Coal fired power stations appear to be making huge profits from Australia’s new carbon tax, while passing costs to consumers
Plans for CO2 emissions to be added to existing environmental tax structure announced
Ryan Godfrey from the Global Governance Institute argues a price for carbon would encourage innovation, raise employment levels while addressing the causes of climate change
There are signs at home and abroad that the country is set to make a binding international commitment on emissions reductions.
Expanding emissions market sends positive signals for future international carbon cuts but analysts warn it is no quick fix for troubled system.
Mario Molina calls for price on global greenhouse gas emissions and warns of possibility of climate ‘catastrophe’
With the price of carbon consistently recording new lows has the experiment failed and what other financial tools could serve the planet better?
After three days of talks on climate change cash in Bonn, the challenges have become clearer while questions have been raised over solutions like ending fossil fuel subsidies and the Robin Hood tax.
Discussions in Bonn turned to identifying specific sources of funding and how they might be able to turned into action on the ground, but old disputes meant there was no clear winner.
The latest international climate change news, debate and video from RTCC.
New model shows switch from coal to renewables is cheapest way for Western US to cut emissions.
Re-investing carbon tax income back into energy efficiency schemes and renewables can maximise the economic and environmental benefits, says low-carbon project developer Camco.
Coal and iron ore profits affected by the 30% levy, which could raise A$10.6 billion in first three years.