The European Union should scrap a controversial carbon tax on air travel and seek a global solution to the emissions problem, the global aviation industry's chief said on Wednesday.
The best way to reduce carbon emissions and combat climate change is through the use of market forces, according to a new study.
Australia will unveil the full details of its contentious pollution tax within days, Treasurer Wayne Swan said Tuesday, promising help for households facing higher energy bills.
Australia Sunday announced plans to tax carbon pollution at Aus$23 (US$24.74) per tonne to help battle climate change, as it moves towards an emissions trading scheme similar to that of Europe.
Australia on Thursday passed a clean energy law requiring the country to produce 20 percent of its power from renewable sources by 2020 in move that could draw billions of dollars of green investment.
The UN aviation body has reached a deal on curbing the airline industry's rising carbon emissions, sources close to the negotiations said Friday.
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.
EU climate commissioner Connie Hedegaard on Monday called on countries fighting an airlines carbon emissions fee to propose concrete action to fight climate change.
EU governments closed ranks Friday in a bid to resuscitate their moribund carbon emissions market meant to combat global warming, just three days ahead of crunch UN climate talks in Warsaw.
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.