User: demo Topic: Climate Change
Category: Emissions Trading
Last updated: Dec 07 2016 07:36 IST RSS 2.0
 
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Australian leader rules out taxes on polluters 7.12.2016 Salt Lake Tribune
Canberra, Australia • Australia’s prime minister on Wednesday ruled out making power companies pay for greenhouse gas pollution they create — a policy option that angered conservative government lawmakers when proposed by a minister this week. Malcolm Turnbull said a review of the government’s climate change policies next year aimed at achieving greenhouse gas reduction targets by 2030 would not include any measures that would inflate electricity bills. “We are not going to take any steps that w...
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Australian leader rules out generators paying for pollution 7.12.2016 Seattle Times: Top stories

CANBERRA, Australia (AP) — Australia’s prime minister on Wednesday ruled out making power companies pay for greenhouse gas pollution they create — a policy option that angered conservative government lawmakers when proposed by a minister this week. Malcolm Turnbull said a review of the government’s climate change policies next year aimed at achieving greenhouse gas […]
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Australia considers charging power generators for pollution 5.12.2016 Seattle Times: Business & Technology

CANBERRA, Australia (AP) — Australia will consider making electrical power companies pay for greenhouse gas pollution they create, three years after the government scrapped the national carbon tax, a Cabinet minister said Monday. The conservative government rejected all polluter-pays options in 2014 when it repealed Australia’s 3-year-old carbon tax levied against the nation’s biggest industrial […]
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NZ backs fast-tracking of Paris climate deal 21.11.2016 New Kerala: World News
NZ backs fast-tracking of Paris climate deal
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One looming consequence of climate change: Small island nations will cease to exist 16.11.2016 LA Times: Commentary

As United Nations climate change talks get set to wrap up on Friday in Marrakech, Morocco, negotiators representing the Alliance of Small Island Nations underscored the need to speed up efforts to combat global warming and adapt to its effects.

“I’m happy about the progress that we are making,...

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UN's Clean Development Mechanism 'crucial' for Paris goals 8.11.2016 New Kerala: World News
UN's Clean Development Mechanism 'crucial' for Paris goals
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China pledges 18-percent carbon emissions cut by 2020 5.11.2016 Seattle Times: Nation & World

BEIJING (AP) — China’s cabinet issued a new climate plan targeting an 18-percent cut in carbon emissions by 2020 compared to 2015 levels, the same day that the Paris Agreement of nearly 200 countries took effect. Under the new State Council plan announced Friday, coal consumption must be capped at about 4.2 billion tons in […]
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China Warns Trump on Trashing Climate Plan 2.11.2016 Truthout.com
Donald Trump's campaign stump speech routinely name-checks China as a foreign bogeyman that's stealing American jobs and wealth. On Tuesday, the East Asian power slightly jabbed back at the GOP nominee. According to Reuters , China's top climate change negotiator criticized Trump's pledge to shred the Paris Agreement -- a pact was approved by more than 190 nations last year in an effort to reduce rising global temperatures. "I believe a wise political leader should take policy stances that conform with global trends," Xie Zhenhua told reporters, responding to a question about how his nation might work with a Trump administration on combating climate change. Trump has  previously alleged  that climate change is a hoax perpetrated by the Chinese government. Zhenhua added of a potential GOP White House's opposition to future climate talks: "If they resist this trend, I don't think they'll win the support of their people, and their country's economic and social progress will also be affected." In September, ...
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California Champions Cross-Border Climate Innovations 26.10.2016 American Prospect
AP Photo/Richard Vogel California Governor Jerry Brown, seated, signs SB 32 while joined by Senate President pro tempore Kevin de Leon, second from left, and state Senator Fran Pavley, Thursday, September 8, 2016, in Los Angeles.                                    In late August, a robust environmental coalition advocating sweeping climate change legislation in California scored an 11th-hour victory. With only a week left in the legislative session, the Assembly defied expectations by approving a bill that would build on California’s existing short-term goals to reduce the state’s greenhouse gas emissions by 40 percent below 1990 levels by the year 2030. The response from the bill’s backers has bordered on the ecstatic, and advocacy groups, media outlets, and political pundits have cast the passage of the law, known as SB32, as a triumphant moment in California’s unstoppable progress as a go-it-alone global climate leader. However, the law’s actual climate impacts will be subtler. While positive, SB32’s ...
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After Brexit, sea wind undermine carbon prices 17.9.2016 Salt Lake Tribune
In shallow waters off the Dutch coast, you’ll soon see why the world’s biggest carbon market is struggling with slumping prices. Dong Energy plans to build two offshore wind parks there supplying as many as one million homes. The cost of the projects is about 60 percent cheaper than average rates estimated only a year ago by Bloomberg New Energy Finance in London. If they stick, the tariffs could be a “game changer” because they are showing lawmakers fighting climate change just how quickly ener...
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Two-thirds of Europeans want EU to do more on environment 25.8.2016 New Kerala: World News
Brussels, Aug 25 : Two-thirds of Europeans want the European Union to do more on environment protection, a survey has showed.
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California's cap-and-trade program has cut pollution. So why do critics keep calling it a failure? 30.7.2016 LA Times: Commentary

After cruising along for more than two years, California’s vaunted cap-and-trade program to cut carbon emissions has run into a few recent snags.

