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Another report on shortage of CFI credits
Friday, 17 Feb, 2012 – 9:57 | Posted by GreenCollar

Claire Stewart writes in the Australian Financial Review today that the largest Australian carbon emitters could face bigger pollution bills than first thought, because a shortage of cheaper carbon farming credits is expected to push the …

Energy grants widened for smaller manufacturers
Friday, 17 Feb, 2012 – 9:54 | Posted by GreenCollar

Marcus Priest writes in the Australian Financial Review today that the Gillard government “has made it cheaper for struggling manufacturers to access $1 billion in energy-efficiency handouts under its emissions trading scheme as Treasury examines how a low …

South Korea delays vote on ETS
Thursday, 16 Feb, 2012 – 17:26 | Posted by GreenCollar

South Korea’s parliament today delayed a vote on an emissions trading scheme (ETS) because of political wrangling between the government and opposition ahead of parliamentary polls in April, various media reported.
 
If approved, the scheme to cap South …

New multilateral program to reduce emissions from short-lived pollutants
Thursday, 16 Feb, 2012 – 16:59 | Posted by GreenCollar

A few countries, including the United States, are starting a program to reduce emissions of common pollutants that contribute to rapid climate change and widespread health problems.
According to a New York Times article, the program will …

Australian offsets scheme to be under-supplied next year
Wednesday, 15 Feb, 2012 – 17:09 | Posted by GreenCollar

PointCarbon news reported yesterday that “demand for carbon credits from Australia’s Carbon Farming Initiative (CFI) will vastly exceed supply in this decade, analysts say, forcing emitters to look abroad for millions of lower-cost emission reductions.”
The …

New US budget – implications for climate and clean energy spending
Tuesday, 14 Feb, 2012 – 16:57 | Posted by GreenCollar

Yesterday US President Barack Obama unveiled his budget proposal for FY 2013.  
* The US Department of Defense, which is the world’s largest energy consumer, will receive some $1 billion for energy conservation efforts.
* Support …

US State of the Union address points to action on climate
Wednesday, 25 Jan, 2012 – 16:56 | Posted by GreenCollar

In his State of the Union Address yesterday, US President Barack Obama made energy issues a focal point. He said that it was time to “end the taxpayer giveaways to an industry that’s rarely been …

Australian CO2 from electricity fell slightly in 2011
Friday, 20 Jan, 2012 – 17:32 | Posted by GreenCollar

Carbon emissions from Australia’s National Electricity Market (NEM) fell 1.7 percent in 2011 as the financial crisis continued to have an impact on overall demand, according to a January 12 report by consultancy Reputex.
The sector’s …

China undecided on carbon tax
Wednesday, 11 Jan, 2012 – 17:37 | Posted by GreenCollar

China remains undecided whether to tax carbon emissions, as the government weighs how it could impact plans to launch an emissions trading scheme and whether it is feasible given current high domestic tax levels, a …

North American CO2 market value set to double to $782 million
Wednesday, 11 Jan, 2012 – 11:46 | Posted by GreenCollar

The volume of carbon permits and credits traded in North America is set to double in 2012, with as many as 179 million tonnes expected to change hands as California and Quebec’s carbon markets come …