The goal of a global carbon market to tackle climate change, once touted to reach $2 trillion by 2020, received a major setback when Australia on Thursday scrapped its planned carbon trading scheme

The Australian Senate voted on Thursday to scrap the country's carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves uncertainty about

Britain wants deeper reforms to the EU Emissions Trading System (ETS) than those proposed by the European Commission and Germany, favoring cancelling hundreds of millions of carbon permits over lau

Australia cut carbon dioxide emissions from its electricity sector by as much as 17 million tonnes because of the carbon price and would have curbed more had industry expected the price to be perma

Switzerland threatened on Monday to raise its tax on greenhouse gas emissions from the energy sector by 40 per cent if companies regulated by the country's emissions trading system do not meet gove

Donations of U.N.-backed carbon credits to help reduce the carbon footprint of the World Cup in Brazil have surpassed the half million mark, the local government said on Thursday.

A move by the European Union to impose duties on carbon-intensive imports would scupper the chances of striking a global agreement to tackle climate change next year, the bloc's top climate officia

Cooling towers emit vapor into the night sky at a nuclear power plant in Grohnde, Germany.

China's Tianjin has extended the deadline for its biggest carbon producers to comply with the city's emissions trading scheme a second time, giving companies two more weeks to hand over permits to