Related topics: carbon emissions ยท climate change

European carbon market suffers in annus horribilis

Europe's market in carbon emissions is hoping for outside help after a year in which prices slumped to record lows, savaging claims that trading in CO2 brakes the rise of dangerous greenhouse gases.

EU unyielding on airline carbon despite US pressure

The EU will go ahead with its hotly contested plan to charge airlines for carbon emissions despite US threats of reprisal, should it win the backing of the European Court of Justice, EU sources said Tuesday.

Australia passes controversial carbon pollution tax

Australia passed its controversial pollution tax Tuesday in a sweeping and historic reform aimed at lowering carbon emissions blamed for climate change, after years of fierce debate.

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.

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.

Technology funding makes climate protection cheaper

To cost‑effectively protect the climate, not only an emissions trading scheme but also financial support for new technologies is needed. Economising on targeted funding, for example for renewable energies, makes climate ...

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.

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