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.
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.
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.
The European Union said Wednesday that China, the world's largest carbon emitter, was willing to cooperate more closely to address climate change worldwide ahead of a key global pact due in 2015.
Forecasts about global warming and its consequences are shrouded in uncertainty. Research scientists maintain that the risks associated with climate change are high, but are unable to estimate accurately how easily temperature ...
Key greenhouse gas emitter Australia on Sunday announced it will scrap its carbon tax in favour of an emissions trading scheme that puts a limit on pollution from 2014, a year earlier than planned.
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.
Australian Prime Minister Kevin Rudd on Tuesday announced the country's divisive fixed-price carbon tax will be scrapped a year ahead of schedule in favour of a market-driven emissions trading scheme.
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.
Six EU states, including powerhouse Germany, called on European lawmakers Friday to back efforts to revive a faltering market in pollution credits so as to bolster the bloc's fight against global warming.