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Australian firms’ carbon cost to be lower than expected – study

Melbourne-based RepuTex today said it expects a carbon price of A$8-15 (US$8.20-15.40) in the run-up to 2020 – far below the government’s A$40 estimate, which RepuTex said “is unrealistic in the face...

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Russia And China Veto Syria Resolution

Russia and China have again vetoed a UN resolution threatening sanctions against President Bashar al Assad’s government if it did not stop using heavy weapons. The 11-2 vote, with two abstentions from...

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Inside Syria: Aerial Bombardment Of Aleppo

Fighter jets scream in an almost vertical dive unleashing bombs and machine gun rounds into the heart of Aleppo. The noise and the percussion waves from the explosions are sickening. Day and night....

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UN Raises Alarm Over Global Food Prices

World leaders must take swift and co-ordinated action to ensure that food price shocks do not turn into a catastrophe in the coming months, the United Nations has warned. Global alarm over the...

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The carbon farming initiative – brown gold or fools gold?

On the other hand, some commentators argue that we should move to a floating carbon price sooner rather than later. This could result in the price of offsets moving closer to what we see overseas. Even...

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Countries must move urgently to save "under threat" CDM offset scheme

The UN has admitted the low price of carbon credits is putting its scheme to help developing countries fund carbon reduction projects “under threat”, and has called on countries to substantially...

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Energy Bills: Cameron Promises New Laws

Energy firms will be forced to give customers the cheapest available tariff under new laws, David Cameron has announced. Amid mounting concern about the soaring cost of power, the Prime Minister vowed...

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Businesses need to value water – report

Businesses have been urged to step up efforts to understand the importance of water to their operations by a new report that argues that the true value of the commodity is not reflected in its price....

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EUAs hit record lows as backloading plan is delayed

The price of EU carbon permits hit record lows today after the European Commission admitted that plans to ‘backload’ 900 million tonnes of allowances will not be agreed by the end of 2012. This article...

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Cameron In Christmas Visit To Afghanistan

David Cameron said Britain has “paid a heavy price” for its involvement in the conflict in Afghanistan as he visited troops there in the run-up to Christmas. However, the Prime Minister said the...

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