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Saturday, 24 July 2010

US Senate Drops Bill to Cap Carbon Emissions

'A major climate change bill that would have capped carbon emissions has been abandoned by Democrats in the US Senate in the face of opposition from both sides of the house.

Under pressure from falling popularity ratings, Barack Obama had hoped the bill would add to the two biggest legislative successes of his presidency: the comprehensive health care bill and reform of the US banking and financial sector...Read more: