Macquarie Group and the International Finance Corporation (IFC), the private lending arm of the World Bank Group, have announced a US$25 million forest management firm for forest carbon projects in developing countries.
 
Funded between various World Bank schemes, …

Australia and New Zealand will work to form a linked emissions trading scheme, the prime ministers of both countries said, according to various media reports.
The news comes after New Zealand Prime Minister John Key, who introduced emissions trading in …

An Australian carbon price scheme putting a tax on emissions and outlining a transition to emissions trading around 2015 will be unveiled later this week, the deputy leader of the  Greens Party said today. 

Christine Milne …

The European Parliament this week will be asked to endorse an increase in the European Union’s target for greenhouse gas reductions, from 20 to 30 percent by 2020, compared to 1990.
Writing in an editorial piece at …

British Columbia and Quebec are now likely to delay industry compliance with carbon targets until 2013 in light of California’s announcement last week that it will delay enforcement of its carbon trading scheme by one year, news reports say.
The …

California is delaying the start of its market for greenhouse gases by one year until 2013, the state’s climate change regulator has announced.

“In light of the importance of this regulation to the success … of our …

In a near unanimous ruling, the U.S. Supreme Court found that the power to regulate greenhouse gas emissions rests solely with the U.S. Environmental Protection Agency.
The court ruled 8-0 in American Electric Power Co. v. Connecticut that …

The U.S. Department of Agriculture is investing $7.4 million in nine greenhouse gas emission reducing projects throughout 24 states, an investment the government hopes will help farmers profit from burgeoning North American carbon markets.
Agriculture Secretary Tom Vilsack …

The Nature Conservancy of Canada is receiving more than $4-million in what it says is the largest forest carbon project to date in North America and the first deal of its kind in Canada, the …

Australian government plans for a carbon tax and emissions trade scheme won’t hurt the country’s strong jobs growth, Treasurer Wayne Swan said today, speaking at the National Press Club  Tuesda.
His comment comes following warnings by the …