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.

High-mileage hybrids have huge payoff

Modern electric hybrid vehicles have been sold in the United States for more than a decade. Honda's two-door Insight hit the U.S. market in 1999, and Toyota marketed its first hybrid four-door sedan, the Prius, in 2000. Many ...

Romania decree threatens green energy projects

Romania's centre-left government on Tuesday adopted a decree cutting incentives for renewable energy, which experts say could drive investors away and put on hold a booming industry.

EU urges reform of Bulgaria troubled energy sector

Brussels recommended Tuesday far-reaching reforms to Bulgaria's troubled energy sector as well as measures like better insulation, as a solution to high electricity bills that have prompted public anger in the EU's poorest ...

Open software platform to bring down energy costs

Energy is getting more and more expensive, and experts are predicting record electricity and heating prices. A software platform promises to lighten the load for households and businesses by making it easier for consumers ...

German greenhouse gas emissions rose in 2012

Germany saw increased emissions in greenhouse gases last year due to more coal and gas usage while the country seeks to develop its renewable energy sources, officials said Monday.

Fukushima operator TEPCO triples net loss forecast

Fukushima nuclear plant operator TEPCO on Monday slashed its outlook for the fiscal year to March, warning it expected to lose about $1.29 billion or almost three times an earlier estimate.

German minister warns of rising electricity prices

(AP) — German Economy Minister Philip Roesler said Tuesday that the country needs to do more to ensure the steady and reasonably priced availability of electricity as the country phases out nuclear power over the next ...

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