EU court overturns carbon market free quotas

The EU's top court on Thursday overturned free quotas for the bloc's carbon market up to 2030, a key part of strategies to curb global warming emissions.

Global carbon pricing off menu at Paris climate talks

Climate experts say the need to agree on a global carbon price to cut pollution and aid clean technologies is a no-brainer, and yet the topic will have no place at the upcoming Paris climate talks.

EU parliament backs reform of carbon market

The European Parliament on Wednesday approved plans to overhaul the Europe Union's carbon market, a key part of strategies to curb the EU's global-warming emissions.

Australia carbon tax repeal a 'perfect storm of stupidity'

Australia's axing of its carbon tax and a plan to replace it by offering incentives to polluters to increase their energy efficiency is "the perfect storm of stupidity", scientists and academics argue.

China expands carbon emissions trading scheme

China's commercial hub Shanghai began carbon emissions trading on Tuesday, as the nation which is the world's biggest carbon emitter expands a pilot scheme.

Repeal of Australia's carbon tax moves closer

A bill to abolish an Australian carbon tax designed to combat climate change cleared parliament's lower house Thursday with the new conservative government saying "it doesn't work".

Australia PM moves to repeal climate tax

Australia's new conservative Prime Minister Tony Abbott Wednesday moved to abolish a carbon tax designed to combat climate change as his first major economic reform since taking office.

EU urges global deal on airline pollution

The EU on Tuesday urged nations to accept a compromise on plans to curb airline carbon emissions at a key UN conference, though resistance to striking an overall deal remains fierce.

Airline industry calls for CO2 emissions plan

The airline industry's mouthpiece called Monday for uniform global measures by 2020 to curb all aircraft carbon emissions, warning that a patchwork of competing proposals could emerge otherwise.

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