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Inside this issue

• As the federal government prevaricates, some US states have already started trading carbon

• Australia has failed to agree a climate bill in the face of objections from energy generation companies - -

Content

Eco economy could unlock billions

Fiona Harvey says the low-carbon world will need participation from all levels of government

Yorkshire: Industrial heartland tries new strategy

Andy Bounds says a trading scheme should give the region’s companies an advantage

Carbon trading: Emissions cuts at the lowest price – in theory

Fiona Harvey examines how markets can be used to benefit the environment

Rabobank: Dutch bank focuses on windmills

Michael Steen talks to the lender with farming roots

RGGI: Mandatory scheme makes modest gains in northeast

Hal Weitzman looks at a regional carbon trading scheme in the US

Energy: Cities start thinking globally but acting locally

Ed Crooks says regional efforts to reduce energy use are achieving results

Australia: Emissions trading blocked by entrenched interests

David Fickling examines the difficulties of shifting away from a carbon-intensive economy

Manizales: Climbing out of mudslides and pollution

Naomi Mapstone visits an area recovering from environmental disaster

Transport: Urban planning and technology can change commuter ways

Congestion charging has been a success but is not the full answer, says Robert Wright

Clean technology: Investors eye Chinese approach

Tricia Holly Davis says many funds are hunting for opportunities

Reliable renewable power still faces environmental objections

Clean tech sector needs more capital

Marshalling a future that takes carbon into account

Profile: Edith Green-Wendell Wyatt building

Meetings are global but action is local

Brazil: Ambitious law seeks São Paulo transformation

South Korea: New development bites the hand that feeds eco-tourism

London: Historic city wades through congested fog of initiatives

California: Golden state sticks to its green guns

Guest column: Self interest must lead business to climate path