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 EU is ready to compromise over its tax on airline carbon emissions if opponents, led by the United States and China, apply a similar levy by 2016, a European source said Wednesday. The source said Brussels will put the plan to the International Civil Aviation Organisation (ICAO) later this …
Climate change increasingly threatens the health of our planet and the stability of our economies at the local, regional and global levels. Many countries are already suffering from climate impacts—severe water shortages, intense droughts and wildfires, and record-breaking floods, along with disappearances of indigenous species and outbreaks of invasive ones. …
Diplomatic talks on a deal to curb greenhouse gas emissions from the global aviation industry have intensified recently as EU and U.S. officials try to stave off the threat of a trade war, lawmakers and observers said. Peter Liese, a member of the European Parliament from the conservative German Christian-Democratic …
Australia's government moved on Tuesday to scrap its carbon tax and bring forward an emissions trading scheme a year earlier than planned, a policy shift certain to be a focal point in an election likely to be held within weeks. Prime Minister Kevin Rudd said he wants the fixed price …
This is an unusually busy moment in the unhappy history of efforts to curb climate change. In two weeks at the end of June the world’s three biggest polluters unveiled carbon-reducing measures. In China and America these are more ambitious than previous policies. But they fall far short of what …
Cutting power plant emissions and protecting coastlines on the agenda in landmark speech by president Barack Obama is due to map out America's first climate change strategy on Tuesday, cutting greenhouse gas emissions from power plants, shoring up coastlines against flooding and sea level rise, and helping advance an international …
EU has threatened to fine Air India and Jet Airways (India) for not sharing their emission data Taking a tough stance against the European Union (EU)'s emission norms for airlines, the environment ministry has indicated that it would approach the UN Framework Convention on Climate Change (UNFCC) and the International …
The Mapping Carbon Pricing Initiatives report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis. The development of national and subnational carbon pricing initiatives …
This publication ranks 40 countries on the attractiveness of their renewable energy investment and deployment opportunities, based on a number of macro, energy market and technology-specific indicators. The global renewable energy sector today is much more aligned to energy market and general economic fundamentals, rather than being wholly reliant on …
Sri Lanka could slash its greenhouse gas (GHG) emissions by 19 percent of projected levels in 2020 at little or no long-term cost using an array of green power options, a new study from the Asian Development Bank (ADB) showed. “Sri Lanka has the potential to avoid emissions of over …
Sri Lanka could slash its greenhouse gas (GHG) emissions by 19% of projected levels in 2020 at little or no long-term cost using an array of green power options, says a new study from the Asian Development Bank (ADB). "Sri Lanka has the potential to avoid emissions of over 5.6 …
Australia should end its bickering over a carbon price and move to an emissions trading scheme (ETS), the head of a manufacturing lobby group says. Australian Industry (Ai) Group chief executive Innes Willox says the fixed carbon tax should be scrapped, with the policy changed to an internationally linked ETS …
China's potential carbon tax may spur US lawmakers to consider climate protection more seriously, according to a trader representative. “China's announcement that it's considering a carbon tax may, over time, chill superficial resistance by some to the issue and spur US lawmakers to more seriously consider what the appropriate US …
This working paper explores the potential new trade opportunities and challenges that climate change mitigation policies adopted primarily in developed countries may create for exporters in Low Income Countries (LICs). It forms part of a larger program of work being undertaken at ODI to assess the effect of climate change …
Market mechanisms, international funding needed Warning that a carbon tax of $10 per tonne of greenhouse gas emissions could cause a GDP loss of more than $600 billion, the Economic Survey says the way forward for domestic environment financing must come from a mix of market mechanisms, fiscal instruments and …
South Africa delayed introducing a carbon tax until 2015 after objections from metals companies such as ArcelorMittal South Africa and Gold Fields. The tax of 120 rand ($14) a metric ton of carbon on 40 per cent of a company's emissions will rise 10 per cent a year until 2020, …
China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance. The government will collect the environmental protection tax instead of pollutant discharge fees, as well as levy a …
THE state government has narrowly avoided a carbon price bill of about $400 million under a secret deal struck with Alcoa whereby the Gillard government will cover much of the costs. The State Electricity Commission of Victoria's annual report reveals the state budget was facing a $396 million carbon price …
EU carbon prices briefly slid 40 percent to a record low after politicians opposed plans to support the market, raising concerns prices could hit zero and sending a warning to European governments to pull together in lowering carbon emissions. Prices in the EU's Emissions Trading Scheme (ETS) on Thursday dropped …
Report states carriers earned up to €1.36bn last year, despite claims that charge would impose crippling costs on industry Airlines made windfall profits of up to €1.36bn (£1.2bn) last year from a EU carbon tax they claimed would impose crippling costs on industry, according to a report into the measure's …
