [archive]
by Coral Davenport, Congressional Quarterly, 7/23/2007
The Senate panel charged with producing climate change legislation plans to deliver a major bill in the coming month. That would set the stage for this fall, when lawmakers in both chambers say they want to get down to the details of hammering out global warming legislation.