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 […]

Russia 4th to connect to the UN carbon credit registry

Russia has become the fourth country to successfully connect to the UN carbon credit registry, effectively taking another step to trading carbon credits under the Kyoto Protocol. Russia, alongside Japan, New Zealand and Switzerland, has connected its domestic carbon credit registry to the UN international transaction (ITL) log, according to a UN website. Based on […]

Ferguson says coal relied on for forseeable future

“Despite the growth in renewables and nuclear power in the region, the reality is we will be reliant on coal, gas and other fossil fuels for the foreseeable future,” Federal Energy Minister Martin Ferguson highlighted in his speech to a meeting of the Asia-Pacific Partnership Joint Task Force in Melbourne. In his keynote address to […]

Wild weather cause power outages

Storms causing power outages in Victoria, South Australia and Tasmania were caused by Cyclone Pancho, which rounded the south-western corner of Australia. It then blew out to sea before intensifying and causing mayhem across south-eastern Australia on Wednesday 2 April 2008. The Bureau of Meteorology’s severe weather expert Kevin Parkyn says the magnitude of the […]

Victoria launches new funding for renewable energy

The Victorian Government has announced a $72 million fund for large-scale sustainable energy projects at the opening of the Victorian Climate Change Summit. Premier John Brumby says the fund will go towards large-scale renewable energy projects across the state, such as solar energy, wave power, geothermal and biomass conversion. “Climate change is creating a climate […]

Wind industry disagreement at EU conference

Representatives from European Union governments, the electric utility industry, NGOs and the European Parliament have debated a proposal to provide priority access for renewable energy during a panel discussion at the European Wind Energy Conference in Brussels. Eurelectric secretary general Hans ten Berge says the EU should make clear who will receive priority access and […]

Offset ETS revenue with tax cuts, says Turnbull

“We should take the opportunity with the revenues from the emissions trading scheme to address both inefficient taxes as well as inefficiencies and inequities in our income tax system,” says Federal Shadow Treasurer Malcolm Turnbull. Turnbull says Australia’s ETS will result in the transfer of many billions of dollars from business and households to Government. […]

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 […]

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 […]

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 […]