Where is it cheapest to cut carbon?

Researchers from The Australian National University have shed some light on why some countries are more reluctant to agree to an international carbon price than others.

Brussels bids to rescue carbon-trading scheme

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.

EU should scrap airline emissions tax: IATA

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.

Cool reception for Australia's climate tax: poll

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 brings in contentious carbon tax

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.

EU 'open' to talks on airlines tax, but won't change law

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.

Airline industry split widens over EU carbon 'tax' row

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 bans airlines from paying EU carbon charges

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.

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