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Australia: Opposition reaffirms carbon tax double dissolution threat
2013-05-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Australian Broadcasting Corporation: ELIZABETH JACKSON: The Opposition Leader Tony Abbott has made it clear that the Coalition will scrap the carbon tax if it wins the election in September. But a Tony Abbott victory won't mean an end to the debate. With the changeover in the Senate not due until next year, Labor and the Greens would be able to block repeal legislation. And that would mean voters could face the prospect of having to return to the polls again next year, with the Coalition reaffirming its threat to call a double...
Tags: double
australia
tax
carbon
Tundra Carbon Impact?
2013-05-18 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Environmental News Network: There is a concern with the carbon stored in the form of frozen partially decomposed vegetation in the vast tundra of the north. When the permafrost melts, it may releases carbon in the form of carbon dioxide and methane, both of which are greenhouse gases. The amount of greenhouse gases which will be released from the Arctics stockpile of carbon may be more secure than scientists thought. In a 20-year experiment that warmed patches of chilly ground, tundra soil kept its stored carbon, researchers...
EU carbon permit surplus doubles in 2012
2013-05-18 11:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Times: The surplus of permits in the EUs carbon market more than doubled last year to 2bn, according to fresh data that Brussels hope will rally support for its controversial plan to boost carbon prices. The data released by the European Commission, the EUs executive arm reveal that free permits given over the past five years to makers of steel, glass, cement and other heavy industries exceeded their carbon emissions during that period by nearly 300m tonnes. Under the rules of the EUs flagship...
Tags: permit
carbon
surplus
doubles
Ukraine Carbon Offset Usage Soars as EU Ban Talk Boosts Demand
2013-05-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Factories, utilities and airlines snapped up a flood of carbon offsets from Ukraine and Russia to comply with European Union emission targets in 2012 amid speculation the credits would face usage restrictions. Ukraine supplied 169 million metric tons of United Nations Emission Reduction Units to EU emitters, a more than fivefold increase from 31.5 million tons in 2011, according to Bloomberg New Energy Finance, citing EU data published today. Thats the most of any country supplying credits, the...
Tags: talk
demand
usage
offset
Australia's 'unpopular' carbon price isn't to blame for Labor's poor polling
2013-05-17 06:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Since the disappointment of Copenhagen in 2009, Australia has witnessed a concerted scare campaign against action on global warming. The scare campaign has been led by senior commentators in (Murdoch owned) News Limited papers, by conservative radio shock-jocks on the airwaves, and in parliament by extremist opposition party leader Tony Abbott. From the moment Australia's carbon pricing legislation package, the Clean Energy Future Act, was announced Tony Abbott has barnstormed from one end of...
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