Airlines decry EU carbon emissions scheme

Airlines denounced on Tuesday an EU plan to charge them for carbon emissions, warning it would cost the industry 17.5 billion euros ($23.8 billion) over eight years.

Cheers as Australia's carbon tax hits parliament

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 plans carbon-trading pilot scheme

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 sets carbon price to fight climate change

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 to unveil pollution tax

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.

Study backs Australia pollution tax plans

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.

Combine carbon consensus with income tax cuts: study

A carbon pricing proposal can find consensus and would allow income tax cuts, as long as industry handouts can be kept in check, according to a new report from The Australian National University.

Carbon swap bank to beat climate change

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 ...

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