| Carbon Week |
| Carbon Week |
Australia's Low Pollution Future White Paper told how Australia would refuse tree and soil trades due to 'significant risk of loss of soil carbon in times of drought', as 'scientific research conducted in Australia suggests that, while there are opportunities for increasing and retaining agricultural soil carbon, Australia does not have the same sequestration potential as other countries, and there is significant risk of loss of soil carbon in times of drought or changed management practices. In short, drought and land clearing had such a big impact on carbon loss that Australia’s carbon budget was bust at the start, it appeared; if it accounted for such losses.
(Full Article)Import of CDMs to Australia would relieve shortage of carbon permits if manipulative speculators entered the market, argued Energy Australia. But the Australia's Low Pollution Future White Paper was not keen to admit that speculation might take place, and said the key was a large volume of trade; CDM and JI imports would increas volume.
(Full Article)Australia's target was to limit its greenhouse gas emissions to 108 per cent of 1990 emissions in the first commitment period.
(Full Article)Local governments’ bid for for carbo compo was refused by Federal planners. The South East Queensland Council of Mayors, the Western Sydney Regional Organisation of Councils, the Local Government Association of Tasmania, the Shoalhaven City Council and the Australia Institute argued that local government should be treated as a strongly affected industry, or otherwise provided with compensation to adapt to the scheme.
(Full Article)Australia's Low Pollution Future White Paper told Skywest Airlines, the Regional Aviation Association, Virgin Blue and Qantas, they had to pay the carbon Virgin Blue estimated emissions intensity of aviation to be around 800 tonnes of CO2-e per million dollars of revenue (Submission 461, p. 2). At a carbon price of $25 per tonne of CO2-e, this represented approximately a 2 per cent increase in the cost of air travel, which is broadly similar to the general level of inflation in the consumer price index in any given year.
(Full Article)It costs A$18,425 to go almost-offgrid; then, with a $8000 Federal government rebate, the householder must find the A$10425.for a 1.5kW residential solar power installation.
(Full Article)To ensure that assistance does not lead to windfall gains, a review will be held in 2013 for generators who got free money in the form of ESAS (Electricity Sector Adjustment Scheme).
(Full Article)The Chief Economist, IEA, argued ‘Current energy trends were patently unsustainable'.
(Full Article)Developed Nations' energy lobby - the international Energy Agency (IEA) said developing nation must join in the carbon cut.
(Full Article)Government proposed to pay the increase in costs associated with the use of electricity - as generators passed the carbon price through - as ‘electricity prices are expected to rise appreciably with the imposition of a carbon price’. Australia's Low Pollution Future White Paper explained how the big end of town would get massive compensation for carbon costs;
(Full Article)Prices would increase across all states, with higher increases in those states with more coal-fired generation. ROAM Consulting results point to the most significant increases occurring in Queensland.
(Full Article)The National GreenPower Accreditation Program was wholly dependent on GreenPower Customers choosing to pay more, for a GreenPower Product. That green-gifting, had expanded. The National GreenPower Accreditation Program Annual Compliance Audit 1 January 2007 to 31 December 2007, published 12 December 2008, reported in the 2007 settlement period, 34 GreenPower accredited products were offered by GreenPower product providers to residential and commercial customers nationally.
(Full Article)