The Age
Prime Minister Julia Gillard has announced that Australia will have a price on pollution from the 1st of July 2012. The yet-to-be-determined fixed price on greenhouse pollution will then give way to an emissions trading scheme within three to five years, according to an agreement reached by the Multi-Party Climate Change Committee.
posted by seamas on February 24, 2011 at 6:31 pm · filed under 
BBC News
Careful investment of $1.3 trillion (approximately 2% of global GDP) would kick-start a sustainable “low carbon, resource efficient green economy” according to a newly released UN report compiled by experts from around the world. Massive investment in greening agriculture, improving the energy efficiency of buildings, improving fisheries, forestry, water and waste management are all encouraged. The report predicts its proposed greener direction for global investment would deliver higher annual growth rates than the current economic course within 5-10 years.
posted by seamas on February 23, 2011 at 9:31 pm · filed under 
The Age
Pressure from the Sea Shepherd conservation group, combined with other factors, looks likely to have ended Japan’s whale hunt, at least in its current guise. After the Japanese whaling fleet was ordered home early on Friday, local media in Japan expressed doubt the unsustainable practice will be resumed. The Yomiuri Shimbun newspaper interviewed a high-ranking official in the Japanese Government, who reportedly said whaling would not resume without change next season.
posted by seamas on February 21, 2011 at 7:32 am · filed under 
New York Times
A court in Ecuador has found oil company Chevron responsible for damages of around US$8.6 billion for polluting parts of the country’s jungle as it extracted oil. Chevron is disputing the ruling, which seeks to impose one of the largest ever financial penalties for environmental contamination anywhere. Commentators say Chevron, which made US$19 billion in profits last year, is unlikely to pay the damages.
posted by seamas on February 18, 2011 at 7:42 am · filed under 
The Age
Federal Resources Minister Martin Ferguson has signalled that Labor might be changing its policy on supplying India with uranium. India is not a signatory to the nuclear non-proliferation treaty. The minister’s comments come after the publication of a cable leaked by WikiLeaks in which the minister told US officials that a nuclear fuel deal with India could be sealed in the next three to five years despite the ban.
posted by ruby on February 16, 2011 at 12:11 pm · filed under 
The Age
Successive federal governments have spent more than $5.5 billion on programs to battle climate change in the last decade, with little impact on the reduction of greenhouse gas emissions. The Age newspaper has reported that analysis of government schemes by direct spending or regulatory intervention has revealed a cost of an average of $168 per tonne of carbon dioxide abated.
posted by ruby on February 16, 2011 at 12:04 pm · filed under
The Australian
Negotiations are continuing on the form that the Labor government’s carbon tax will take, which is slated to begin from July 1 next year. The tax is expected to be between $20-$30 dollars a tonne. Even with the tax, members of government have privately admitted that Australia cannot meet its greenhouse gas emissions reduction target of 5 percent by 2020.
posted by ruby on February 16, 2011 at 11:58 am · filed under
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