Obama Vetoes Keystone Pipeline Legislation

Volume
19,
Number
7
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26 February 2015
26 February 2015
US President Barack Obama vetoed legislation on Tuesday that would have required the approval and construction of the Keystone XL oil pipeline, citing excessive intervention by the US legislative branch in the executive process. The move, while expected, is likely to add fuel to both the...
26 February 2015
The European Parliament’s Environment Committee on Tuesday overwhelmingly supported the start of a market stability reserve (MSR) to act as a price buffer for the EU’s ailing carbon market. Lawmakers said that the reserve should be established in 2018 and be operationalised by 31 December of that...
26 February 2015
WTO members need to shift into “solution-finding mode” if they aim to develop a work programme that would lead to a quick conclusion of the Doha Round trade talks, Director-General Roberto Azevêdo said on Friday at a meeting of the organisation’s General Council. The global trade body’s members...
26 February 2015
In a highly-anticipated announcement, the EU’s executive branch on Wednesday unveiled a blueprint to establish a single market in energy supplies, purchases, and consumption within the 28-nation bloc. A 15-point action plan would move the EU towards a so-called energy union including, among other...
26 February 2015
A law firm representing three major US farm industry groups has claimed that subsidy programmes in five developing countries “violate those countries’ subsidy commitments” under WTO rules. However, the methodology used to calculate the farm support levels has been questioned by some trade officials...
26 February 2015
A WTO panel is now set to hear the EU’s complaint against the US over allegedly unfair subsidies provided to American aerospace giant Boeing, following a meeting of the trade organisation’s Dispute Settlement Body on Monday. The subsidies at issue are provided to Boeing by the US state of...
26 February 2015
Ensuring food safety and modernising the domestic agriculture sector are among China’s key priorities for this year, Beijing has said in its flagship annual policy statement, known as “No.1 Central Document.” The document , which was jointly released by the Central Committee of the Communist Party...
26 February 2015
UN delegates charged with elaborating text for a post-2015 development agenda began work last week in New York on its declaration component. The section has been slated by a number of stakeholders as having a key role to play in outlining the multilateral vision or narrative for sustainable...
26 February 2015
The debate over the renewal – and updating – of the African Growth and Opportunity Act (AGOA) has ramped up in Washington in recent weeks, with US lawmakers sparring over the potential length, funding, and features of the scheme’s next iteration, given that the current version will expire on 30...
26 February 2015
South Korea and China initialled a bilateral free trade agreement on Wednesday, following two years of negotiations. Officials say that they hope to complete the formal signing process during the first half of the year, with ratification by both sides before the end of 2015. The agreement aims to...
26 February 2015
Coming Soon 27 February, New York, US. MULTI-STAKEHOLDER PARTNERSHIPS: MAKING THEM WORK FOR THE POST-2015 DEVELOPMENT AGENDA. The United Nations Economic and Social Council (ECOSOC) will host this event to examine the mechanisms prevalent in successful partnerships and to discuss how to best...
26 February 2015
ECONOMIC SURVEY OF LATIN AMERICA AND THE CARIBBEAN 2014: CHALLENGES TO SUSTAINABLE GROWTH IN A NEW EXTERNAL CONTEXT. Published by the UN Economic Commission for Latin America and the Caribbean (February 2015). The latest edition of this publication examines the slower regional growth, increased...