Australasia

| Sourced From Theautochannel.com |

CANBERRA, AUSTRALIA – July 2, 2009: The peak body representing the Australian automotive industry, the Federal Chamber of Automotive Industries (FCAI), supports the COAG decision to conduct an evaluation of options to lower carbon emissions from vehicles.

[click to continue...]

| Sourced From Theaustralian.news.com.au |

COALITION MPs have urged the Rudd government to amend its emissions trading scheme further to ensure proposed US emissions laws do not disadvantage Australian farmers.

[click to continue...]

| Sourced From Theage.com.au |

The Australian Government insists that it is not changing its plan to launch an emissions trading scheme in just over a year’s time, but the pressure to do so is rising as bad economic numbers roll in, and the advice it is getting from the business community has split in a very interesting way.

[click to continue...]

| Sourced From Ft.com |

The Australian government failed to get its carbon trading scheme through the Senate on Thursday after the opposition Coalition and crossbench senators criticised the scheme’s economic and environmental analysis as being inadequate.

[click to continue...]

| Sourced From Businessday.com.au |

Big business is unprepared for the national carbon emissions trading scheme set to begin within two years, a survey has found.

Only 36% of the senior executives surveyed were aware the federal government’s carbon trading scheme will kick into action in 2010, the Australian Institute of Management, Victoria and Tasmania, (AIM) survey found.

Eighty per cent of respondents said they knew very little or were only somewhat aware of the scheme.

As well, 76% of respondents said their organisations had not commenced planning for the scheme’s introduction.

[click to continue...]

CANBERRA, June 22 (Reuters) - The Australian government’s plan to set up a carbon emissions trading scheme (ETS) in July 2011 hangs on a package of 11 bills, which face defeat or delay in parliament’s upper house Senate over the coming days.

Contine Reading on Reuters

| Sourced From Theepochtimes.com |

CANBERRA—Labor’s plans to have its carbon pollution reduction scheme (CPRS) approved by parliament are certain to be dashed in the final sitting week before the winter break.

Debate on the 11 bills introducing an emissions trading scheme in mid-2011, due to begin on Monday, was to have been the main focus before the six-week break.

[click to continue...]

| Sourced From Business.smh.com.au |

Professor Ross Garnaut has called on Australia’s competition watchdog to thoroughly investigate claims that some Australian businesses have been exaggerating the impact of emissions trading on their operations.

The Australian Conservation Foundation and the Australian Climate Justice Program have submitted a 200-page brief for the Australian Competition and Consumer Commission comparing what they say are inconsistencies between claims made by some Australian companies to political leaders and those made to investors.

[click to continue...]

CANBERRA (Reuters) - Australia’s government, facing Senate defeat of key emission trading laws, vowed on Friday to bring its climate-fighting regime to the upper house a second time, opening the door for a possible snap election.

Continue Reading on Reuters

WINONA, Australia, June 17 (Reuters) - On the rolling hills of Winona, a fine merino sheep stud, a quiet revolution is taking place which Australian farmers hope will eventually see them selling soil carbon credits in the fight against climate change.

Continue Reading on Reuters

CANBERRA, June 15 (Reuters) - Some of Australia’s biggest corporate names, including resource giants Rio Tinto <RIO.AX> and Woodside <WPL.AX>, may be investigated by consumer regulators over complaints they have been deceptive on climate change.

Contnue Reading on ThomsonReuters

| Sourced From Blogs.crikey.com.au |

This comment by Climate Change Minister Penny Wong is a clear and simple example of why the views of the major parties and most environment groups are so far apart on how best to respond to the threat of climate change.

Commenting on the National Climate Emergency Rallies held around Australia over the weekend, Senator Wong said

“What many of these people are calling for simply can’t be done. It can’t be done while supporting jobs.”

[click to continue...]

| Sourced From Abc.net.au |

Farmers in the New South Wales south-east are being told to seek legal advice before they sell “carbon credits” for forestry projects on their land.

Australian Property Institute spokesman John Sheehan, who visited Narooma, says under the Federal Government’s Carbon Pollution Reduction Scheme ownership of those credits is being taken away from the landholder.

[click to continue...]

| Sourced From Bloomberg.com |

June 11 (Bloomberg) — Australian companies have done little to preempt any negative impact emissions trading could have on future earnings, risking downgrades from credit rating agencies, according to PricewaterhouseCoopers LLP.

PwC found that more than a third, or 35 percent, of the businesses it surveyed haven’t factored in a proposed emissions trading system. Almost a quarter of companies have done nothing at all to prepare for the carbon plan, PwC said.

[click to continue...]