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.
The EU said Friday it has set up a new anti-hacker team of cyber fire-fighters after a string of recent attacks, one of which saw 30 million euros' worth of carbon credits stolen.
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.
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.
Australia is set to approve measures giving polluters financial incentives to reduce emissions blamed for climate change, in a move critics described as ineffective environmental policy.
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.
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'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 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.
The Asian Development Bank on Wednesday called on China and Japan to band together in fighting the disastrous effects of climate change, despite their diplomatic hostilities.