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We launched the world’s first personal carbon trading scheme (called PACT) for our staff some 3 years ago. It’s proved a great success not only with our staff, but also with our clients – and the media too. And now we are delighted that PACT has won another award – the European Managing Partner Forum’s ‘Innovation in Practice’ award for 2010.
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THE Victorian government will present itself as the national leader in tackling climate change by pledging to cut the state’s greenhouse gas emissions by at least a fifth over the next decade.
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Australian Greens Leader Bob Brown says agriculture should not be hit with a carbon tax under the new climate change policy.
A CARBON-trading scheme is likely to push up the costs of fertiliser and farm chemicals but it may also force grain growers to adopt greater efficiencies, according to a Rabobank report.
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CANBERRA -(Dow Jones)- A senior Australian government minister said Friday that Prime Minister Kevin Rudd could call an early election if Parliament fails to pass his carbon trading program.
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An Australian politician is criticizing what he sees as an assault on democracy and the scientific method and calling for open discussion on climate change
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Councils will no longer have to account for the financial implications of the governments carbon trading scheme in next years budgets, civil servants have revealed.
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THE proposed carbon-trading scheme will cause the collapse of the national electricity market, two of South Australia’s major generators have predicted.
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Japan has approved its first set of domestic carbon credits, authorising three energy efficiency projects designed to cut annual carbon emissions by an estimated 990 tonnes.
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The Australian government failed to get its carbon trading scheme through the Senate on Thursday after the opposition Coalition and crossbench senators criticised the schemes economic and environmental analysis as being inadequate.
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The Rudd government’s scheme for carbon trading scheme has come in for criticism from mining giant Rio Tinto for its prohibitive price tag. Under the scheme the mining company may have to close some of its long-life coalmines around 2020 and cost the company A$2.9 billion over the next decade.
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The Hunter Business Chamber says more than $1 billion in investment has been put on hold in the region because of the uncertainty over the emissions trading scheme.
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LONDON, December 2 (Reuters) – The British government said on Tuesday, it wanted airlines included in a European scheme to cut carbon emissions but business leaders voiced scepticism about the UK’s ability to hit its emission reduction targets.
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SANTOS supports the introduction of the Federal Government’s carbon pollution reduction scheme by 2010. “It’s the right thing to do,” chief executive David Knox said. However, he added: “It has to be done in a framework which is economic for independent companies such as ours.”
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FULL exposure to a carbon cost scheme without appropriate transitional measures could jeopardise Australias pulp and paper industry, according to a new report released earlier this week.
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AAP – Industry and economic leaders are divided on how an emissions trading scheme should operate but have warmed to the idea of an environmental central bank. Leading climate change economist Warwick McKibbin wants a central carbon bank similar to how the financial system has a Reserve Bank of Australia.
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(AAP) – Western Australia has urged the Commonwealth to delay the introduction of the Carbon Pollution Reduction Scheme, saying trade exposed industries need to be better compensated.
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TOKYO, Oct 24 (Reuters) – Each Japanese utility will consider participating in the planned domestic trial carbon dioxide (CO2) trading scheme, keeping in mind the industry’s voluntary goals under the Kyoto Protocol, the chairman of an industry association said on Friday.
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Greening Australia says agriculture should be included in the Federal Government’s carbon trading scheme as soon as possible.
The scheme is due to be introduced in 2010, but a decision about agriculture’s participation is yet to be made.
Though critics have long believed the emissions trading scheme would squeeze out capital and jobs from the Australian market, current figures show an opposite trend. The revealed a 5.7% increase in capital spending in the last quarter. Even the , and forecasts for the next year are even higher. In addition, the Australian Bureau expects other sectors to grow too in terms of their investments.
An organization of CEOs from 100 large Australian firms has now entered the struggle for a lighter emissions scheme. The says that the current emissions trading plans of Rudd government would force Australian firms to pack up their bags and run for another country where laws are in their favor.
BCA actually and hypothesized the post-ETS situation in their books. A close look revealed that 3 of the firms would have to pay so large a price for carbon that they would have no other option than to shut down. Two others amongst the 14 would certainly have a pretty doubtful future.
According to the study conducted by BCA consultants , the average firms pre-tax revenue would face a 22% reduction because of the emissions trading scheme.
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