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  • Editor’s Picks / 21 April 2016 at 11:38 GMT

    US can reach emissions goals without Supreme Court, Mr Bloomberg says

    As world leaders gather on Friday in New York to sign the Paris agreement on climate change, some are worried that the US Supreme Court has put on hold the Obama administration’s Clean Power Plan, a roadmap for greenhouse emissions cuts. But the federal government is not the primary force in the US fight against climate change, and the US will meet and probably exceed its commitment to reduce emissions by 26-28% by 2025 even if the court strikes down parts of the plan, said US businessman and former mayor of New York, Michael Bloomberg, in a column for Bloomberg Views. "It was a modest goal," Bloomberg said, adding that by 2015 the US had already cut emissions by 11% from 2005 levels. "Many of us believed that President Obama should have set a more ambitious target. Even now, with the Clean Power Plan on hold, a more ambitious goal is achievable," said Bloomberg, who is the UN secretary-general’s special envoy for cities and climate change.
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  • Article / 29 July 2014 at 5:46 GMT

    Don't mess with me Argentina

    Managing Partner / Spotlight Group
    United Kingdom
    There are increasing worries that tomorrow Argentina could default once again. The country is in no mood to satisfy holdout investors but a default will lead to another economic downturn.
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