Australia announced Tuesday it would link its deeply contested emissions trading scheme with the European Union's from mid-2015 in an effort to combat climate change.
The European Commission made a bid Wednesday to fix the EU's sickly Emissions Trading Scheme, calling for a delay in the auction timetable over 2013 to 2020 in order to prop up prices.
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.
Australia's new carbon tax received a cool reception in a poll Monday, showing Prime Minister Julia Gillard's mechanism to tackle climate change is unpopular and her government on track to lose office.
Australia on Sunday introduced a controversial carbon tax in a bid to tackle climate change, with Prime Minister Julia Gillard hailing the move amid opposition warnings it will stifle industry.
Cap and trade programs to reduce emissions do not inherently provide incentives to induce the private sector to develop innovative technologies to address climate change, according to a new study in the journal Proceedings ...
EU officials said Sunday they will negotiate with international partners angry at what they see as a climate tax on airlines, but refused to change hotly disputed legislation despite fears in Germany.
EU climate commissioner Connie Hedegaard on Monday called on countries fighting an airlines carbon emissions fee to propose concrete action to fight climate change.
A split widened within the aviation industry Tuesday over EU charges for carbon emissions, as Europe's low-cost carriers accused Chinese and US rivals of "gunboat" diplomacy against the system.
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.