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Tag: carbon
Albertas carbon tax would more than triple under governments proposal
2013-04-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Edmonton Journal: The Alberta government is awaiting industry feedback on a controversial proposal to increase the provincial carbon tax to $40 from $15, Energy Minister Ken Hughes said Monday. The idea has reignited debate about Albertas carbon levy, with critics calling the proposed increase a shocking, disruptive and unilateral move while supporters say it could mark a substantial strengthening of environmental protection efforts. People are analyzing it and looking at it in detail, and Im looking...
Tags: tax
proposal
carbon
triple
California governor green lights carbon market link with Quebec
2013-04-09 11:55:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Plans to allow businesses in California and Quebec to trade carbon allowances across the border have taken a step forward, after California governor Jerry Brown approved the proposed tie up. Brown yesterday sent a letter to the California's Air Resources Board (CARB) confirming it had met all the minimum requirements to share its emissions trading platform with the Canadian city. California and Quebec have spent more than five years developing compatible emissions trading schemes that will...
Tags: link
market
green
california
Carbon Tax Called a Threat to Oil Sands Projects
2013-04-09 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Calgary Herald: A proposal to increase Albertas carbon levy to $40 per tonne and target a 40 per cent cut in carbon emissions from big emitters could affect the viability of thermal oilsands projects, a Calgary investment bank warns. But FirstEnergy Capital added in a research report published Monday morning that the additional costs may be a justifiable trade-off if the plan convinces U.S. President Barack Obama to approve the Keystone XL pipeline. In the note, analyst Michael Dunn calculates the proposal...
Canada: Alberta, Industry Face Wide Gap on Carbon Tax
2013-04-09 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Alberta's energy industry is pushing for carbon taxes half as high as what government has proposed, with oil sands companies lobbying for less stringent goals that would leave the province short of meeting its emissions goals. The Canadian Association of Petroleum Producers has suggested the province target a 20-per-cent reduction in per-barrel emissions, and a $20-per-tonne tax on those unable to comply, according to a provincial document. That falls well short of an Alberta proposal for oil...
Tags: canada
industry
face
wide
Australia needs a carbon budget
2013-04-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Big Pond News: Australia needs a well-defined, long-term strategy if it is to meet emissions targets and contribute fairly to global efforts to tackle climate change, a new report says. A national 'carbon budget' would clearly set out the exact amount of greenhouse gas emissions Australia would need to cut by 2050 to avoid the worst impacts of a hotter climate. The Climate Institute says such a budget is needed because the impacts of climate change are not determined by a single year's worth of emissions,...
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