Australia's controversial plan to introduce a tax on carbon emissions cleared a major political hurdle Wednesday, securing the expected approval of the country's lower legislative house.
The Australian government scored a victory in its lengthy battle to introduce a carbon tax on Wednesday when its measures to combat climate change cleared the lower house parliament by a tiny margi
WASHINGTON: The World Bank and IMF are proposing global carbon taxes on aviation and ship fuels in developed economies to help reduce carbon dioxide emissions, according to a draft proposal seen by
Australia's government released new figures on Wednesday on the predicted impact of a planned carbon tax, showing personal incomes would be cut by just 0.1 percentage points each year to 2050 under
Australian Prime Minister Julia Gillard introduced her government's controversial carbon tax plans into parliament on Tuesday, a third attempt to legislate a price on pollution.
Australia and the European Union have agreed to start talks to link carbon-emissions trading schemes, as global efforts to combat climate change struggle to make headway.
Developments over the past few years have shown that reforms to address climate change are no less difficult to implement than reforms in other areas, even if the objective of limiting global warming is broadly accepted.
Meeting the enormous challenge of decarbonising world energy systems will require a rapid expansion of investment in clean technologies on a global scale. Mobilising these resources will be a daunting task, and it is important to undertake the transition at the lowest cost possible.
Australia's parliament endorsed the world's first national scheme that regulates the creation and trade of carbon credits from farming and forestry on Monday, to complement government plans to put
Hundreds of trucks circled Australian parliament on Monday in a protest against government plans for a carbon tax, but the truckers fell far short of their ambition to gridlock the capital in suppo
