Carbon Market News: This Week
UK airlines escape immediate change to APD: UK needs meaningful carbon price: FTSE launches all-share carbon index: New Australian PM backs carbon price: Finlands forests carbon sink: Australia going green cost 1200 a head
Airlines Escape Immediate Change to Taxes on Passengers in U.K.
Osborne today reiterated his desire to move toward a levy on each plane that flies instead of on passengers. The Conservative-led government says that would encourage airlines to fill aircraft to capacity and cut greenhouse-gas emissions. Source: Business Week
U.K. Needs Meaningful Carbon Price, U.K.’s Huhne Says
The U.K. needs a “meaningful carbon price” to underpin investment in cleaner energy, the Cabinet minister in charge of energy said. Source: Business Week
FTSE Group launches all-share carbon index
Index provider the FTSE Group launched two products on Wednesday that weight London-listed companies according to carbon risk, aiming to draw pension funds concerned at exposure to proliferating climate policies. Source: Reuters
New Australian PM backs price on carbon
New Australian Prime Minister Julia Gillard said on Thursday she believed in climate change and would push for a national price on carbon but much more consultation with industry and voters was crucial. Source: Reuters
Finland’s forests work as massive carbon sink
The capacity of Finland’s forests to absorb carbon dioxide from the atmosphere has doubled in the past 20 years, Finnish media reported Wednesday. Source: Xinhua
Going green ‘would cost AUD 1,200 a year’
A new report says Australia could power itself entirely by renewable energy within a decade, halving the country’s greenhouse gas emissions. But there’s a price tag of AUD 1,200 for every adult and child for every year until 2020. Source: The Sydney Morning Herald
Valere Tjolle
Valere Tjolle is editor of the Sustainable Tourism Report Suite, special offer at: www.travelmole.com/stories/1142003.php
Valere
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