Angola LNG

Government Announces Budget Cuts After Dropping Carbon Tax

Australia’s Prime Minister has announced a plan to replace a carbon tax with an emissions-trading scheme in 2014, a year earlier than the initial 2015 timetable. “The move to bring forward the market-based system a full year earlier is expected to quickly produce a sharp drop in the cost of carbon, from a predicted $23.30… Keep reading →

CHINA-ENVIRONMENT-THEME-POLLUTION

China has enacted new measures to improve air quality, including a mandate that heavy polluters, such as coal-fired power plants, reduce emissions by 30% per unit of economic output by the end of 2017, and publicly release environmental information. Certainly seems like a step in the right direction for a country whose capital city’s pollution… Keep reading →