16 Apr '12, 12am

Mexico poised to pass landmark climate change act:

Mexico is set to become the second country in the world to pass a far-reaching Climate Change Act that will impose binding emission reduction targets on successive governments. The country's House of Representatives approved the proposed law late last week, voting by 280 votes to 10 in favour of the bill with one abstention. FURTHER READING Germany's KfW strengthens ties with UK Green Investment Bank India ups ante in aviation emissions trade war The legislation is now expected to be approved by the country's Senate, making Mexico the second country after the UK to pass a dedicated Climate Change Act and the first developing economy to deliver legally binding emission reduction targets. The bill is broadly similar to the UK's Climate Change Act and will require future government's to meet periodic emission reduction targets with the end goal of cutting carbon emissions 50 ...

Full article: http://www.businessgreen.com/bg/news/2167731/mexico-poise...

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