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10 Feb 12 09:25
Australia awards $100 million to CCS project

Australia will invest A$100 million ($107m) in the development of a carbon capture and storage (CCS) project in Victoria to halt CO2 emissions from coal-fired power generation.

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09 Feb 12 21:37
US approves first new nuclear plant in a generation

U.S. regulators on Thursday approved plans to build the first new nuclear power plant in more than 30 years in spite of objections of the panel's chairman who cited safety concerns stemming from Japan's 2011 Fukushima disaster.

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09 Feb 12 18:09
Airlines call for govts to scrap green tax now ETS applies

European governments must cancel green taxes on flights because airlines now account for their greenhouse gas output under the bloc’s Emissions Trading Scheme (ETS), an airline group said Thursday.

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09 Feb 12 17:38
Forest law vote puts Brazil CO2 goals at risk

Brazil’s lower house of Congress is expected on March 7 to approve a controversial proposal to revise the country’s forest code, a move which opponents say could jeopardize the country’s greenhouse gas reduction target.

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09 Feb 12 12:41
EU energy saving law hit by amendments avalanche

Plans to improve the European Union's record on energy saving risk stalling over hundreds of highly technical amendments, including one that could be good for Germany and its giant utilities, but bad for poorer nations.

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09 Feb 12 09:56
Australia risks missing renewable target: report

Australia could fail to meet its 2020 renewable energy target due to low electricity prices and cheap renewable energy credits, according to a report by consultancy Reputex.

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09 Feb 12 09:35
Australia appoints carbon trade chief

Australia has appointed National Water Commission Chair Chloe Munro to head the independent body that will regulate the country’s CO2 scheme.

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09 Feb 12 06:47
Airlines face $670 mln carbon pollution charge in 2012: study

Airlines face a carbon pollution bill of 505 million euros ($670 million) for this year under a controversial EU emissions trading scheme, an analysis by Thomson Reuters Point Carbon on Thursday shows.

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08 Feb 12 23:38
California eyes $40 bln in CO2 revenue for rail project

The sale of CO2 permits to polluters could net California up to $40 billion over the life of its cap-and-trade program, money Governor Jerry Brown has said should be spent on an ambitious, $100 billion high-speed rail project.

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08 Feb 12 13:53
Airlines seek compromise as EU carbon debate hots up

A debate between European policymakers and foreign governments over the EU’s airline emissions trading scheme (ETS) is heating up, but carriers caught in the middle are pushing for a compromise.

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08 Feb 12 13:01
Set-aside should not lift EUAs over 30 euros: policymakers

European carbon prices should rise to no higher than 30 euros through a one-off market intervention if the EU’s flagship Emissions Trading Scheme is to remain effective and not be replaced with other measures, policymakers said late on Tuesday.

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08 Feb 12 10:43
S.Korea CO2 scheme passes hurdle, awaits parliament vote

Plans for an emissions trading scheme in South Korea passed a major hurdle on Wednesday after a multi-party committee approved laws governing the programme that could be passed by parliament as early as next week.

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08 Feb 12 10:37
Business group calls on MEPs to vote against CO2 market set-aside

A coalition of industrial emitters has urged European Parliamentarians to reject a proposal to give the European Commission the power to slash supply of carbon permits by up to 8 percent in a bid to prop up permit prices.

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08 Feb 12 01:23
U.S. aviation bill heads to White House

A bill that contains a statement opposing an EU law that forces U.S. airlines to participate in its carbon cap-and-trade scheme is heading to the president’s desk for signature after clearing both houses of Congress.

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07 Feb 12 20:31
New Mexico regulators pull plug on WCI participation

Environmental regulators in the western state of New Mexico repealed rules to establish a cap-and-trade system by 2013, removing any chance the state will participate in the Western Climate Initiative (WCI) carbon market.

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