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News & Updates

June 28, 2012 Carbon Errors Make Australia Wiser as Gillard Sets Price Record

Source: Bloomberg

Australia is setting the world’s highest price on carbon emissions as it seeks to avoid mistakes made when Europe started the biggest cap-and-trade system seven years ago.

June 28, 2012 Climate change fears 'overblown' says ExxonMobil boss -text/video

Source: Guardian.co.uk

ExxonMobil chief executive, Rex Tillerson, has said fears about climate change, drilling and energy dependence are overblown. In a speech on Wednesday, Tillerson acknowledged that burning of fossil fuels is warming the planet,...

June 27, 2012 Court Backs E.P.A. Over Emissions Limits Intended to Reduce Global Warming

Source: NY Times

WASHINGTON — A federal appeals court on Tuesday upheld a finding by the Environmental Protection Agency that heat-trapping gases from industry and vehicles endanger public health, dealing a decisive blow to companies and states...

June 27, 2012 Shell Is Likely to Receive Permits for Oil Drilling Off Alaska

Source: NY Times

WASHINGTON — Interior Secretary Ken Salazar said Tuesday that it was “highly likely” that the agency would grant Shell permits to begin drilling exploratory wells off the North Slope of Alaska as early as next month.

June 27, 2012 Oil falls on Europe anxiety, oil strike

Source: Reuters

Brent crude oil fell on Wednesday on mounting concerns that European leaders would fail to solve the region's intractable debt crisis at a key meeting this week, offsetting tighter North Sea oil supply.

June 26, 2012 30 simple ways to beat the carbon tax - Australia

Source: ABC.net.au

The price on carbon begins on Sunday. While only the top carbon-emitting companies and organisations are affected by the $23 price tag on each tonne of carbon emitted, the cost will filter down to all of us through our...

June 25, 2012 Most still unhappy with carbon tax: survey

Source: ninemsn.com.ac

Just days out from the introduction of the federal government's carbon tax a majority of voters remain against the impost because they believe it will push up costs, a poll says.

June 25, 2012 U.S. extends time for public feedback on fracking rules

Source: Chicago Tribune

WASHINGTON - The Obama administration is extending by 60 days the deadline for the public to comment on a proposal expanding oversight of fracking drilling on federal lands, as both industry and environmental groups seek...

June 23, 2012 Activists slam Rio+20 sustainable development summit as a 'hoax'

Source: CNN

As delegates ended the three-day Rio+20 summit with a 53-page statement called "The Future We Want," activists slammed the U.N. conference on sustainable development as a "failure of epic proportions." U.N. Secretary-General Ban...

June 22, 2012 Study Slashes Deforestation Carbon Emission Estimate

Source: NASA

A new study with NASA participation has sharply reduced previous estimates of how much carbon was emitted into Earth's atmosphere from tropical deforestation in the early 2000s.

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