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 …
Iron ore miner Fortescue Metals Group joined BHP Billiton Tuesday in calling for Australia to consider a carbon tax over emission trading, as a senior minister backed a targeted carbon price for electricity. Australia, one of the worst per-capita greenhouse gas polluters, is renewing policies to curb emissions after elections …
Has the self-styled "sceptical environmentalist" changed his mind about global warming? After all, he says we need $100 billion a year to counteract it.
This report presents research on international shipping emissions and climate change undertaken at The University of Manchester by the Tyndall Centre for Climate Change Research and the Sustainable Consumption Institute (SCI). The research considers the role that the shipping sector could play in mitigating total global emissions, with a particular …
New Delhi: The finance ministry has mined data of Indian companies that have not been paying tax on the income earned by selling their carbon credits or certified emission reductions (CER). These entities are likely to face penal action once a case of tax evasion is established against them. They …
Taxmen Get Active As Scrutiny Reveals Many Listed Cos Not Including Carbon Credits In Their Income While Calculating Tax Deepshikha Sikarwar NEW DELHI Corporate earnings from trading in certified emission reduction or carbon credits has caught the eyes of income tax department. Tax authorities plan to closely look at companies …
Ronojoy Banerjee New Delhi: India is gearing up to strongly oppose any move by developed countries to impose a carbon tax on developing economies in the next World Trade Organisation (WTO) meeting. According to a senior government official, India is preparing to take on the West on this contentious issue, …
New Delhi: India has demanded that the UN prevent any green protectionism by developed countries and include an explicit statement in the opening charter of any new deal to block carbon based taxes being imposed on exports from developing countries such as India. The statement to the effect was made …
CHINA IS contemplating levying carbon tax and raise the prices of petroleum for the next five years as an incentive to cut greenhouse gas emissions and help realise green targets, an expert said today.
Climate policy, as it has been understood and practised by many governments of the world under the Kyoto Protocol approach, has failed to produce any discernable real world reductions in emissions of greenhouse gases in 15 years. The underlying reason for this is that the UNFCCC/Kyoto model was structurally flawed …
Interests in obtaining carbon offsets in host countries for Clean Development Mechanism projects may serve as an obstacle to implementing more stringent general environmental policies in the same countries. A relatively lax environmental policy, whereby carbon emissions remain high, can be advantageous for such countries as it leaves them with …
This recent study analyses the economic and political consequences of introducing a tax on the carbon content of imported goods at EU borders and whether such a tax would be compatible with WTO rules. This study analyses the economic and political consequences of introducing a tax on the carbon content …
Sukumar Mukhopadhyay / April 26, 2010, 0:41 IST P>The environmentalists are doing genuinely good work to promote more favourable situation for the earth to survive the rampaging attack on ecology. But in the process one has to look for the correct method. The environmentalists advocate eco-tax and eco-subsidy to cope …
Plans To Take On West Once Trade Barriers Are Set Up POLICYMAKERS and businesses are bracing to face the threat of higher entry barriers for Indian goods in the Western markets under the garb of environmental protection. Both the US and the EU are discussing additional taxes on carbon-emitting products …
Q&A;: Connie Hedegaard, Climate Action Commissioner, EU Kirtika Suneja / New Delhi April 14, 2010, 0:34 IST Connie HedegaardThe European Union (EU) may have been hinting at imposing a carbon tax to force exporting countries into taking urgent steps towards adopting cleaner technologies, but EU
If a carbon tax is to be devised at all, it should wait for the current confabulations at the multilateral level to lay down acceptable ground rules. The Minister of State for Environment and Forests, Mr Jairam Ramesh, has done well to counter the threat from the US and Europe …
The social cost of carbon (SCC), defined as the estimated price of the damages caused by each additional ton of carbon dioxide (CO2) released into the atmosphere, is the volume dial on government regulations affecting greenhouse gases: The higher the SCC is set, the more stringent the regulatory standards. This …
Vidya Ram A border carbon tax at the region's border should only be considered after other options have been looked at, a key EU official has said. Though the tariffs remained