Sri Lanka could slash its greenhouse gas (GHG) emissions by 19% of projected levels in 2020 at little or no long-term cost using an array of green power options, says a new study from the Asian Dev

Sri Lanka could slash its greenhouse gas (GHG) emissions by 19 percent of projected levels in 2020 at little or no long-term cost using an array of green power options, a new study from the Asian D

China's potential carbon tax may spur US lawmakers to consider climate protection more seriously, according to a trader representative.

South Africa delayed introducing a carbon tax until 2015 after objections from metals companies such as ArcelorMittal South Africa and Gold Fields.

Market mechanisms, international funding needed

Warning that a carbon tax of $10 per tonne of greenhouse gas emissions could cause a GDP loss of more than $600 billion, the Economic Survey says the way forward for domestic environment financing must come from a mix of market mechanisms, fiscal instruments and regulatory interventions.
Citing the results of preliminary modelling studies by the Ministry of Environment and Forests, the Survey argues that “relying solely on carbon taxes and subsidy may not be the most viable policy option.” It also discusses the establishment of a National Green Fund to finance environmental protection, but only mentions international sources to fill the coffers of the Fund.

China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry o

THE state government has narrowly avoided a carbon price bill of about $400 million under a secret deal struck with Alcoa whereby the Gillard government will cover much of the costs.

EU carbon prices briefly slid 40 percent to a record low after politicians opposed plans to support the market, raising concerns prices could hit zero and sending a warning to European governments

Report states carriers earned up to €1.36bn last year, despite claims that charge would impose crippling costs on industry