Rudd announces early move to ETS

To make the move from the carbon tax to an emissions trading scheme (ETS) a year earlier than planned, Prime Minister Kevin Rudd has announced nearly $4 billion worth of cuts or deferrals to government spending. Among the cuts are slashes of environment programs and...

World emissions up to record high

Emissions of carbon dioxide rose by 1.4 per cent in 2012 to a record high of 31.6 billion tonnes, the International Energy Agency said yesterday with the release of its annual World Energy Outlook report. The United States, typically the highest emitter, posted its...