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 Australian government scored a victory in its battle to introduce a carbon tax after measures to combat climate change cleared the lower house of parliament by a tiny margin. Carbon traders and climate activists around the world breathed a sigh of relief that the bitterly contested measures were passed …
The Australian government scored a victory in its lengthy battle to introduce a carbon tax on Wednesday when its measures to combat climate change cleared the lower house parliament by a tiny margin. Under the plan, more than 400 of the nation’s biggest polluters will pay A$23 (US$23.8) a tonne …
WASHINGTON: The World Bank and IMF are proposing global carbon taxes on aviation and ship fuels in developed economies to help reduce carbon dioxide emissions, according to a draft proposal seen by AFP on Friday. The proposal suggests an international charge on aviation and maritime bunker fuels of $25 per …
Australia's government released new figures on Wednesday on the predicted impact of a planned carbon tax, showing personal incomes would be cut by just 0.1 percentage points each year to 2050 under the scheme. The Treasury department modeling, based on the minority government's proposed A$23-a-tonne ($23.44) carbon price, showed almost …
Australian Prime Minister Julia Gillard introduced her government's controversial carbon tax plans into parliament on Tuesday, a third attempt to legislate a price on pollution. Gillard has staked her minority government's future on passing the laws, which would force around 500 big polluting companies to pay for carbon emissions through …
Australia and the European Union have agreed to start talks to link carbon-emissions trading schemes, as global efforts to combat climate change struggle to make headway. The Australian government unveiled plans two months ago to impose a tax on carbon emissions from July 2012, before moving to a carbon trading …
Developments over the past few years have shown that reforms to address climate change are no less difficult to implement than reforms in other areas, even if the objective of limiting global warming is broadly accepted. In the case of global public goods such as the climate, the political challenge …
Meeting the enormous challenge of decarbonising world energy systems will require a rapid expansion of investment in clean technologies on a global scale. Mobilising these resources will be a daunting task, and it is important to undertake the transition at the lowest cost possible. This paper seeks to provide some …
Australia's parliament endorsed the world's first national scheme that regulates the creation and trade of carbon credits from farming and forestry on Monday, to complement government plans to put a price on carbon emissions from mid-2012. The laws, the first major bills passed by the government with Greens support in …
Hundreds of trucks circled Australian parliament on Monday in a protest against government plans for a carbon tax, but the truckers fell far short of their ambition to gridlock the capital in support of their call for fresh elections. The truckers, the second anti-government protest in Canberra in a week, …
Britain has been urged by a major business organisation to exempt high energy users such as Tata Steel from a carbon levy, which, it is argued, could cripple many industries and lead to carbon leakage. “The carbon floor tax is making it increasingly uncompetitive for the most energy-intensive users to …
Julia Gillard, prime minister of Australia, with machine operators at a steel mill in Melbourne. She is on an election-style drive to win popular support for her carbon tax plans Julia Gillard swept into the heartland of Australia
A major new Australian opinion poll has given another emphatic thumbs-down to Prime Minister Julia Gillard and her recently unveiled carbon-reduction plan, stoking media speculation about her grip on power and the fate of the policy. The Nielsen poll, published Monday in Fairfax newspapers, is the largest such survey since …
A RARE moment of triumph settled on Julia Gillard, Australia’s prime minister, on July 10th when she unveiled a plan for a carbon tax to fight climate change. Few issues have divided Australians more bitterly. Earlier plans to curb carbon emissions had toppled at least two political leaders, including Kevin …
Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe. Prime Minister Julia Gillard said 500 companies including steel and aluminum manufacturers …
Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters. Prime Minister Julia Gillard said 500 companies including steel and aluminum manufacturers would pay a A$23 ($24.70) per tonne carbon tax from next year, rising by 2.5 …
Australia's powerful coal mining industry on Sunday warned it was being unfairly singled out under the country's new carbon emissions trading scheme, predicting it will lead to job losses and fewer collieries at a time when buyers are paying top dollar for coal. Xstrata, one of the country's biggest coal …
Australia is set to impose at the weekend a carbon tax of A$23 a tonne ($24.60) on its 500 top polluting companies, newspaper reports said, in a move aimed at soothing wary voters and which analysts said should not roil financial markets. Prime Minister Julia Gillard's minority Labor government would …
