Carbon Offsets Daily

Daily carbon offset news, insight, community.

What are carbon credits?

In the voluntary carbon offset market, individuals and businesses purchase carbon credits on a voluntary basis in order to lower their carbon footprint, or the total amount of carbon emissions that result from their activities. Carbon offsets can 

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Garnaut to outline carbon tax revenue

Federal government climate adviser Ross Garnaut will release additional papers at the end of the month detailing how much money is expected to be raised by Labor’s carbon tax and how it should be spent.

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Directors cool on carbon price and broadband

TWO of the federal government’s biggest initiatives – the national broadband network and a carbon price – will not be positive for business or Australia, according to more than half of 500 company directors surveyed by the Australian Institute of Company Directors.

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Carbon tax to clean out workers wallets

Australias opposition Leader Tony Abbott said that labor’s carbon tax will not clean up the environment but it will clean out workers’ wallets.

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Wayne Swan rules out tying carbon tax to dollar, as the currency passes 110 US cents

TREASURER Wayne Swan has ruled out linking the proposed carbon tax to the level of the booming Australian dollar.

And he says high commodity prices and a fluctuating dollar have hit the resources sector much harder than a carbon tax is likely to.

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Carbon price less damaging than dollar rise

PETER CAVE: The Treasurer Wayne Swan says the budget he will deliver next week will provide half a million new jobs by the middle of 2013, cutting the unemployment rate to 4.5 per cent.

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Carbon tax effect on key industries negligible says Treasurer

WAYNE Swan says new Treasury data shows the impact of a carbon tax on emissions-intensive industries would be negligible compared with the pressure caused by the fluctuating Australian dollar.

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Federal government steps up carbon tax defence

Treasurer Wayne Swan has produced a new Treasury analysis as Opposition Leader Tony Abbott aligned himself with an Australian Workers Union campaign against pricing carbon.

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Don’t go alone on carbon tax: Rio Tinto

MINING giant Rio Tinto has added its weight to calls for Julia Gillard to reassure big polluting industries that her carbon tax plans will not damage Australia’s international competitiveness, warning it is unwise to act before China and the US.

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New Zealand spot carbon price sticks in range

WELLINGTON, April 29 (Reuters) – New Zealand carbon prices continued to trade in a narrow range over the previous week, with market cautious a month out from its first surrender deadline, but demand is seen slowly building.

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Treasurer says jobs come from carbon price

The federal government is under fire from industry and unions over its proposed carbon price to start in July 2012.

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Forest group urges carbon farming changes

The Australian Forest Products Association wants changes to the proposed Carbon Farming Initiative to increase the participation of commercial timber plantations.

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The Price of Carbon: Just $2.45 Per Week

A new report by the Climate Institute on the cost of a carbon price has revealed that the impact for an average family will be just $2.45, an increase of $127.40 a year based on a price of $25 per tonne.

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Push carbon tax to save city: Grierson

NEWCASTLES expansion depends on a price on carbon, Sharon Grierson, member for Newcastle, said yesterday.

She urged the federal government to forge ahead with the tax, and denounced idle threats and inciting fear on the issue.

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Super funds fail to act on carbon disclosure

Many superannuation funds may not be putting their money where their mouth is when it comes to environmental, social and governance (ESG) issues.

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Carbon tax a risk to LNG exports, warns Woodside Petroleum

WOODSIDE Petroleum chairman Michael Chaney has told shareholders that the Gillard government’s plan to introduce a carbon tax on liquefied natural gas could lead to international customers looking past Australia for cheaper gas supplies or turning to dirtier energy sources such as coal. .

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Coal industry demands carbon tax rethink

THE coal industry wants the Gillard government to go back to the drawing board on the proposed carbon tax.

It wants the Gillard government to go back to the drawing board and come up with a new plan to ensure mines aren’t closed as a result of the proposed carbon tax.

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Carbon policy faces growing opposition

Julia Gillard’s proposal to introduce a carbon tax in July 2012, in order to curb emmisions and fight global warming, is coming under growing pressure from retailers and labour unions who fear it will push up food prices and reduce the country’s export competiveness.

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Carbon tax: the reasonable solution

Growing unrest in the Middle East has resulted in a more than 60 cent jump in U.S. fuel prices in a two month time period. Rising fuel prices are threatening recovery from the recession just as job numbers and economic indicators are showing real signs of improvement. Why does the United States continue to tolerate economic reliance on foreign oil from volatile Middle Eastern countries? The answer is fear among legislators that any policy solution responsible for a short-term increase in energy prices will destroy a political career. This political cowardice is already resulting in drastic increases in energy prices by making the well-being of U.S. citizens and the health of the economy liable to foreign governments. Political inaction is resulting in the worst-case scenario. Costs are increasing for non-renewable energy sources while the US is falling behind the rest of the world in developing renewable technology.

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Combet says industry and consumers can be compensated for carbon tax

TONY EASTLEY: Business groups will have another opportunity to lobby the Federal Government over its carbon tax today when another round of consultations are held in Canberra.

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BHP Billiton’s $48b iron ore expansion defies carbon tax uncertainty

BHP Billiton plans to defy uncertainty over a carbon price and the imposition of a mining tax to pursue a $48 billion expansion of its iron ore operations – one of the biggest resources projects in the nation’s history.

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Groceries to rise 5 per cent under carbon tax, says lobby group

BREAD, tissues and sugar are among the common grocery items expected to face the biggest price pressures under a carbon tax, the grocery industry’s lobby group has warned.

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PM Gillard promises jobs boost under ETS

Prime Minister Julia Gillard has promised the carbon price will create more jobs, as industry leaders and unions stepped up concerns mining and manufacturing positions will be lost.

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Food companies tell PM carbon tax a risk

FOOD companies including Nestle and Goodman Fielder have warned the Federal Government a carbon tax will hurt everyone’s standard of living.

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Swan, Combet try to cool carbon debate

WAYNE Swan and Greg Combet worked today to take the carbon pricing debate off the boil, urging critics of the government’s plans to hold their fire until the final design is revealed.

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