Emissions Trading

Coalition faces carbon blowout over land clearing

Peter Hannam The Coalition's Direct Action plan to cut carbon emissions may have a hole blown in its $3.2 billion budget by the actions of conservative colleagues in Queensland, the federal government and green...

Carbon price could fall after European vote

Steam billows from the cooling towers of Great Energy Alliance Corp.'s Loy Yang coal-fired power station in the Latrobe Valley, Australia, on Wednesday, Sept. 7, 2011. Australian prime minister Julia Gillard's plan to make factories and utilities either cut the nation's greenhouse gases or pay for pollution-curbing programs abroad may force companies to buy an average 66 million metric tons of credits a year starting in 2015, sending prices up 28 percent. Photographer: Carla Gottgens/Bloomberg

Tom Arup Labor has conceded it will revise revenue projections from its carbon scheme after a key vote to shore up the struggling European carbon market failed, triggering a price crash that will affect...

Price crash could tear a hole in future budgets

Power plants

Tom Arup The government has conceded it will revise revenue projections from its carbon scheme.

Markets

EU efforts mount to save carbon market

Six environment and climate chiefs, including German Environment Minister Peter Altmaier and U.K. Energy and Climate Secretary Ed Davey, pressed European Union lawmakers to back a rescue plan for the...

Kyoto extension to limit carbon market access to some nations

The deal to extend pollution limits under the Kyoto Protocol restricts the ability of Japan, Russia, Canada and New Zealand to take advantage of carbon market mechanisms under the United Nations...

Obama officials join talks to curb airline emissions

Plane generic.

A more than decade-long quest for a global plan to curb airline emissions is likely to pick up speed this week, with a meeting set for a new high-level team of officials, including two US government...

Climate talks factbox: major nations' positions

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More than 190 countries are meeting in Doha, Qatar, from November 26 to December 7 to make progress on a new deal to fight climate change, due to be agreed by 2015 and come into force in 2020.

MPs skip climate meetings in Doha

greg combet

Tom Arup For the first time in several years Australia will not be represented by a minister at a major round of international climate change negotiations, with Greg Combet set to miss talks in Doha starting...

EU fails to deliver on climate aid pledges

Greek and others European national flags flutter near an euro symbol outside the EU Parliament in Brussels.

EU finance ministers fail to deliver firm promises of cash to help poor nations deal with climate change, threatening progress at international talks to tackle global warming later this month.

Methane leaking from coal seam gas field, testing shows

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Ben Cubby Vast amounts of methane appear to be leaking undetected from Australia's biggest coal seam gas field, according to world-first research that undercuts claims by the gas industry.

Climate change on Obama' agenda: Combet

Barack Obama has signalled his intention to tackle climate change.

Peter Hannam The Australian government wasted little time sounding out Barack Obama's climate change policies.

Europe halts airline carbon curbs pending global talks

Qantas British Airways One World

The European Union plans to freeze implementation of greenhouse gas curbs on flights into and out of the EU until September next year, while countries worldwide negotiate a global pact to cut...

Government may ease curbs on cheap Kyoto emission credits

The federal government appears open to the possibility of relaxing restrictions on the number of cheap Kyoto pollution permits Australian businesses can purchase to offset their carbon emissions.

Australia's carbon abatement imports target revealed

Beat the carbon tax.

Australia will need to import about 100m tonnes of carbon abatement in 2020 to meet its greenhouse gas reduction targets, according to the first official emissions projections since the carbon tax...

Shunned US coal sends Europe's emissions higher

Coal comfort.

Shale gas has jolted traditional roles in the planet's climate drama, giving cleaner fuel to the United States, whose displaced coal has headed to Europe to pollute the old continent.

Britain turns back the clock as wood displaces coal

More than two centuries after coal power helped forge the world’s first industrial economy, Britain is going back to burning wood.

U-turn on $1b methanol expansion plan

Power plants

David Wroe A CHEMICALS firm which announced last year it was shelving a $1 billion expansion because of the carbon price, bolstering Coalition claims the scheme would kill investment, now says it is pushing...

Firm revives chemical project

100 days of carbon tax dink thumb

David Wroe Company pushes ahead with shelved $1 billion expansion after changes to the carbon scheme.

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House to vote on ditching carbon tax floor price

NCH NEWSFederal Minister Greg Combet

The lower house will vote this morning on legislation that ditches the carbon floor price and links Australia’s emissions trading scheme to Europe.

RET reviewer models removal of target, carbon price

The authority reviewing the renewable energy target (RET) is looking at what would happen to electricity generators’ emissions if the target was scrapped and the carbon tax alone was left to drive...