Transport ministers from 21 countries committed to promoting the reduction of carbon dioxide emissions in the sector to combat climate change, aiming to drive talks under a broader U.N. framework that is to agreed upon in December.
 
The …

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 …

Transport ministers from 22 nations will gather in Tokyo on January 14 to discuss ways to reduce carbon dioxide emissions from the transport sector, including aviation and shipping, the Japanese government announced.
The participating countries are …

New Zealand announced in mid-January more than $10 million for new research to help the agriculture and forestry sectors adapt and respond to climate change. 
Funded by the Ministry of Agriculture and Forestry’s existing Sustainable Land Management and Climate …

Ottawa will be taking a close look at the economic impacts of a changing climate in Canada, making it the third country – after the UK and Australia – to fund such research.
“While such studies …

More than 500 businesses joined Japan’s voluntary emissions trading scheme within two months of its launch, the Japanese government said before the Christmas holidays.
Tokyo pointed to power utilities’ voluntary pledge to cut their carbon by …

The U.S. Congress is unlikely to tackle climate change this year, despite repeatedly including climate change among the challenges that require urgent attention, the Wall Street Journal reported on one of its blogs.
House speaker Nanci …

A professional association of senior executives responsible for climate change and energy is to launch in the U.S. within the next year, Carbon Finance reported on January 7.
Provisionally called the Association of Corporate Climate Change …

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 …