China 'will not accept' carbon tax on EU flights: report

China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.

Google, Microsoft launch charity efforts

Google and Microsoft each unveiled new charitable initiatives Tuesday, in separate efforts which channel millions of dollars to innovators tackling social ills.

China bans airlines from paying EU carbon charges

China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

World powers 'plan anti-carbon tax talks'

India, Russia, the United States, China and other countries will meet in Moscow this month to decide whether to retaliate against the EU's decision to impose a carbon tax on air travel, a report says.

European carbon market suffers in annus horribilis

Europe's market in carbon emissions is hoping for outside help after a year in which prices slumped to record lows, savaging claims that trading in CO2 brakes the rise of dangerous greenhouse gases.

Australia passes controversial carbon pollution tax

Australia passed its controversial pollution tax Tuesday in a sweeping and historic reform aimed at lowering carbon emissions blamed for climate change, after years of fierce debate.

Australian parliament passes divisive carbon tax

Australia's lower house on Wednesday passed a contentious new tax on carbon pollution to combat climate change which has angered many voters and threatens Prime Minister Julia Gillard's hold on power.

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