User: demo Topic: Climate Change
Category: Emissions Trading
Last updated: Sep 02 2015 10:51 IST RSS 2.0
 
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Direct Action 'safeguards' will allow industry to increase emissions – analysts 2.9.2015 Guardian: Environment

Abbott government signs off on the detail of Australia’s climate policy but experts say the baselines have been set too high to require any cuts

The Abbott government has signed off on detailed rules for its Direct Action climate policy, which experts say will allow big industry to actually increase greenhouse emissions.

The so-called “safeguards mechanism” is supposed to ensure that increased emissions from heavy industry and electricity generators do not undo the reductions bought through the government’s $2.5bn scheme.

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Washington state wildfires pose added threat for tribes 27.8.2015 LA Times: Nation
The worst wildfire season in Washington state history could be particularly devastating to the people who have lived here between the Cascade Range and the Rocky Mountains since long before the region became part of the United States.
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Kyoto protocol's carbon credit scheme ‘increased emissions by 600m tonnes’ 24.8.2015 The Guardian -- Front Page

Major UNFCCC carbon trading scheme hit by serious corruption allegations involving organised crime in Russia and Ukraine

A key carbon offsetting scheme was so open to abuse that three quarters of its allowances lacked environmental integrity, a new report says.

UN officials confirm the findings by the Stockholm Environment Institute that around 600m tonnes of carbon were wrongly emitted as a result, under the UNFCCC’s Joint Implementation (JI) scheme.

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BP lobbied against EU support for clean energy to favour gas, documents reveal 20.8.2015 Guardian: Environment

BP was part of oil and gas lobby that successfully undermined EU renewable energy targets and subsidies in favour of gas as a climate fix in 2011

The fossil fuel giant BP helped spur a concerted industry push to curb EU policy support for renewable energies such as wind and solar in favour of gas, the Guardian has learned.

The European commission last year outlawed most subsidies for clean energy from 2017, and ended nationally-binding renewable targets after 2020, despite opposition from environmentalists and clean energy firms.

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Australia's emissions cut target 'at or near bottom' of comparable countries 14.8.2015 Guardian: Environment

Climate Change Authority chairman Bernie Fraser says ‘more ambitious targets than those adopted by the government can be achieved at modest costs’

The independent Climate Change Authority has shot down key parts of Tony Abbott’s new environmental message, saying the government’s new target is not “in the middle of the pack” of similar countries but rather “at or near the bottom”, that the $600bn price tag the government attributes to Labor’s target is “wrong” and its antagonism to emissions trading schemes is also misguided.

Related: Tony Abbott defends 2030 emissions target criticised as 'pathetically' low

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Emissions reduction fund: Shorten says Labor government would scrap scheme 13.8.2015 Guardian: Environment

Labor leader promises to dismantle Coalition scheme that he says gives ‘great wads of taxpayer cash to big polluters to keep polluting’

Bill Shorten will “axe” Tony Abbott’s emissions reduction fund if he wins next year’s federal election, gaining budget savings of up to $4.3bn over a decade.

Shorten will promise to honour contracts already signed with polluters by the Coalition but will then abandon the scheme, which he describes as “a waste of money built on one counter-productive idea: giving great wads of taxpayer cash to big polluters to keep polluting”.

