"Russia's Putin Says Arctic Trade Route To Rival Suez"
"Prime Minister Vladimir Putin on Thursday predicted Arctic shipping routes along Russia's northern coast would soon rival the Suez Canal as a quicker trade link from Europe to Asia."
"Prime Minister Vladimir Putin on Thursday predicted Arctic shipping routes along Russia's northern coast would soon rival the Suez Canal as a quicker trade link from Europe to Asia."
"Leaked World Bank documents propose that rich countries should eliminate the $50bn a year they give in fossil fuel subsidies, in order to financially help poor countries address climate change.
The documents, due to be presented to the G20 finance ministers in November, also suggest that countries redirect "climate aid" money already pledged, towards the propping up ailing carbon markets.
"The U.S. would not consider a climate deal 'genuinely binding' if it excludes the biggest emerging economies or if those countries' commitments were conditional upon financial support from developed countries, the lead U.S. climate negotiator said Monday."