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 UN climate change negotiating text leaves no one fully satisfied, especially given the yawning gap between positions of rich and poor countries The 53-page negotiating text, released by the UN climate change secretariat for the talks beginning in Bonn next week for thrashing out a treaty on tackling global …
PRESIDENT BARACK OBAMA was emphatic during his campaign and after his election: The best way to fight climate change is to cap carbon emissions and auction off tradable permits to emit carbon. "If you're giving away carbon permits for free, then basically you're not really pricing the thing and it …
The Himachal Pradesh Cabinet on Wednesday decided to prepare a detailed report after extensive survey to identify the industrial units not observing the laid down pollution control standards to check emission of greenhouse gases and imposed carbon tax on them. The industrial units would be required to observe the standard …
The carbon market doubled to $126bn, but the value of transactions financing project-based emission reductions fell 12% to $6.5bn in 2008. Difficulties in getting financing for projects during the financial crisis, regulatory delays and the market's uncertain future caused the drop. World Bank is working to deepen the reach of …
The government has committed to the International Monitory Fund (IMF) to explore the possibility of levying carbon tax to enhance revenue collection. Sources told to Business Recorder on Tuesday that the government is exploring the possibility of levying some kind of excise duty, or carbon tax, on fuel consumption, responsible …
This report on Canada forms part of a multi-country effort by the Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) to characterize and quantify government support for liquid biofuel production, distribution and consumption. An overview of ethanol and biodiesel, the main fuels evaluated in this report. …
A method is presented that allows for a life cycle assessment (LCA) to provide environmental information on an energy infrastructure system while it evolves. Energy conversion facilities are represented in an agent-based model (ABM) as distinct instances of technologies with owners capable of making decisions based on economic and environmental …
Participants at a scientific conference held in Copenhagen in March were shocked to hear new, much higher estimates for likely sea-level rise and rainforest loss that could lead to trees emitting more carbon than they store.
Lord Stern, the climate economist, yesterday urged governments to raise their spending on green energy in economic stimulus packages and to combat carbon dioxide emissions, saying the decision could save billions of dollars in coming years. Governments have been wary of taking measures, such as emissions trading or carbon taxes, …
This report aims to investigate how the biodiversity conservation and climate change mitigation agendas can be linked in ways compatible with current and forthcoming markets for ecosystem services. Is there a business case for high-biodiversity REDD projects and schemes? The main analytical focus here is on carbon markets, considering that …
"CARBON TAX STRIKES ME AS A MORE DIRECT, A more transparent and a more effective approach (of countering global warming)." This reads like just another line from the ongoing carbon tax versus cap-and-trade debate, except that it comes from Rex Tillerson, the CEO of the world's largest oil company Exxon-Mobil. …
Date: 23-Jan-09 Country: BELGIUM/UK Author: Pete Harrison and Gerard Wynn BRUSSELS/LONDON - Rich nations could raise $200 billion in climate funds through a levy on their greenhouse gases from 2013-2020 to help poor countries prepare for global warming, the European Union will say next week. The plan is set out …
The government has opposed moves to impose carbon tax on the aviation sector as well as the shipping industry that would make the consumer bear the burden. Global transport accounts for about 14% of the total emissions worldwide. But the world is still undecided about whom to blame for them. …
The challenge of climate change demands a response from all sectors of the economy. Importantly, action on the part of individuals will be required if greenhouse gas (GHG) emissions are to be cut to the levels necessary to avoid the worst consequences of climate change. However, new challenges must be …
With companies cutting production globally, carbon emissions are down, and so is the demand for certified emission reductions (CERs) or carbon credits. This has led to the price of carbon credits crashing from E25 in September to E15 last week. But according to many carbon market traders, the supply of …
The climate policy debate has advanced from science to economics, with a growing focus on creating carbon markets and getting the prices right. This is necessary but far from sufficient for an effective and equitable response to the climate challenge. While market-oriented forces such as the IMF and the World …