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Deutsche Bank Employees Charged in Emissions Trading Case 13.8.2015 Wall St. Journal: Policy
Frankfurt’s public prosecutor’s office has filed charges against eight current and former employees of Deutsche Bank for the alleged evasion of taxes on trading carbon-emission ...
Emissions target: lack of detailed policy a major concern, say business leaders 13.8.2015 Guardian: Environment
‘Trying to cost what they have on the table is really just grasping at straws. We need to start filling in the detail,’ says head of Australian Industry Group Business leaders have said Tony Abbott has not detailed policies to meet his new climate change target and fear the uncertainty of the current “blank sheet of paper” on greenhouse policy could harm the economy and push up power prices. The prime minister is arguing he can achieve the target to cut Australia’s emissions by 26% by 2030 more cheaply than Labor, even though neither major party has outlined a detailed or costed climate ...
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Liberals to elect a new Speaker as parliament resumes – politics live 10.8.2015 Guardian: Environment
MPs return to Canberra after the six-week winter break to elect a new Speaker of the House of Representatives after the resignation of Bronwyn Bishop – and to mourn the loss of Liberal MP Don Randall. All the developments from Canberra, live 8.48am AEST So I’ve referenced the new Speaker, new climate targets – now to same sex marriage. As MPs arrived at Canberra airport last night, they were greeted by a hashtag. 8.31am AEST They’ve been caught red-handed with their hands on the income ... This is the environment minister, Greg Hunt, who is speaking to the ABC as we go live this morning. This rhetorical mangle is about Labor and carbon pricing. While we were parted over the winter recess, the ALP locked in behind emissions trading, which according to the man who once advised John Howard to adopt emissions trading (that would be Greg Hunt) is an act of unspeakable public policy wickedness. Don’t try and make sense of that story arc, it’s impossible. Our policy couldn’t be ...
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Australians fear Coalition is not taking climate change seriously, poll shows 9.8.2015 Guardian: Environment

Climate Institute survey reveals overwhelming support for wind and solar energy as the Abbott government seeks to limit support for both

Australians are deeply worried the Abbott government is underestimating the importance of climate change, new polling shows, as cabinet debates crucial long-term targets for greenhouse gas reductions.

The annual polling by the Climate Institute thinktank reveals Australians overwhelmingly support wind and solar energy – as the Coalition seeks to limit support for both – and see it as inevitable that coal-fired power stations will have to be phased out and replaced.

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Asia takes leadership on renewables, but only out of necessity - The Guardian 4.8.2015 google news
Asia takes leadership on renewables, but only out of necessity The Guardian A woman wearing a face mask walks through thick smog in Beijing. China's growth in renewables comes more from a desperation to solve domestic concerns than a desire for global leadership, argues Mike Scott. Photograph: Wang Zhao/AFP/Getty ...
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Barnaby Joyce says falling coal profits could scupper Shenhua's NSW mine 4.8.2015 The Guardian -- World Latest

Agriculture minister who railed against carbon tax says increasingly tenuous economics of coal could influence the Chinese state-owned company’s coalmine project

One of the Coalition’s fiercest campaigners against the emissions trading scheme, agriculture minister Barnaby Joyce, has said the declining profitability of coal was a big factor in the fight against the $1.2bn Shenhua Watermark mine.

Joyce, who famously predicted lamb roasts would rise to $100 under the former Labor government’s carbon price, told his local newspaper the increasingly tenuous economics of coal could influence Shenhua on its Liverpool Plains project.

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Obama climate plan may give California company in cap-and-trade 4.8.2015 SFGate: Business & Technology
California has, for years, urged other states to join its cap-and-trade system to fight global warming. Now, prodded by President Obama, they just might. Obama’s Clean Power Plan, released Monday, will force states to slash the amount of greenhouse gases spewing from their power plants. They can do it by boosting their use of renewable power, or replacing coal-burning plants with newer models burning natural gas. Or, they can do the easier, and likely cheaper, thing and join emission trading systems, like California’s.
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Biggest polluters able to increase emissions under Direct Action – study 2.8.2015 Guardian: Environment
‘Safeguard mechanism’ in Coalition policy is lenient and ineffective, says RepuTex analysis firm, making Direct Action ‘untenable’ in its current form Australia’s 20 biggest polluters will be able to significantly increase their greenhouse gas output despite being covered by the Abbott government’s so-called “safeguard mechanism” and will wipe out most of the emission reductions the government intends to buy from other sectors, according to new analysis which brands the Coalition policy “untenable”. The environment minister, Greg Hunt, says the “safeguard mechanism” – to be imposed on 150 big emitters and announced in detail later this month – will ensure that emissions reductions purchased through the $2.55bn emissions reduction fund (ERF) from things like avoided land clearing or energy efficiency are not displaced by a significant rise in emissions elsewhere in the ...
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Poll finds 60% believe carbon tax had little or no effect on electricity bills 28.7.2015 Guardian: Environment

Only 21% of voters polled believe that the carbon price had a large impact on power prices and only 9% thought the repeal had pushed prices down

More than 60% of voters think the former Labor government’s carbon price had no effect, or only a small effect, on electricity bills – as the Abbott government tries to rerun its cost of living argument against Labor’s pledge to re-introduce an emissions trading scheme.

