Third of firms still have no strategy to address carbon risk

With only days to go before July 1 when the carbon tax comes into effect, Deakin University researchers have found nearly a third of businesses surveyed still have no coherent strategy to address their company's carbon risk.

Reducing cash bite of wind power

The State of Illinois is facing an important renewable energy deadline in 2025, and Northwestern University's Harold H. Kung has a piece of advice for Springfield to consider now: Investment Tax Credit.

World powers 'plan anti-carbon tax talks'

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.

Australian parliament passes divisive carbon tax

Australia's lower house on Wednesday passed a contentious new tax on carbon pollution to combat climate change which has angered many voters and threatens Prime Minister Julia Gillard's hold on power.

EU court backs bloc in airlines emissions fight

An EU decision to force foreign airlines to buy carbon permits "is compatible with international law," the advocate general of the European Union Court of Justice said Thursday.

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.

Australia begins selling pollution tax

Australia's Prime Minister Julia Gillard began Monday the mammoth task of selling a bold new tax on carbon emissions to sceptical voters, in a battle that could make or break her fragile rule.

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