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 …
This Technical Note provides a summary of the key elements and design features of 11 different carbon offset programs. It discusses the essential differences and similarities between programs, and discusses how these programs address key issues, such as: efficiency, environmental integrity, applicability, and transaction costs. It does not evaluate the …
What is the optimal instrument design and choice for a regulator attempting to control emissions by private agents in face of uncertainty arising from business cycles? In applying Weitzman's result [Prices vs. quantities, Review of Economic Studies, 41 (1974), 477-491] to the problem of greenhouse gas emissions, the price-quantity literature …
The European Parliament’s largest political group withdrew a draft compromise on advancing a remedy for Europe’s carbon market to 2019 after its proposal failed to win broad support Monday in the legislature’s industry committee. The European People’s Party opted Tuesday to form a coalition with the European Conservatives and Reformists …
The carbon intensity of Australia's main electricity grid has surged since the end of the carbon tax, undermining the Abbott government's efforts to cut national emissions. On an annualised basis, emissions from the National Electricity Market serving eastern Australia have risen by 3.9 million tonnes since June, while the sector's …
The carbon intensity of Australia's main electricity grid has surged since the end of the carbon tax, undermining the Abbott government's efforts to cut national emissions. On an annualised basis, emissions from the National Electricity Market serving eastern Australia have risen by 3.9 million tonnes since June, while the sector's …
The analysis calculates an emissions gap relative to expected emission levels in 2030, in recognition of the growing focus that action beyond 2020 is gaining in international climate change negotiations. Not least, the report provides an assessment of the carbon budget that is consistent with the 2° Celsius temperature target.
This paper describes the creation of a database providing estimated greenhouse gas (GHG) footprints for 6 million US households over the period 2008-2012. The database allows analysis of footprints for 52 types of consumption (e.g. electricity, gasoline, apparel, beef, air travel, etc.) within and across geographic regions as small as …
Market-based policies that put a price on greenhouse gases can reduce emissions cost-effectively while driving clean energy innovation. This brief compares six carbon pricing proposals introduced, or released in draft form, in the 113th Congress (2013-2014).
The State Government is building up a strong case to ask the Union Government for levying “Green Dividends”, an incentive for maintaining the green cover. Odisha along with some other less-developed States is maintaining the forest cover higher than the all-India average of 21 per cent. As these States are …
Based on data gathered by CDP from corporations in response to its annual request for information on the business implications of climate change, the report finds that large public companies are already advanced in their use of carbon pricing and are ahead of their governments in planning for climate change …
Carbon emissions and electricity demand in Australia have risen in the two months since the government repealed a tax on emissions, bucking a nearly six-year long trend of decline, an energy consultancy said on Thursday. Consultancy Pitt & Sherry, which tracks electricity use and emissions in Australia's National Electricity Market …
This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily …
Clive Palmer has softened the conditions under which his proposed emissions trading scheme would be launched, in an attempt to attract more political support for a new price on carbon. The details of Mr Palmer's proposed trading scheme, which he first floated in an unlikely joint news conference with former …
Major polluting companies believe a carbon price will be reintroduced in Australia some time in the future, according to the first business survey released after its repeal. The survey of major Australian energy, mining, construction and manufacturing firms also found that 77 per cent of those who responded did not …
The Chinese government has responded to the challenge of increasing energy consumption and environmental pollution with ambitious targets for renewable energy generation. In the 12th Five-Year Plan, running from 2011 to 2015, a target was introduced to generate 15 per cent of primary energy from renewable sources by 2015. To …
Australia’s consumer watchdog will continue to monitor and investigate power suppliers and other entities to ensure savings from the repeal of the carbon tax are passed on to consumers. On Tuesday the Australian Competition and Consumer Commission released its second monitoring report on the effects of the carbon tax repeal …
Labor’s state conferences in NSW and Tasmania have backed more ambitious climate change action, maintaining pressure on their federal counterparts to stick with a carbon price policy. Delegates at weekend conferences in both states backed a motion calling on the party’s leadership and organisation to take immediate steps to achieve …
Australia's repeal of a pioneering tax on carbon emissions has dealt a sharp blow to struggling international efforts to coordinate on global warming and comes ahead of key climate-change talks next year. On July 17, Australia's parliament pulled the plug on the 2012 tax, which charged 348 businesses such as …
Most Americans oppose a carbon tax, considered by many economists a cost-effective way to fight climate change, but they are willing to support it if the money is returned to them or used to fund renewable energy, a poll Monday finds. Only a third, or 34%, say they support taxing …
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, according to an Australian National University study. The report, due to be submitted for peer-reviewed publication, …