A state appeals court has signaled that it has doubts about how officials are spending billions in revenue from the  program — or even if they have the...

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Boris Johnson: May makes undiplomatic figure top UK diplomat 14.7.2016 Salt Lake Tribune
London • Britain’s new top diplomat is shaggy-haired, Latin-spouting Boris Johnson, who has made insulting and vulgar comments about the presidents of the United States and Turkey. And those are just his recent gaffes. When Johnson returned to his London home after the appointment, a neighbor had placed a sign next to his house saying: “SORRY WORLD.” Johnson, 52, has made a long string of racist and insensitive comments dating back to his early career in journalism. He has apologized before and ...
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Ecologically Sustainable Growth Is Possible: An Interview With Robin Hahnel 7.7.2016 Truthout.com
While the world must reduce its resource consumption and output of pollution in the face of climate change, we don't need to demand that people sacrifice their economic well-being, says radical economist Robin Hahnel. "Green growth is possible." Robin Hahnel. (Photo: Antti Jauhiainen ) Can we have economic growth while confronting climate change? In this interview, radical economist Robin Hahnel argues that ecological sustainability is perfectly compatible with increases in economic well-being. While we must drastically reduce the physical matter used and discharged within the global economy ("throughput"), we can simultaneously improve life for most people. Fighting for an ecologically sustainable form of growth must be central to the work of the climate justice movement. Kevin Young: Many environmentalists argue that we must limit economic growth or even undergo de-growth in order to adequately reduce greenhouse gas (GHG) emissions. Many economists argue that it's possible to "decouple" growth and ...
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Forget cap and trade's detractors, California's carbon-pricing works 23.6.2016 LA Times: Commentary

California’s cap-and-trade program to reduce carbon emissions and address climate change keeps on ticking as it was designed to, defying its critics. Cap-and-trade programs are considered to be among the most effective ways to reduce pollution, in particular carbon emissions, from power plants...

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China to boost green, low-carbon development 3.6.2016 New Kerala: World News
San Francisco, June 3 : China will constantly boost green and low-carbon development in an effort to promote harmony between human and nature, according to a congratulatory letter sent by President Xi Jinping to the 7th Clean Energy Ministerial (CEM) and inaugural Mission Innovation Ministerial on Thursday.
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Vitol: world's biggest energy trader emerges from the shadows 1.6.2016 The Guardian -- Front Page

Company’s CEO Ian Taylor has kept a low profile but is finally breaking cover to lobby against EU plans to tighten regulation of commodity trading

“The biggest company you’ve never heard of” is a label regularly bandied around but is well-deserved by the global trading firm with a name more suited to a household cleaning product: Vitol.

You will not hear its name at this week’s Opec meeting in Vienna or have heard it quoted on the subject of the significant rise in oil prices over the past four months, but a Saudi oil minister would know the name Vitol as they would Shell or BP.

Continue reading...
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Vote Leave wants power to axe fuel VAT 31.5.2016 BBC: Business
Leading figures in the campaign for Britain to leave the European Union say they want to be able to scrap VAT on fuel to help the poorest households.
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California cap-and-trade auction falls far short, delivering blow to state revenue and bullet train financing 26.5.2016 LA Times: Commentary

The latest auction in California’s cap-and-trade market for greenhouse gases fell sharply below expectations, as buyers purchased just 2% of the carbon credits whose sale funds a variety of state programs -- notably, the proposed high-speed rail project.

The quarterly auction, conducted May 18...

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Q&A: Farmers are the New Climate Warriors 23.5.2016 American Prospect
AP Photo/Rich Pedroncelli A rice stalk on a farm near Dunnigan, California.  Environmental advocates have all but given up on their long-cherished goal of a federally-mandated cap-and-trade program to rein in carbon emissions, given the present state of gridlock on Capitol Hill. But amid protracted hemming and hawing over how such a system would stack up against carbon taxes or other broad incentives to reduce emissions, the state of California has stepped in where Washington policymakers fear to tread. California formed its own state-mandated carbon market in 2012, restricting the emissions of 600 of the state’s biggest polluters, who produce 85 percent of greenhouse gas emissions statewide. Lowering the “cap” will slash emissions in the state 16 percent by 2020. More recently, the California Air Resources Board , which oversees the state’s carbon market, linked arms with allies north of the border—Quebec, Ontario, and Manitoba—to ink an agreement that will integrate the three Canadian provinces’ carbon ...
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