Cheers erupted in Australia's Parliament House after Prime Minister Julia Gillard presented her bill for a new pollution tax she hopes will help counter climate change.
China will introduce a pilot scheme for carbon emissions trading and gradually develop a national market as the world's largest polluter seeks to reduce emissions and save energy, state media said.
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.
A government-backed study of pollution reduction policies among Australia's major trade partners Thursday backed "price-based schemes" as most effective, boosting Canberra's carbon tax plan.
Greenhouse-gas emissions by the 27 members of the European Union fell by 7.1 percent in 2009 over 2008, driven by economic recession but also a switch to renewable energy, the European Environment Agency (EAA) said on Tuesday.
Europe is to ban a highly lucrative trade in polluting rights obtained by European-based companies under a UN scheme to favour environmentally-friendly industrial investment in the likes of China or India.
Australian researchers have suggested that nations should abandon the concept of carbon emissions trading in favor of a carbon swap bank that might lead to genuine reductions in the amount of carbon dioxide greenhouse gas ...
The head of the world's biggest airline association, IATA, berated the oil industry and governments on Friday for investing "peanuts" in cleaner biofuels.
So-called "cap and trade" legislation has often been portrayed as a regressive policy -- one that would hit poor people the hardest. A new MIT study concluded that this is not the case.