Carbon Tax

Access and Benefit Sharing: New rules for use of biodiversity

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 …

Landfills pressure Australia government to allow U.N. carbon credits: paper

Australian landfills, set to make total windfall profits of up to A$200 million ($187 million), if the country's carbon tax is repealed have proposed using some of the revenue to buy millions of U.N.-issued carbon credits, the Sydney Morning Herald reported Monday. Landfills have for the past two years been …

Wind energy surges to record share as coal ebbs

Wind energy’s share of Australia’s main electricity market jumped to a record last month, helping to curb emissions from the power sector even as hydro output shrank, according to energy consultancy Pitt & Sherry. Wind farms, derided last week by Treasurer Joe Hockey as “utterly offensive” blights on the landscape, …

Tony Abbott's climate policies a $40 billion budget slug, says Climate Institute

The Abbott government’s changes to existing climate change policies would cost the budget as much as $40 billion by 2020, according to the Climate Institute, and the cost will blow out even further if it weakens the renewable energy target. The estimated costs stem in part from payments to polluters …

Australia's Palmer says won't back government climate plan: report

Australia's government might fail to get the necessary backing for its planned A$1.55 billion ($1.45 billion) fund to pay big emitters to cut pollution, after a Senate minority party on Monday said it would vote against the plan. Mining billionaire Clive Palmer, whose Palmer United Party (PUP) will control the …

Heating without global warming

Global energy use for heat accounts for more than 50% of final energy consumption and has important implications on energy security and energy-related CO2 emissions. Nonetheless, efforts to replace fossil-generated heat with renewable energy sources, are only slowly gaining momentum as renewable heat does not receive the attention it deserves …

'Flawed' Direct Action climate plan should go, says Senate committee

Increased cuts in emissions and floating carbon price recommended to replace Coalition scheme A Senate committee has recommended that the clean energy package introduced by the previous Labor government should not be repealed. The federal government’s climate change plan is “fundamentally flawed” and should be ditched in favour of a …

South Africa Delays Carbon Tax, Plans Levies on Acid Mine Water

South Africa’s government delayed the implementation of a planned carbon tax to 2016, while saying it may impose new levies on mining companies to help fund the treatment of acid water seeping from disused gold mines. The National Treasury two years ago said it planned to charge 120 rand ($11) …

Australia to review renewable energy target

Australia will review its mandatory renewable energy target (RET), the government said Monday, sparking concerns among green groups that a weaker target could pave the way for new coal plants and increased pollution. The target to ensure Australia generates 20 percent of its electricity from renewable sources in 2020 has …

Big fall in electricity sector emissions since carbon tax

Australia's greenhouse gas emissions from the electricity sector are down about 7.6 per cent since the carbon tax was introduced in July 2012, or the equivalent of about 14.8 million tonnes. This reduction, revealed in the September-quarter National Greenhouse Gas Inventory figures released on Wednesday, was mostly countered by rises …

Europe’s energy woes

ENERGY and green policies should be ideal for common European action. Pollutants know no borders. The cost of renewables such as wind turbines and solar panels can be cut, and their drawbacks mitigated, if they are linked across Europe. When the wind stops blowing in Germany the sun shines in …

Climate change: Planet to warm by 4 degrees by 2100

Temperatures are on course to rise at least 4 degrees by the end of the century, according to research that finds earlier climate models projecting smaller increases are likely to be wrong. The research, by a team led by the University of NSW, says a 4-degree rise in temperature would …

As Keystone ruling nears, Canada short on time for climate plan

Canada is running out of time to offer U.S. President Barack Obama a climate change concession that might clinch the controversial Keystone XL oil pipeline, as the country's energy industry continues to resist costly curbs on greenhouse gas emissions. Two years of negotiations between the Canadian government and the energy …

Managing interactions between carbon pricing and existing energy policies

Policies to reduce greenhouse gas emissions are expanding around the world. They are being implemented to deliver countries’ own ambitions to move onto a cleaner development path, and in support of their international climate change commitments. When policymakers are developing their domestic policy packages to drive emissions reductions in the …

Climate Institute urges Coalition to reconsider global carbon permits

A leading climate thinktank has joined the business community in urging the Coalition to reconsider its ban on using international carbon permits to help meet Australia’s greenhouse gas reduction goals. The Climate Institute is urging the environment minister, Greg Hunt, to set aside an “insurance” buffer in his “Direct Action” …

Thousands rally in Australia for climate action

SYDNEY: Thousands of people on Sunday rallied across Australia calling for stronger action on climate change, days after new conservative Prime Minister Tony Abbott moved to abolish a carbon tax. Activist group GetUp, which organized the National Day of Climate Action, estimated that more than 60,000 people turned out at …

Climate finance at the sub-national level: the case of Odisha

The purpose of this study is to develop financing strategies that would assist the Central and State Governments in implementing the State Action Plans on Climate Change (SAPCC) in an effective and efficient manner. There are broadly three different sources of climate finance available to States: public (domestic), private and …

Western U.S. states, British Columbia team up to battle climate change

The leaders of the three U.S. states along the Pacific Coast and the Canadian province of British Columbia agreed on Monday to align carbon-cutting policies in the coastal region, which together is equivalent to the world's fifth-largest economy. Under the agreement aimed at aligning climate change strategies, the U.S. states …

Greenhouse gas emissions from coal mining and gas up by 13%

Australia's overall emissions flatline due to electricity dip, but Greg Hunt says figures 'proof' carbon tax is a ‘pointless burden’ Greenhouse emissions from coal mining and gas production increased by almost 13% in the year to March, offsetting declining emissions from electricity production to leave Australia’s annual emissions virtually unchanged. …

India, US dig in against EU air carbon charge

European Commission last week proposed to make all airlines pay for emissions over European airspace. India voiced firm opposition on Tuesday to EU plans to impose a scaled-back carbon charge on flights over European airspace while a senior US lawmaker said the EU proposal runs afoul of a law intended …

UN Body Rejects EU Move to Levy Carbon Tax on Foreign Airlines

ICAO agrees to put in place by 2020 a market-based system to curb carbon emissions from airlines India, along with countries like China, Russia and the US, scored a diplomatic victory in the aviation sector. The UN body in charge of civil aviation, International Civil Aviation Organisation (ICAO), made it …

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