Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices, if plans to allow
The goal of a global carbon market to tackle climate change, once touted to reach $2 trillion by 2020, received a major setback when Australia on Thursday scrapped its planned carbon trading scheme, which
Australia cut carbon dioxide emissions from its electricity sector by as much as 17 million tonnes because of the carbon price and would have curbed more had industry expected the price to be permanent,
Britain wants deeper reforms to the EU Emissions Trading System (ETS) than those proposed by the European Commission and Germany, favoring cancelling hundreds of millions of carbon permits over launching
The Australian Senate voted on Thursday to scrap the country's carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves uncertainty about how
Switzerland threatened on Monday to raise its tax on greenhouse gas emissions from the energy sector by 40 per cent if companies regulated by the country's emissions trading system do not meet government-imposed
Cooling towers emit vapor into the night sky at a nuclear power plant in Grohnde, Germany. European pollution permit prices are poised to rise as lawmakers work on a proposal to permanently cut a record
A move by the European Union to impose duties on carbon-intensive imports would scupper the chances of striking a global agreement to tackle climate change next year, the bloc's top climate official said
Donations of U.N.-backed carbon credits to help reduce the carbon footprint of the World Cup in Brazil have surpassed the half million mark, the local government said on Thursday. Brazilian companies
China's Tianjin has extended the deadline for its biggest carbon producers to comply with the city's emissions trading scheme a second time, giving companies two more weeks to hand over permits to the
