Carbon Offsets Daily

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Carbon Fibre Electric Bike Drives Batman Environmentally Conscious

| Sourced From Gizmodo.com.au |

Really Batman, jet-fueled cars in 2009? Thats not eco-friendly. But dont worry, theres an alternative to your old, wasteful ways. Because not only does the Sanyo Eneloop carbon fibre electric bike come in blackit only comes in black.

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Carbon footprint labelling headed to Australia

| Sourced From Gmagazine.com.au |

Newly launched in Australia, the Carbon Reduction Label scheme will provide shoppers with a new tool to help make environment-conscious choices from 2010.

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SCENARIOS-Possible outcomes for Australian carbon trade laws

CANBERRA, July 2 (Reuters) – The passage of landmark climate legislation through the U.S. House of Representatives, and a series of bad polls for Australia’s opposition, have raised hopes Australia might pass its carbon trade plans through parliament.

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Australia government to seek vote-trigger on carbon laws

CANBERRA (Reuters) – Australia’s government, facing Senate defeat of key emission trading laws, vowed on Friday to bring its climate-fighting regime to the upper house a second time, opening the door for a possible snap election.

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Uranium: A Carbon-friendly Substitute for Coal

| Sourced From DailyReckoning.com.au |

Meanwhile, here in Australia, while the federal budget deficit looms as a growing threat the structural health of the economy, there are actual positive economic stories going on, mostly in the energy and resource markets.

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Carbon trade lends charity greater vision

| Sourced From TheAustralian.News.com.au |

World Vision, Australia’s largest aid agency, hopes to secure millions of dollars in donations from the international carbon trade market, estimated to be worth $US120 billion ($158.5 billion). It estimates it could raise $8million by delivering environmental development projects in Africa and Asia.

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Australia Will Lose Out With Fixed Carbon Price, Bankers Says

Oct. 31 (Bloomberg) — Australia will lose investment and trading opportunities should it decide to introduce a fixed price for carbon or limit prices on emissions allowances, Credit Suisse Group’s head of carbon trading said.
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Farmers in the dark on carbon plan impacts

Australian farmers are still no closer to understanding the full impacts of the Government’s proposed Carbon Pollution Reduction Scheme on the agriculture sector following the release of the Treasury modelling, according to the National Farmers’ Federation.
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Families to be slugged A$360 a year for carbon emissions

FAMILIES will be slugged $360 extra a year in bills and food prices are expected to jump once the Federal Government introduces an emissions trading scheme.
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Carbon trading sector ‘could lead economic recovery’

The convenor of a national carbon trading conference says delegates are concerned about the impact the global economic downturn could have on the growing sector.
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Australia carbon plan no company killer: Government

CANBERRA (Reuters) – Australia’s plan to slash greenhouse gas emissions through carbon trade will not be the “company killer” feared by business and no major polluters will be forced to move offshore, the government said on Wednesday.

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Alcoa Recognized for Innovation in Carbon Capture

NEW YORK, Oct 28, 2008 (BUSINESS WIRE) — Alcoa announced today that its Kwinana alumina refinery in Australia was recognized for excellence in the Australian mining industry when it was named ‘Minerals Processing Plant of the Year’ at the annual Australian Mining Prospect Awards sponsored by Australian Mining, Australia’s premier mining news website.
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Australias first carbon neutral golf championship

Continuing its tradition of leading by example, the PGA of Australia today announced that the 2008 Cadbury Schweppes Australian PGA Championship will be a CARBON NEUTRAL event.
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Carbon crisis to cost 29,000 jobs

UP to 29,000 jobs would be lost in Victoria by 2020, under carbon emissions cuts backed by federal climate change adviser Ross Garnaut.
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Coal Power Wants A$1 Billion in Carbon Permits

Oct. 28 (Bloomberg) — Coal-fired power generators want Australia to give them a third of the carbon permits they would need over the first two decades of an emission trading plan as part of an adjustment package worth more than A$1 billion ($600 million), the Australian Financial Review said.
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Australia’s land carbon measuring system goes global

The Australian Governments carbon measuring system has picked up the CSIRO Partnership Excellence Award.
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Carbon tax is just tilting at windmills

THE one certainty of climate change (anthropogenic or not) is that it is unstoppable. Government advertisements suggest worst-case scenarios but they do not concede that these are no less likely should Australia cut its carbon dioxide output. Whether or not you believe in man-made climate change, it’s out of our control.
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Truss slams carbon trade

A DOMESTIC emissions trading scheme without international participation will cost thousands of Australian jobs, slow the economy, and “will not help cool the planet either or save the polar bears”, National Party Leader Warren Truss has claimed.
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Rudd unveils small business package

The Federal Government says the tax office will work with small business to minimise the impact of the global economic crisis.
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Caltex says Australia carbon plan may threaten refineries

PERTH (Reuters) – Australia’s proposed carbon emissions trading scheme may threaten the viability of the country’s oil refining industry, Caltex Australia Ltd, the country’s biggest oil refiner, said on Thursday.

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Australia cannot be an island in carbon market

SYDNEY (Reuters) – Australia cannot fence itself off from the world carbon-trading market, a leading industry expert said, despite signs it may attempt to do just that in order to keep costs down for local greenhouse-gas polluters.

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  • Author:
  • Published: Oct 20th, 2008
  • Category: Australasia, Carbon Market News
  • Comments: Comments Off on Include farming in carbon trading scheme: Greening Australia

Include farming in carbon trading scheme: Greening Australia

Greening Australia says agriculture should be included in the Federal Government’s carbon trading scheme as soon as possible.

The scheme is due to be introduced in 2010, but a decision about agriculture’s participation is yet to be made.

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Carbon trading ‘no good for gas’: Chevron

AUSTRALIA’S proposed emission trading scheme could jeopardize the viability of two of the North-West Shelf’s biggest gas projects, oil giant Chevron says.

Chevron Australia managing director Roy Krzywosinski said today that under one of the scenarios proposed by government climate change adviser Ross Garnaut, the operating costs of the Gorgon and Wheatstone projects could increase by up to $400 million a year.

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Australia won’t copy Britain’s carbon targets

CANBERRA (Reuters) – The Australian government on Monday ruled out following Britain with a tougher target for carbon emissions by 2050, saying business needed certainty over targets in the run-up to carbon trading.

Climate Change Minister Penny Wong said Australia had set an ambitious target to cut in greenhouse gas emissions by 60 percent by 2050, and the target would not change.

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Foreign companies to cash in on carbon compo: Australian Conservation Foundation

An analysis of the Federal Government’s carbon reduction scheme has found that billions of dollars will be pocketed by foreign-owned companies.

The Australian Conservation Foundation (ACF) says company returns have shown that almost $3 billion compensation would go to large carbon emitters in the first year of the scheme.

The ACF’s Tony Mohr says taxpayer funds will go to many of Australia’s richest companies.

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