Senior Minister S. Jayakumar said the city-state will undertake voluntary and self-funded action to reduce its emissions growth by 16 per cent below “business as usual” levels” by 2020, even though it is not obliged to take on cuts. Read more…
Australia’s regional economies might shrink more than 20 percent over the next 40 years under the government’s emissions trading system, the Australian said, citing a report commissioned by New South Wales state. Read more…
The government plans to unveil legislation next month to create an Australian carbon emissions trading scheme designed to tax climate changing pollution beginning next year, Climate Change Minister Penny Wong said Friday. Read more…
Asia-Pacific, Emissions Trading, Policies/Regulation, Trading
The China Carbon Trade Summit 2009 will be held in Beijing on April 1 and 2. Participants include the president of International Emissions Trading Association (IETA), the chairman of the CDM Executive Board of the United Nations, the vice president of the Chicago Climate Exchange and senior carbon market specialists from the Carbon Finance Unit of the World Bank will come together with officials of the Chinese government and Chinese experts. Read more…
The Indian Institute of Remote Sensing (IIRS) on Sunday launched the country’s first carbon dioxide measurement exchange tower in Uttarakhand. Read more…
Beijing has set aside 1 billion yuan (about 140 million U.S. dollars) to pay subsidies to owners of “Huangbiaoche” or vehicles with yellow environmental protection labels, taken off roads this year to help reduce pollution, a government official said Wednesday. Read more…
Twelve months ago – as the first official act of the newly elected Rudd Government – Australia ratified the Kyoto Protocol. Read more…
BP Plc’s Australia unit said it reduced greenhouse gases by 3.4 percent last business year from a year earlier when pollution was boosted by refinery maintenance work and increased retailing sites. Read more…
Air New Zealand plans to use 10 per cent biofuel in its domestic fleet by 2012. Read more…