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Won't Be Bullied: Australia To China After Scrapping Belt And Road Deal

This scheme is very focused on Australia s national interest, Australia s Foreign Minister had said.
Beijing, China:
China on Thursday said Australia s sudden scrapping of a Belt and Road Initiative deal risked serious harm to relations and warned of retaliatory actions, but Canberra insisted it would not be bullied.
The federal government pulled the deal with Victoria state late Wednesday in a move justified by the defence minister as necessary to prevent Australia hosting a giant infrastructure scheme used for propaganda .
Australia overruled the state s decision to join the Belt and Road Initiative (BRI) the flagship of President Xi Jinping s geostrategic vision for the Asia-Pacific region by saying the agreement was inconsistent with Australia s foreign policy. ....

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Advocates Fight Change to New York City Green Buildings Law

Gov. Andrew Cuomo (Getty, iStock)
Some elected officials and environmental advocates are blaming the real estate industry’s cozy relationship with Gov. Andrew Cuomo for a change he proposed to New York City’s building emissions cap.
State legislators, along with ALIGN NY and other groups, oppose a clause in the governor’s executive budget that would allow building owners to buy renewable energy credits outside the city to offset their properties’ greenhouse-gas emissions.
The Real Estate Board of New York pushed for the change as a way for building owners to abide by Local Law 97, which caps carbon emissions for most buildings larger than 25,000 square feet. The city law allows owners to meet these restrictions by purchasing renewable energy credits generated within the city, but such credits are virtually nonexistent because the city has no wind or solar farms to speak of, nor any hydroelectric plants. ....

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