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Australian carbon market worth$6.58 bln in first year: Carbon Market Institute

Australia’s carbon market was worth $6.58 billion in its first year of operation, according to the Carbon Market Institute. The group said that covered entities emitted 286.6 million tonnes of…

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More wildfires likely as result of climate change: NASA

Warming temperatures across the world are likely to lead to more intense weather events, and make wild fires, for instance, more ferocious and more common,  according to a new NASA…

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Why the World Bank cares about climate change

The World Bank, a conservative organisation, is becoming more and more vocal about the dangers of climate change, especially to the world’s poorest people. By clicking here, you can read…

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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…

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Obama announces ambitious US climate action plan

“We don’t have time for a meeting of the flat-earth society,” US President Barack Obama said in a speech announcing this ambitious climate action plan. President Obama outlined a series…

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Obama quietly raises ‘carbon price’ as costs to climate increase

Buried in a little-noticed rule on microwave ovens is a change in the US government’s accounting for carbon emissions that could have wide-ranging implications for everything from power plants to the Keystone…

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How much carbon can the world’s forests absorb?

Peter Reich, scientific advisor at the Hawkesbury Institute of the Environment at University of Western Sydney, has a great 'explainer piece' in The Conversation talking about how much carbon the world's...
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Is an aviation carbon tax on its way?

Despite the unpopularity of a European aviation carbon emission tax, the world’s airlines are ready to discuss global measures, the New York Times reports. The article reports: “Last week, airlines…

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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…

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