Australia has submitted a proposal to U.N. climate negotiators outlining a scheme to use carbon credits to protect rain forests.
The submission is being reviewed by negotiators meeting in Bonn, Germany, to discuss a new climate …

The Opposition Leader Malcolm Turnbull says he will advocate a tougher greenhouse gas reduction target than Labor, while bidding to launch a Senate enquiry into the upcoming Carbon Pollution Reduction Scheme.
Media reports say the Coalition …

The Government has committed to develop a national carbon offset standard to build confidence in the marking about the integrity of carbon offset products sold and purchased.  Click here for the paper discussing the proposed standard.
The standard …

The first trade in Australian Emissions Units (AEU) since the government released its blueprint for a carbon trading scheme was carried out on January 20, Reuters reported. The transaction, whose parties were not disclosed, provides …

 
Australia recently became the 34th country to link its carbon registry to the International Transaction Log (ITL), the UN software overseeing international transfer of Kyoto protocol carbon credits, the United Nations Framework Convention on Climate Change …

The value of the global carbon market soared 84 percent in 2008 to US $118 billion and could reach US $150 billion this year, according to New Carbon Finance, a division of New Energy Finance.
Some …

Australia pledged to cut greenhouse gas emissions by 5 to 15 percent by 2020 versus 2000 levels, with the higher target to be met only if other countries agree on tough new targets to fight climate change by …

Under Australia’s new carbon pollution reduction scheme, companies will be allowed to buy and import an unlimited number of Certified Emissions Reductions (CERs), credits approved and issued by the United Nations against investments in developing countries …

Trading in Australian emissions units (AEUs) hit record levels on November 11, 2008. The 2011/12 contract went through AUD $23.00 while the 2012/13 vintage contract traded at $24.75. Both deals involved 10,000 AEU’s trading hands.
As …