Yesterday’s blog highlights

The Financial Times reports that China may be greening its economy. China’s philosophy is moving “from ‘climate change is bad, but development is our first priority’ towards ‘development is our first priority, and climate change may threaten that’.”

The New York Times reported that Obama is hoping the Senate will take on the climate bill after financial reform. “’This is one of these foundational priorities from my perspective that has to be done soon,’ Obama said of the climate bill”

Senator Kerry goes over the fine points of the climate bill in this video posted on Treehugger. Kerry explains that “the bill will put a price on carbon but not through a cap-and-trade system.”