The European Union today reconfirmed its commitment to reduce overall greenhouse gas emissions by 20 percent of 1990 level, with a conditional offer to increase the cut to 30 percent if other major emitters sign up …

The Greens have called on the government to back a two-year $20 billion interim carbon tax proposal to start cutting greenhouse gas emissions before a decision on the emissions trading scheme or any global agreement …

Greenhouse gas emissions from energy production across eastern Australia fell last year, as less coal was burnt,  a new report found.
New South Wales led the way in the cuts, due mainly to the commissioning of three …

The European Union (EU) on Saturday stood by its offer to move to a 30 percent cut greenhouse gas emissions by 2020 despite the failure of last month’s climate summit to secure a legally-binding deal.
The …

Forest carbon markets have managed to garner $150 million so far and 21 million tonnes in trades, growing fivehold since 2006, according to the newly issued State of the Forest Carbon Markets 2009 report.
The market …

In spite of the global economic slowdown, the market for trading carbon dioxide grew by 68 percent last year compared with the previous year.
The value of the market remained roughly unchanged after carbon prices fell …