Australia and New Zealand have missed a deadline to set post-2012 emission reduction targets under the Kyoto Protocol, with both governments saying they will decide whether to continue to be legall

Some of the main proposals in a draft text for negotiation at a U.N.

Pakistan has been ranked among the top 20 highly vulnerable countries impacted by climate change, sources told Daily Times on Tuesday.

Global demand for carbon credits, especially in Europe for economic reasons, has been declining since 2010

With the prices sliding of Certified Emission Reduction (CER) certificates traded on the international exchange, Indian companies holding the credits are bracing for tough times. Brokers trading in CERs have started to downsize their carbon desk and the ones holding these are looking for buyers. “The demand for CERs is low, which saw the prices slide. Aggregators of credits and the intermediaries, have started feeling the heat.

Other countries are not doing enough to tackle this source of greenhouse gases

The government will urge its airlines to boycott the European Union's carbon charge scheme, raising the prospect of a global trade war over a law requiring flights in and out of Europe to pay for their greenhouse gas emissions. A senior government official told Reuters that India would soon ask local airlines not to buy carbon credits from or share emissions data with the bloc, which says other countries are not doing enough to tackle this source of greenhouse gases.

Canada, heavily criticized for its environmental record, unveiled long-delayed regulations on Friday that aim to make big trucks and buses up to 23 percent less polluting by 2018.

Mumbai: The crash in carbon credit prices globally has served a crushing blow to companies operating in this space in India.

Although Canada's output of greenhouse gases was almost unchanged in 2010 from 2009, the major oil producer will find it tough to meet its 2020 emissions-cut target, government figures signaled on