European energy commissioner backs nuclear

European Energy Commissioner Andris Piebalgs has reiterated his view on the important role nuclear energy can play in the reduction of carbon dioxide emissions. In a speech at a European Nuclear Assembly conference in Brussels, Piebalgs says nuclear energy makes an important contribution “to our fight against climate change and our security of energy supply, […]

Bush lines up new climate goal ahead of G8 summit

United States President George W Bush has announced a new national goal his Administration says will stop the growth in US greenhouse gas emissions by 2025. In a speech at the White House, Bush called for the US to “more rapidly slow the growth of power sector greenhouse gas emissions so that they peak within […]

WA, Carnegie wave energy feasibility study approved

The City of Albany in southern Western Australia has approved an exclusive option for diversified clean technology developer Carnegie to carry out a feasibility study into the area’s potential as a CETO Wave Energy Project site, subject to community consultation, the company says. When the feasibility study is finalised, Carnegie will be allowed to enter […]

AEMO Selection Panel recruiting board members

The Ministerial Council on Energy has started the process to recruit the Australian Energy Market Operator board of directors. The AEMO Selection Panel is advertising to recruit the chair, eight non-executive directors and the chief executive officer of AEMO, as part of the Council of Australian Governments initiative to strengthen the governance arrangements in the […]

Climate change predicted to cause more extreme weather

A review of emergency planning and response to this month’s wind storms will further improve the ability of government, industry and the community to deal with such incidents, according to the Victorian Government. More than 420,000 residents across Victoria were left without power at the height of the storms on 2 April 2008, according to […]

Australian Coal Association proposes environment alliance

An alliance between industry, union and environment organisations has called on the Federal Government to establish a National Carbon Capture and Storage Taskforce to combat climate change. The new taskforce, proposed by the Australian Coal Association, the CFMEU, The Climate Institute and WWF, would be charged with developing and implementing a nationally coordinated plan to […]

Energy efficiency project to reduce CO2 by 34,000 tonnes/year

An energy efficiency project in Andhra Pradesh, India is the 1000th project to be registered by the CDM. The project is expected to reduce CO2 emissions by more than 34,000 tonnes annually. “The CDM has passed another milestone, time to reflect on our success and redouble our efforts to improve and expand the mechanism,” said […]

Cost of European Carbon

The price of European carbon closed on Tuesday at €25.05, up only €0.05 from Monday’s closing price of €25.00 for the benchmark December 2008 contract. Traders said that with carbon prices at their highest for almost 11 months many market participants opted to take some profits on long positions. The December 2008 contract opened strongly […]

The world’s largest steel company seeks to annul parts of ETS

The world’s largest steel company ArcelorMittal has sought to annul key parts of EU ETS (emission trading scheme) at a Court of First Instance hearing in Luxembourg. However, CFI judges obtained the parties’ agreement to suspend the case following the hearing, pending the outcome of a European Court of Justice case which will rule on […]