Environmental News

Green activists target Brisbane coal conference

Admin Keep Queensland Beautiful - Tuesday, November 13, 2012

About 50 protesters have gathered outside an inner Brisbane hotel to highlight their concerns about the coal industry.

Brisbane is hosting a Galilee Basin coal conference to discuss new mining ventures in the central Queensland inland.

Environmental group Greenpeace says the plan to open up the area will add to greenhouse gas emissions.

Greenpeace says new coal export terminals to service the mines will also threaten the Great Barrier Reef World Heritage Area.

Read more: http://www.abc.net.au/news/2012-11-12/green-activists-target-brisbane-coal-conference/4366498?section=qld

Factbox: Carbon trading around the world

Admin Keep Queensland Beautiful - Tuesday, October 02, 2012

Carbon trading schemes are emerging all over the world as governments try to meet greenhouse gas emissions reduction targets in the fight against climate change.

Under cap-and-trade schemes, companies or countries face a carbon limit. If they exceed the limit they can buy allowances from others. They can also buy carbon offsets from outside projects which avoid emissions, often from developing countries.

Australia domestic emissions reduction scheme. Launched: July 2012. Target: Part of plans to cut emissions by 5 per cent by 2020. 300 of the biggest polluters, from coal plants to smelters, initially pay $23 per tonne of CO2 emitted. They are banned from using UN carbon offsets until the system is replaced by a nationwide carbon trading scheme in July 2015 but can use a limited number of domestic credits. The EU has agreed to link its ETS with Australia's scheme by 2018.

Read more: http://www.climatespectator.com.au/commentary/factbox-carbon-trading-around-world