The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …
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 the country will meet its carbon reduction goals. Australia is one of the world's biggest carbon emitters on a …
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 targets this year. The Swiss environment ministry said the tax would jump to 84 francs ($94.25) per …
Environment minister says it would be untenable to repeal carbon pricing and not implement Coalition's direct action plan Australia must not be left without an emissions reduction policy, the environment minister says, as the government prepares to bring forward the carbon pricing repeal debate when the new Senate sits for …
Environment minister rejects Ross Garnaut’s call to preserve ETS with floating price and allow use of international credits The Abbott government is continuing to resist entreaties to keep some of Labor’s carbon pricing architecture, with the environment minister, Greg Hunt, declaring repeal will more than likely proceed after the new …
Australia, this year's G20 chair, sees little consensus among the Group of 20 leading economies to take major new steps on climate change, senior official Heather Smith said on Wednesday. Smith, the personal representative or G20 sherpa of Australian Prime Minister Tony Abbott, is helping shape the agenda for November's …
Tony Abbott has had little to celebrate since becoming Australia’s prime minister because of his plummeting approval ratings and a hostile senate. But this week as senators finally take their seats in parliament following September’s election, he looks set to deliver one of his main campaign pledges: repealing the carbon …
PUP senators will seek amendments to ensure savings for consumers and for emissions trading scheme Clive Palmer has announced that his Palmer United party (PUP) senators will vote to repeal the carbon tax if savings are passed on to the average Australian, and will support an emissions trading scheme (ETS). …
Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation’s worst greenhouse gas polluters have to pay. The opposition center-left Labor Party and minor Greens party used their Senate majority in March to block the bills that would remove …
The current generation has to set mitigation policy under uncertainty about the economic consequences of climate change. This uncertainty governs both the level of damages for a given level of warming, and the steepness of the increase in damage per warming degree. Our model of climate and the economy is …
The UK's conservative climate and energy minister has rejected suggestions his government could form an alliance of "like-minded" nations with Australia to oppose carbon pricing. Greg Barker has put an end to Prime Minister Tony Abbott's dream that a group of five countries could be formed to undermine global moves …
This report examines the economic, climate, budgetary, power generation, and demographic impacts of implementing a revenue-neutral carbon tax for nine regions of the United States. The carbon tax would begin in 2016 with a rate of $10 per metric ton of carbon dioxide and escalate in a linear manner at …
This report examines the economic, climate, budgetary, power generation, and demographic impacts of implementing a revenue-neutral carbon tax for nine regions of the United States. The carbon tax would begin in 2016 with a rate of $10 per metric ton of carbon dioxide and escalate in a linear manner at …
Since the beginning of the 21st century, China has accounted for over four-fifths of global coal consumption growth, half of which is thermal coal used predominantly to fuel China’s coal-fired power generation fleet. The purpose of this report is to demonstrate to key stakeholders that the dynamics of China’s thermal …
As part of the carbon tax repeal process, the Australian Government has released an exposure draft of the Clean Energy Legislation (Carbon Tax Repeal) (Jobs and Competitiveness Program) Rules 2014 (the draft True-up Rules). The draft True-up Rules implement a true-up of 2013-14 allocations under the Jobs and Competitiveness Program, …
Efforts to put a value on greenhouse-gas emissions to contain global warming are being hurt as countries from Australia to Russia and Japan pull back from carbon-reduction commitments, according to the World Bank. “While some nations are taking concrete steps forward on carbon pricing, recent developments in others are a …
The share of greenhouse gas emissions covered by domestic carbon pricing initiatives increased significantly over the past year, led by the launch of six carbon markets in China. Today, 39 national and 23 sub-national jurisdictions – responsible for almost a quarter of the global greenhouse gas emissions – have implemented …
The British Columbia government is considering a requirement to force liquefied natural gas terminals to have a carbon footprint at least one-third below global standards, said two people familiar with the talks. The government of Canada’s Pacific Coast province is discussing the proposal with energy companies as it seeks to …
The UK's first carbon capture and storage (CCS) plants must be fast-tracked and get the go-ahead within a year, according to a report from MPs. It describes the technology, which traps the carbon dioxide from fossil fuel burning and buries it, as “vital to limit climate change”. The MPs on …
The centrepiece of Tony Abbott’s Direct Action plan to tackle climate change will go ahead more slowly than anticipated, alongside the abolition of the carbon tax and the purchase of a new icebreaker ship. The emissions reduction fund, which will work with businesses and households to cut carbon emissions, will …
Chile is gambling on overcoming a looming energy crisis in the biggest copper-producing country by generating more power with U.S. shale gas, just as prices of the fuel are rising. President Michelle Bachelet will unveil an energy plan this week that will rely on liquefied natural gas to ease the …
