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Big investors in Australia back carbon tax
Fri, 8/04/11 – 14:45 | Posted by GreenCollar

Australian super funds dismiss the idea that putting a price on carbon will hit profits and in fact worry that inaction on climate will send capital offshore, the Financial Review reported today.
In a roundtable held by …

US House and Senate vote on emission curbing rules
Thu, 7/04/11 – 14:46 | Posted by GreenCollar

The US House of Representatives on Thursday approved a bill to permanently eliminate the authority of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions. But it is unlikely any legislation to this effect …

2009 saw large drop in U.S. emissions: energy department
Fri, 1/04/11 – 14:40 | Posted by GreenCollar

Greenhouse gas emissions in the United States during 2009 saw their largest annual decline, dropping 5.8 percent to 6.58 billion tonnes of CO2 equivalent, according to the Energy Information Administration (EIA), the statistics unit of the national …

US Senate set to vote down rules on greenhouse gas regulation
Wed, 30/03/11 – 12:42 | Posted by GreenCollar

The U.S. Senate is expected to vote on Wednesday on amendments to block the ability of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions, a key energy initiative of the Obama administration.
The spokesman for Senate Majority Leader …

New renewable energy fund for Africa set up
Tue, 29/03/11 – 12:43 | Posted by GreenCollar

The African Development Bank (AfDB) has set up a US$57 million fund for renewable energy projects across the continent, the bank announced on Tuesday.
The Denmark-backed Sustainable Energy Fund for Africa joins two other similar green …

Africa launches climate exchange platform
Fri, 25/03/11 – 12:49 | Posted by GreenCollar

Kenya opened yesterday Africa’s first climate exchange platform, which is expected to unlock continental trade in carbon credits. 
The Africa Carbon Exchange will provide holders of carbon credits with easier access to global markets and information, which in turn …

Australian Carbon Farming Initiative formally introduced
Thu, 24/03/11 – 16:29 | Posted by GreenCollar

Australian Climate Minister Greg Combet today introduced a bill to establish a ’carbon farming’ offsets regime; he also introduced a bill formalising the registry that will track carbon trades.
The Carbon Credits (Carbon Farming Initiative) Bill provides rules …

Macquarie tips A$15 Australian carbon price
Thu, 24/03/11 – 13:39 | Posted by GreenCollar

Macquerie analysis said Wednesday that Australia is likely to set its carbon price at about A$15 to ease the transition for business and households. 
In a research note the bank said expectations that the price will be set …

UK imposes price floor on carbon
Thu, 24/03/11 – 13:28 | Posted by GreenCollar

The United Kingdom will become the first country in the world to install a carbon price floor in a move designed to increase spending in low-carbon electricity by providing certainty for the companies investing the billions …

Australia should invest $2.5 billion a year on low-emissions technologies, Garnaut says
Wed, 23/03/11 – 16:31 | Posted by GreenCollar

Australia should doubel its expenditure on low carbon technologies, spending about $2.5 billion a year,  climate change adviser Ross Garnaut says.
In his seventh update of his landmark 2008 review, Professor Garnaut argues there’s a case for …