US urged to lead global warming treaty efforts
Washington officials and international leaders pressed the United States to enact mandatory greenhouse gas limits this year to forge an effective Copenhagen climate accord. Todd Stern, the Obama administration envoy, urged passage of a strong cap and trade plan while critics warned of higher consumer costs. Domestic lawmakers consider a summer vote on a national program, with debates over allocating credits and funding for renewables.
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Copenhagen
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Jim Rogers
Obama to order contracting overhaul to curb costs
President Obama plans a presidential memo to overhaul government contracting. The move, aimed at saving about 40 billion dollars annually, will tighten bid rules, curb bid rigging and expand access to independent contractors while limiting no bid contracts. The steps involve OMB director Peter Orszag coordinating with cabinet agencies to draft new rules by September. The plan includes transparency, accountability, and stopping outsourcing certain services to private firms.
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