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News & Updates

May 9, 2012 Australia Predicts A$24.7 Billion Carbon Revenue

Source: Bloomberg

Australia expects to raise A$24.7 billion ($24.8 billion) in four years from the carbon tax coming into effect July 1, as the government seeks to reduce emissions and spur investment in cleaner energy.

May 8, 2012 Goodbye Nuclear Power — and Hello More Carbon?

Source: Time

As the only victim of an atomic bombing, Japan has always reacted ambivalently at best toward nuclear power. This is the country of the hibakusha — the survivors of the American attacks on Hiroshima and Nagasaki, victims of...

May 8, 2012 RFK Jr. calls coal 'corrupting' at Portland rally

Source: Seattle Times

Environmental lawyer Robert F. Kennedy Jr. said a proposal to use the Pacific Northwest as a conduit between coal mined in Montana and Wyoming and shipped to Asia would pollute more than just the environment.

May 8, 2012 U.N. to rule on carbon offsets from coal plants

Source: Reuters

The main U.N.-appointed panel that regulates supply of global carbon offsets could this week decide whether to approve rules that would lead to the award of millions of CO2 credits to coal-fired power stations in developing...

May 8, 2012 Norway opens major facility to test carbon capture

Source: Reuters

MONGSTAD - - Norway on Monday launched the world's largest facility of its kind to develop carbon capture and storage (CCS), the so-far commercially unproven technology that would allow greenhouse gases from power plants to be...

May 7, 2012 Record Gas Use by U.S. Utilities Fails to Drive Up Price: Energy

Source: Bloomberg

U.S. utilities led by Southern Co. (SO) are burning a record amount of natural gas for generating electricity without triggering a forecasted boost to the fuel’s price from near 10-year lows.

May 7, 2012 UK urged to force firms to report carbon emissions

Source: Reuters

Britain's government should force large companies to provide annual information on their carbon emissions in addition to reporting profits and executive pay, an alliance of businesses and environmental groups said, backed by...

May 7, 2012 Chinese cities near top of world carbon emissions list

Source: China Post

BEIJING --Several major Chinese cities have some of the world's highest per capita carbon footprints, a World Bank report said on Thursday. Greenhouse gas emissions (measured in tons of carbon dioxide equivalent per capita) in...

May 4, 2012 California carbon down 3 pct ahead of electricity meeting

Source: Reuters

California carbon allowances (CCAs) for delivery in 2013 closed at $15.50/tonne on Thursday, down 50 cents from a week ago, as market players held back on trading ahead of a key regulatory meeting on Friday that they hope will...

May 4, 2012 As Japan shuts down nuclear power, emissions rise

Source: Huff Post

TOKYO — The Fukushima crisis is eroding years of Japanese efforts to reduce greenhouse gas emissions blamed for global warming, as power plants running on oil and natural gas fill the electricity gap left by now-shuttered nuclear...

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