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 …
Jayanthi Natarajan's tough stand ensures recognition abroad, but red-tapism & bureaucracy continue to delay approvals in India Reticence can be a double-edged sword. For Jayanthi Natarajan, minister for environment and forests, her reserve has attracted much criticism from domestic detractors. Yet, on the high table of international climate diplomacy, it …
THE NSW government is demanding the Commonwealth redirect compensation from Victorian brown coal generators to its state-owned black coal power stations after new modelling showed the Victorian companies could be between $400 million and $1 billion better off under the carbon tax. "It was always perverse to be paying lump …
AUSTRALIA'S highest-emitting brown coal electricity generators are between $400 million and $1 billion better off than they would have been if there were no carbon tax, new modelling shows. The brown coal generators' stronger-than-expected financial position yesterday forced the Gillard government to abandon its attempts to pay some of them …
The Gillard government has abandoned plans to pay some of the dirtiest power stations in the country to close down. Labor on Wednesday performed its second backflip on carbon pricing in as many weeks, after recently axing the floor price for its emissions trading scheme which is due to start …
Australia plans to link its carbon trading scheme with the EU's, enabling firms to use European permits from mid-2015 to emit carbon dioxide (CO2). The EU's carbon market is the world's largest and the deal is being seen as a significant step towards cutting greenhouse gas emissions globally. The aim …
After weeks of secretive talks between the Gillard government and the Greens, Climate Change Minister Greg Combet has announced Labor will scrap the planned $15 floor price on carbon permits in a major overhaul of the carbon pricing scheme. Following intense lobbying from business and threats by the independent MP …
New Delhi American firms woo Indian buyers with long-term contracts, discounts The US is emerging as a new source of coal supply for India as traditional exporters like Indonesia and Australia jack up their coal prices. American firms are trying to woo Indian buyers with offers of long-term contracts and …
A TASKFORCE comprising trade unions and manufacturers has cited the carbon price as adding to the pressures on the struggling industry sector in a report to government containing more than 40 recommendations, sources say. The report by the manufacturing taskforce, a tripartite body established last year by the Prime Minister, …
Australia's opposition Liberal party climate spokesman Greg Hunt on Thursday gave his "in principle" backing to signing up for a second commitment period of the Kyoto Protocol, making it easier for the under-fire government to sign the U.N. climate treaty. Hunt told The Age newspaper that the opposition coalition's intention …
Almost 200 countries face the tough task of agreeing a new global climate deal by a deadline of 2015, forcing all nations to curb emissions of planet-warming greenhouse gases. Environment ministers will meet in Doha, Qatar, from November 26 for two weeks to start preparing the new accord. Countries agreed …
Sixteen environmental groups on Friday urged President Barack Obama not to give into pressure by the U.S. airline industry to file an action under the U.N.'s aviation body to block an EU law requiring all foreign airlines to participate in its carbon trading system. In their letter to the White …
India has joined the US and 15 other major countries in opposing European Union’s Emissions Trading Scheme (ETS) which requires carriers flying to or from Europe to offset their carbon emissions. The two-day meeting hosted by the United States to chalk out a common strategy against the EU’s emission trading …
US senators and about 20 countries met in Washington this week to oppose Europe's decision to charge airlines for their carbon emissions by including them in its emissions trading scheme (ETS). This "coalition of the unwilling" failed to agree on a joint declaration, but a US spokesman said: "The meeting …
A two-day meeting hosted the by US of 17 countries opposed to the EU's emissions trading system (ETS) has ended without a joint declaration. The countries, however, reaffirmed their ambition to keep working on an alternative framework to address greenhouse gas emissions under UN's International Civil Aviation Organisation (ICAO). They …
In 2010 and 2011, Republicans and Democrats in the United States proposed mandating clean electricity generation. Research has now analysed public support for a national clean energy standard (NCES) and found that the average US citizen is willing to bear an annual 13% increase in electricity bills in support of …
An international agreement on reducing greenhouse-gas emissions requires large financial flows from richer to poorer countries. However, the amount and justification for such transfers is still contested. Now research has developed an argument for transfer payments by estimating regional carbon prices versus a global price, and found that in the …
Bush-era tax cuts are scheduled to expire at the end of 2012, leading to interest in raising revenue through a carbon tax. This revenue could be used to either cut other taxes or to avoid cuts in Federal programs. There is a body of economic research suggesting that such an …
Beijing remains firm on its stance of settling the carbon tax dispute with the European Union through a multilateral approach, a Chinese official said. The official, who requested anonymity, said talks between China and the EU over the tax are making little progress. The EU sent a delegation to Beijing …
NEW DELHI: The meeting of BASIC countries - Brazil, South Africa, China and India — in Pretoria, South Africa, made a strong statement against EU's carbon tax on aviation at the end of two-day talks. A joint statement of the four countries stated, "Ministers were deeply concerned at the continued …
