An Agreement of Collaboration has been signed between the UNEP Risoe Centre in Denmark and Ministry of Housing and Environment on capacity building for Clean Development Mechanism (CDM).
The EU could yet table a proposal that would throw the beleaguered Kyoto Protocol a lifeline and secure the future of the Clean Development Mechanism (CDM) beyond 2012, government negotiators and o
Carbon market participants on Tuesday said revisions to key rules may not be enough to ensure that trading in secondary offset markets in California is liquid and stable.
European steelmakers said they started legal action on Thursday to overturn the way the sector has been included in the European Union's carbon market.
Industry body Eurofer says the rules for the Emissions Trading Scheme (ETS) do not set a fair benchmark for allowing the industry's most efficient 10 percent of factories to get all their pollution permits for free after 2013.
Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe.
Prime Minister Julia Gillard said 500 companies including steel and aluminum manufacturers would pay a A$23 (US$24.70) per tonne carbon tax from ne
Australia is set to impose at the weekend a carbon tax of A$23 a tonne ($24.60) on its 500 top polluting companies, newspaper reports said, in a move aimed at soothing wary voters and which analysts said should not roil financial markets.
An Australian carbon price scheme putting a tax on emissions and outlining a transition to emissions trading around 2015 will be unveiled later this week, the deputy leader of the influential Greens Party said on Monday.
Christine Milne also backed reports that the minority Labor government had agreed to set-up a multi-billion dollar fund to aid renewable energy investment under the scheme, hel
This research provides the evidence base which confirms what we have long suspected – that there are more fossil fuels listed on the world’s capital markets than we can afford to burn if we are to prevent dangerous climate change.
Transparency Maldives Sunday launched the Global Corruption Report: Climate Change compiled by Transparency International.
Transparency International officially inaugurated the report, first of its kind to comprehensively explore major climate-related corruption risks, in April of this year at Dhaka, Bangladesh.
International watchdogs identify that improper or poor governance paves the way
International carbon offsets fell below 10 euros per metric ton for the first time since March 2009 early on Monday morning, but traders were unsure whether carbon prices were poised to drift lower or stage a rally.
A combination of slim buying and continued jitters over the economic outlook have seen carbon prices lose a third of their value in the past four weeks.
