James Fontanella-Khan Spot news

China sets targets for 2020 carbon cuts
Plans to slash emissions per unit of economic output by 40-45% (FT)

Editorial comment: Obama goes to Copenhagen
The US president is right to attend the climate talks (FT)

India’s ONGC eyeing stake in Iran gas field
Seeking a 20-25% stake in a $7.5bn project of South Pars (Reuters)

Ghana petroleum says it had Oil deal with Kosmos before Exxon
GNPC is still in talks with Kosmos over the purchase of assets (Bloomberg)

Nuclear plant group’s safety move
Solution will ‘in principle’ meet safety, says UK regulator (FT)

Building hiatus eroded expertise
France’s nuclear watchdog warns on erosion of skills (FT)