Carbon Tax

Access and Benefit Sharing: New rules for use of biodiversity

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 …

U.N. Aviation Body Says Emissions Proposal By Year-End

The head of the United Nations body that oversees civil aviation said on Friday that his agency still plans to have a proposal on measures to address emissions from aviation by the end of 2012, even as critics push for faster change. "I read the press like anyone. I listen …

IMO Set To Collide With EU Over Vessel CO2 Emissions

The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide emissions from international shipping, putting it on a policy collision course with the European Union, observers said. A committee of the 170-member United Nations shipping body was unable to make "tangible progress" after a …

Governments Embrace Carbon Voluntary Market: Report

A growing number of national and regional governments are likely to use voluntary carbon credits to meet mandatory climate targets, a report by U.S. research company Ecosystem Marketplace said on Thursday. The report said about 20 government programs had engaged with the voluntary carbon market, despite doubts by some companies, …

Coal Port Growth Threatens Barrier Reef: Greenpeace

Australia's rapid expansion of coal ports in the next decade will threaten the Great Barrier Reef as increased ship traffic, port infrastructure and dredging put pressure on the world's largest coral reef, Greenpeace said on Thursday. Coal is one of Australia's top export earners, and the Great Barrier Reef sits …

Tax ‘societal ills’ to save the planet

Funding is a major stumbling block for environmental initiatives, says Edward Barbier. Taxing financial transactions or trade in arms, tobacco and fuel might help.

China asks EU to withdraw carbon tax plan

China today asked the European Union to take into considerations the serious concerns of the international community over its carbon emissions tax plan for air and shipping services, warning the 27-nation bloc not to complicate the matter. “China, like many other countries, is firmly opposed to the EU’s unilateral legislation …

Royal Jordanian Breaks Ranks to Levy Carbon Tax

The decision by cargo airline comes as a surprise, as the proposed tax comes into existence only in 2013. Adecision by a little-known cargo airline to raise rates, normally a routine affair, could turn out to be one which has implications for the entire industry as well as weighty multilateral …

India, 22 nations to retaliate EU move on carbon tax

New Delhi Faced with European Union’s decision to impose a carbon tax on all flights operating in its skies, India and 22 other countries, including Russia, China and the US, have decided to retaliate with a series of measures which would impose heavy costs on European airlines and plane manufacturers. …

Nations agree on options to fight EU carbon tax rule

Countries opposed to an EU law forcing the world’s airlines to pay for carbon emissions have agreed on a basket of retaliatory measures but will leave it up to each country to choose among them, Russia’s deputy transport minister said on Wednesday. “Each country has the options of barring its …

India mulls law to fight EU carbon tax

NEW DELHI: The government is mulling a law to ban Indian airlines from participating in the European Union's stringent carbon tax scheme. India is considering its first retaliatory steps in the wake of 26 key nations' decision - including Russia and China -during a meeting in Moscow on Wednesday to …

India, 22 nations to hit EU back on carbon tax

Will launch series of measures that will cost European airlines and plane makers heavily Faced with the European Union's decision to impose a carbon tax on all flights operating on its skies, India and 22 other countries, including Russia, China and the US, have decided to retaliate with a series …

India, 22 nations to retaliate EU move on carbon tax

Faced with European Union’s decision to impose a carbon tax on all flights operating on its skies, India and 22 other countries, including Russia, China and the US, have decided to retaliate with a series of measures which would impose heavy costs on European airlines and plane manufacturers. A joint …

India threatens trade war over EU tax on airlines

New Delhi: India, China, the United States, Russia, Brazil and 21 other nations have decided to retaliate against the European Union’s decision to collect billions of dollars every year by unilaterally imposing a carbon tax on flights landing in the Eurozone. The retaliatory measures decided include reviewing or abrogating the …

Russia Could Block Airlines From Emission Trading

Russia may prohibit its airlines from carbon emission trading in protest against a European Union law it says is unfair, state carrier Aeroflot said on Monday. A group of nations will gather in Moscow this week to debate possible retaliation to the law, which raises the risk of a trade …

Countries Seek Retaliation to Europe’s Carbon Tax on Airlines

China, the United States and two dozen other countries are looking at coordinated retaliation — including putting pressure on European airlines and other industries — if Europe tries to enforce a law requiring airlines to pay for their greenhouse gas emissions. The system, the European Union’s boldest initiative on climate …

Moscow air talks to debate measures against EU: draft

Nations opposing a European Union law that forces all airlines to pay for their carbon emissions will next week debate an array of counter-measures, a draft agenda seen by Reuters on Friday showed, raising the risk of an aviation trade war. The agenda also refers to the formal dispute procedure …

EU Climate Chief: Would See Merit In Airline CO2

The European Union's climate chief said on Tuesday she hopes countries opposed to its rules that charge airlines for carbon emissions take their complaints to the U.N. aviation body, where talks could help to defuse tensions over the strict measures. A group of 26 countries, including the United States, China, …

EU carbon tax stand irks BASIC ministers

Basic ministers of environment from China, Brazil, South Africa and India have jointly condemned the unilateral decision of the European Union to impose a carbon tax on airlines in the guise of climate change. Talking tough on this issue of the EU’s emission trading scheme, environment minister Jayanthi Natarajan minced …

EU’s ‘airy’ carbon tax decision draws BASIC flak

The two-day 10th BASIC Ministerial Meeting of Brazil, South Africa, India and China on climate change, which concluded on Tuesday, expressed concern over the European Union’s decision to impose carbon tax on airlines flying in its airspace. They termed the inclusion of international aviation in the European Union Trading Scheme …

Tensions grow over EU aviation emissions

Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals and even Europe's crippling sovereign debt crisis. The EU's Emissions Trading Scheme (ETS), introduced on January 1, has drawn howls of …

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