Carbon offset provider Carbon Conscious to list on ASX

Carbon offset provider Carbon Conscious is seeking to raise $8 million through listing on the Australian Stock Exchange in order to boost its generation of offset credits for use in the upcoming emissions trading scheme. The company has entered into various strategic relationships with farmers and rural land holders in Western Australia, and aims to […]

Sydney-based international law firm launches a CDM Rulebook

Sydney-based international law firm Baker & McKenzie’s Global Climate Change practice has officially launched a CDM Rulebook website, a comprehensive online database for the rules surrounding the CDM under the Kyoto Protocol. Under the CDM, companies from developed countries can undertake projects in developing countries to reduce greenhouse gas emissions and receive carbon credits for […]

Negotiators work on Kyoto protocol alternative

Negotiators from more than 160 countries have started work in Bangkok on a more detailed timetable for agreeing a global climate change deal to succeed the Kyoto Protocol. The 1200 delegates are expected to draw up a schedule for when to discuss the four “building blocks” of the future climate change regime, which were identified […]

NSW wants feedback on emissions trading scheme

The New South Wales Government is seeking public feedback on issues regarding transition to a national ETS by 2010. Minister for Energy Ian Macdonald has released a consultation paper to help the government prepare an approach to transitioning its regional greenhouse gas reduction scheme (GGAS) to a federal-based national ETS. Operating since January 2003, the […]

Rudd says Australia can play a key role in global climate change

Australia can play a key diplomatic role in securing China’s participation in global climate change solutions, Prime Minister Kevin Rudd said in his speech to US think tank the Brookings Institute. Rudd announced that his government would seek to engage China and other Asian nations in talks around climate change mitigation, together with the US. […]

TransCanada mulls hydroelectric plant

AES and Riverstone Holdings have announced they will commit US$500 million each over the next five years to launch AES Solar with the aim of developing utility-scale photovoltaic projects around the world. The joint venture of global power developer AES and private equity firm Riverstone will take on projects ranging in size from two megawatts […]

China to spend on energy efficiency

China plans to spend Y41.8 billion (A$6.5 billion) on energy efficiency and greenhouse gas emission reduction schemes this year, an increase in funding of 78 per cent from 2007, the Ministry of Finance says. The Chinese Government has set national targets to reduce its emissions by 10 per cent between 2006 and 2010, and reduce […]

Higher temps equal higher bills reminds SA ombudsman

South Australians should be prepared to pay higher electricity bills as a consequence of the record heat wave recently sweeping the state, according to Energy Industry Ombudsman Sandy Canale. Canale says many householders would already have forgotten about their extended use of air conditioners and in some cases swimming pool pumps. “Some bills are going […]

EnergyAustralia boosts Central Coast power

EnergyAustralia says New South Wales Central Coast households are expected to save more than $1 million on their water and energy bills and will reduce carbon emissions by almost 11,000 tonnes after taking part in their energy efficiency campaign. Energy and water saving devices were installed free of charge during March 2008 in about 3000 […]

COAG discusses energy and climate change

Climate change represents one of the greatest economic and environmental challenges of our age, according to the Council of Australian Governments. “The projections for Australia of the impacts of climate change are serious: a drying climate in our traditional agricultural area; a greater frequency of floods; droughts and storms; and, the impacts of higher temperatures […]