Virgin Australia this week updated its financial guidance for the financial year ended June 30, 2013. The airline cited the carbon tax among other factors that have contributed to the company’s anticipated losses. The company confirmed that the pre-tax costs of the carbon tax for the 2013 financial year were estimated to be between AUD $45 million and AUD $50 million. (more…)
Today, back to back, I experienced two different sides to an important argument that I hope readers will find interesting. I had a meeting this morning with Richard Stuebi, a gentleman who’s been in and around the game of raising capital for cleantech start-ups long before I had the idea. He’s a believer in the importance of the development of technology from the standpoint of (more…)
Roughly 70 percent of Americans say global warming should be a priority for President Obama and Congress and 61 percent support requiring fossil fuel companies to pay a carbon tax that would be used to help reduce the national debt, according to a new survey by the Yale Project on Climate Change Communication. (more…)
Unsubsidized wind power is now cheaper than electricity produced from new coal- and natural gas-fired power stations in Australia, according to an analysis by Bloomberg New Energy Finance.
The study said that electricity can be supplied from a new wind farm at a cost of 80 Australian dollars per (more…)
Coal could rival oil as the world’s largest energy source within five years as consumption continues to climb in most regions of the world, a trend that could have profound effects on the climate, the International Energy Agency (IEA) says.
While coal consumption is expected to decline in the (more…)
On whether Obama’s re-election and the aftermath of Sandy represent a moment for climate change action
I think it definitely is a time when more and more people are focused on the extreme weather that has disrupted so many lives. People who have not really devoted a lot of time to thinking about the climate (more…)
Norway has announced plans to nearly double its carbon tax on the nation’s offshore petroleum sector to create a £1 billion fund to help combat the effects of climate change, including in developing nations. In a draft budget released this week, government officials proposed a climate program that would increase the tax on oil companies from about £24 per ton of (more…)
Climate Counts has a simple, yet powerful message: “Everyday consumers can be the most important activists in the fight against global warming.” And now, with their new open API, developers can get in on the action
In a recent op-ed in The Washington Post, James (more…)
“It’s not a matter of opinion, it’s a matter of fact that the globe is warming,” said the Republican elder statesman.
While his Republican colleagues continue to dither about climate change and search for the best ways to do nothing about it, elder statesman George Shultz is bucking the party establishment. (more…)