The world’s carbon credit market is maturing after being hit hard by the global financial crisis and will outlive the Kyoto Protocol that ends in 2012, according to World Bank and Inter-American Development Bank officials.
When the 2008 crisis …

Australia has called on China to do more to tackle climate change, despite not having much of a plan of its own.
Australia shelved its emissions trading scheme until 2013 and it is not clear if …

China attracted more investment for clean energy technology in the second quarter than Europe and the U.S. combined, according to Bloomberg New Energy Finance.
Financing of wind turbines, solar panels and low carbon technology in China …

Departing ACTU president Sharan Burrow has blamed the Greens for the failure of the emissions trading scheme.
The party showed a “disturbing” lack of willingness to compromise, said Burrow, who was elected secretary of the International …

Two-thirds of voters cannot say if they think Labor or the Coalition would be better at handling climate change, in the wake of the government shelving its emissions trading scheme.
Only 19 percent of Australians think …

A Senate sponsor of a climate and energy bill said during a televised interview last weekend that supporters are still short of the 60 votes they need to advance the legislation.
About 50 senators support the …

China is taking a sledgehammer approach to curb energy consumption and carbon emissions, by announcing that it will simply start closing companies that fall short of meeting their reduction targets.
“By the end of July, we …

U.S. President Barack Obama today urged Americans to get on board with his vision for a clean energy agenda, saying the U.S. has known for decades that the days of cheap and easily accessible oil …

The United States led the world in both purchases and sales of credits in the $387 million voluntary carbon market last year, as the market at once contracted and became more interconnected, …

Australia’s growing investment in renewable energy still leaves the country lagging behind the rest of the world, according to a new Climate Institute study. It also found that Australia will fail to achieve its emissions reduction commitments …