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Australia Picks Panel to Help Set Emission Baselines, Penalties
2013-12-21 23:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Australia, the worlds second-biggest coal exporter, has picked more than a dozen industry representatives and academics to help set baselines, credits and possible penalties designed to reduce emissions. The Emissions Reduction Fund is the center piece of the new governments Direct Action plan to cut pollution to 5 percent below 2000 levels by 2020, Environment Minister Greg Hunt said today in Melbourne as he released a report known as a green paper. The fund will start July 1, 2014, Hunt...
Tags: set
australia
panel
picks
Australia gives environmental nod to $5.7B coal project
2013-12-21 21:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Waratah Coal on Saturday, December 21, welcomed the Australian government's approval of its Aus$6.4 billion (US$5.7 billion) Galilee coal project, as conservationists warned the decision threatened the environment. The proposed coal mine, rail and infrastructure development in Queensland received approval for its environmental impact statement on Friday, December 20. "The project has been approved subject to 49 strict conditions to avoid, mitigate and manage impacts to matters of national environmental...
Tags: project
australia
environmental
coal
Australia: Records melt in our hottest year
2013-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning News: 2013 will go down as the year that registered Australia's hottest day, month, season, 12-month period - and, by December 31, the hottest calendar year. Weather geeks have watched records tumble. These tallies include obscure ones, such as the latest autumn day above 45C (Western Australia's Onslow Airport at 45.6C on March 21), the hottest winter's day nationally (29.92C , August 31), and even Wednesday this week, with the hottest-ever 9am reading (44.6C, at Eyre weather station near the WA-South...
Tags: year
records
australia
hottest
Australia: Coalition coal push adds hurdles for its climate plan, green paper reveals
2013-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: The Abbott government's climate change policy to replace the carbon tax highlights the scale of the task to cut greenhouse gas emissions in an expanding economy, with limited funds and many details yet to be settled. The green paper on the Emissions Reduction Fund, which will bankroll the government's plan to pay polluters to cut greenhouse gas emissions, said funding would be capped at $1.55 billion over the forward estimates. ''We are about simplifying things after this incredibly complex...
Tags: plan
paper
australia
green
AUSTRALIA: Billabong draws from revolving credit facility
2013-12-19 14:16:00| Daily apparel & textile news and comment - from just-style.com
Australian surfwear brand Billabong has made the first drawdowns from the revolving credit facility agreed with GE Capital for up to US$100m.
Tags: credit
australia
facility
draws
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