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Billion-dollar power company sues Montgomery over carbon tax

Jun 7 2010 8:18AM, Source: Washington Examiner

A USD 2bn power company is suing Montgomery County over a newly enacted carbon dioxide tax that would cost the company roughly USD 15m each year.

Carbon sink plans sunk by stalling of emission plan

Jun 7 2010 8:17AM, Source: The Age

Tree-planting schemes and other carbon-offset projects could be abandoned by organisations at the end of the month, another casualty of the federal government's delayed emissions trading scheme.

EU carbon flattens after U.S. jobs data

Jun 7 2010 7:10AM, Source: Reuters

European carbon emissions futures flattened on Friday, after somewhat disappointing U.S. nonfarm payroll data was released, traders said.

Penny Wong under fire over ETS cabinet claims

Jun 7 2010 6:48AM, Source: The Australian

Climate Change Minister Penny Wong has been accused of deliberately misleading the Senate over the dumping of the government's centrepiece emissions trading scheme after she said cabinet had decided on shelving the plan.

Norwegian premier to co-chair UN-backed advisory group on climate change financing

Jun 7 2010 6:47AM, Source: UN News Centre

Secretary-General Ban Ki-moon has announced that the Prime Minister of Norway, Jens Stoltenberg, has accepted his invitation to become the co-chair of the United Nations-appointed high-level advisory group on climate change financing with immediate

Climate change still Pacific threat, says negotiator

Jun 7 2010 6:46AM, Source: Radio Australia News

A negotiator at the latest climate change talks in Germany has criticised a report claiming some low-lying Pacific Island countries are "growing, not

Climate change talks enter second week in Bonn

Jun 7 2010 6:36AM, Source: ABC News

Talks at the United Nations Forum on Climate Change, in Bonn, Germany will enter a second week later today. So far most of the negotiations on a text to replace the Kyoto Protocol have taken place behind closed doors.

Gulf Oil Spill Response Should Include Carbon Price, Kerry Says

Jun 7 2010 6:05AM, Source: Business Week

The U.S. should respond to the Gulf of Mexico oil spill by approving legislation that makes companies pay for the carbon dioxide produced by burning oil, coal and natural gas, Senator John Kerry said.

Australia announces new aid package to Maldives

Jun 4 2010 9:37AM, Source: Haveeru

The Australian government has announced a new package of aid and assistance for Maldives Thursday, including money for coastal protection, renewable energy and scholarships in Australian universities.

Greenpeace urges Indonesia to broaden forest moratorium

Jun 4 2010 8:03AM, Source: AFP

Greenpeace on Thursday said a promised moratorium on deforestation would have little impact on Indonesia's huge carbon footprint unless it is extended to existing concessions.