Ten big energy firms vow to fight climate change

Ten of the world's leading oil and gas companies vowed Friday to help fight climate change, notably by shifting towards cleaner natural gas, but their promise was dismissed by Greenpeace as a public relations ploy.

EDF for carbon price floor

French owned energy firm EDF on Tuesday urged the adoption of a carbon price floor in the run-up to a climate warming conference in Paris, backing a government proposal to that effect for the sector in France.

Offering an effective route to low carbon economy

To achieve public support for a transformation to a low carbon society, politicians would be advised to implement a quantity-based energy quota system, with a fixed and decreasing cap on total use, rather than relying on ...

Coal gas boom in China holds climate change risks

Deep in the hilly grasslands of remote Inner Mongolia, twin smoke stacks rise more than 200 feet into the sky, their steam and sulfur billowing over herds of sheep and cattle. Both day and night, the rumble of this power ...

Global warming not taken seriously: World Bank's Kim

Global warming is not being taken seriously and time is running out to avoid consequences like flooded cities and dried out farmland, World Bank President Jim Yong Kim said Thursday.

Australia to ditch pollution levy by 2014

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.

Australia to scrap carbon tax for trading scheme

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.

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