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Global News: Australia Passes Carbon Credit Law, CO2 Price is Next; Solar Could Match Coal’s Price by 2015 in China
Australia passes CO2 offset laws, carbon pricing next Australia’s parliament endorsed the world’s first national scheme that regulates the creation and trade of carbon credits from farming and forestry on Monday, to complement government plans to put a price on carbon emissions from mid-2012. The laws, the first major bills passed by the government with [...]
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Tumbling Stocks, Protests Greet Australia's Carbon Tax
Australia has long term plans in place to develop a market-based, carbon credit trading scheme for CO2 emissions by 2015. In the meantime, it’s imposing a ax on carbon. Prime Minister Julia Gillard announced yesterday hat CO2 emissi... Read Post
In The ‘Crazy’ World Of Carbon Finance, Coal Now Qualifies For Emission Reduction Credits
In a decision criticized as “unfortunate” and even “insane” by onlookers, the United Nations has decided that new coal plants are eligible for carbon credits under the Clean Development Mechanism (CDM). The CDM is a trading platform... Read Post
King Coal Australia Plans to Price Carbon
coal ships.JPG SO Australia’s carbon price cards are finally on the table.From July next year, the Federal Government will look to price greenhouse gas emissions at $23 per tonne rising 2.5 per cent each year.Then, in 2015, this is ... Read Post