Only 21% of voters (30% of Liberal/National voters and 15% of Labor and Green voters) believe the carbon price had a big impact on electricity prices, according to the latest poll by Essential Media.

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ETS would be more cost-effective than higher renewables target, analyst says 27.7.2015 Guardian: Environment

An emissions trading scheme would be cheaper and more effective than Labor’s 50% renewables goal or the government’s Direct Action policy, Paul Hyslop says

The author of the $60bn price tag for Bill Shorten’s new renewable energy goal – cited by Tony Abbott as proof the scheme is unaffordable – says an emissions trading scheme like the one the Coalition abolished would be more cost-effective than either the coalition’s “Direct Action” plan or Labor’s new goal.

ACIL Allen Consulting chief executive, Paul Hyslop, told Guardian Australia his $60bn cost estimate of Labor’s goal to have 50% of Australia’s electricity generated by renewables by 2030 was based on a quick calculation of how much extra renewable capacity would be required, and the cost to deliver it though wind power.

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Malcolm Turnbull undermines Abbott's 'electricity tax scam' claim over ETS 27.7.2015 Guardian: Environment

As the PM ramps up attack on Labor’s promised emissions trading scheme, the communications minister admits all emission reduction policies come at a cost

Malcolm Turnbull has cut through the slogans and semantics dominating the climate policy debate – pointing out that all policies to push low-emission electricity generation come at a cost to households, including the ones the government supports, and that the cost of renewables is falling.

Tony Abbott on Monday unveiled a new three-word slogan to attack Labor’s promised emissions trading scheme – saying it was an “electricity tax scam”. The prime minister also labelled Labor’s promise to source 50% of electricity from renewables by 2030 “bizarre” and “unnecessary”, said it would cause “a massive overbuild in windfarms” and claimed it could cost “$60bn or more”.

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Hysterical Bill Shorten headlines miss the point: no credible climate policy exists 24.7.2015 Guardian: Environment
It’s been hard to miss the hyperventilating news coverage about Labor’s new emissions ‘aspiration’, but neither major party has a plan for climate change It was hard to miss the screaming headlines as I arrived home from an overseas holiday Thursday. Bill Shorten had apparently committed a gory and unfathomable act of political harakiri with a “loony … lurch to the left” climate policy that had guaranteed Tony Abbott victory at the next election. The Labor leader was a “ zombie ” with a “death wish” (I thought zombies were already dead, but anyway...) and was advocating a “massive” carbon tax, or perhaps two or three massive carbon taxes all at the same time, in a bloody-minded multitaxing attempt to bankrupt hard-working Aussie families in the interests of appeasing inner-city families ( who apparently also eat a lot of goats cheese ...
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Shorten calls for an ETS and half of Labor MPs to be women by 2025 – video 24.7.2015 Guardian: Environment
Australian opposition leader Bill Shorten says he wants to deliver an emissions trading scheme and ensure that half of Labor MPs will be women by 2025, during his opening address to Labor's 47th national conference in Melbourne. Shorten also pledges to seek support for same-sex marriage and an Australian republic Continue reading...
Bill Shorten recommits to ETS, opposing 'Abbott’s society of flat-earthers' 23.7.2015 The Guardian -- World Latest

Notes for Labor leader’s opening address to party conference include a vow not to succumb to ‘ridiculous scare campaigns’ and declare that an ETS is not a tax

Bill Shorten was due to recommit to an emissions trading scheme in his first speech to Labor’s national conference as party leader, vowing not to succumb to “ridiculous scare campaigns” by Tony Abbott’s “society of flat earthers”.

The Labor leader intended to stare down the prime minister’s warnings about a return to the Gillard government’s carbon tax by declaring emphatically that “an ETS is not a tax” and Australia must not be a laggard on climate policy.

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