Australian models show it’s possible to reduce greenhouse gas emissions while still maintaining economic growth, according to an analysis recently published in the journal Nature, Ars Technica reports.
An agreement reached between the U.S. and Japan that would discourage financing for coal-fired power plants in developing countries has run into opposition from Australia and Korea ahead of a meeting of the Organisation for Economic Cooperation and Development next week, E&E reports.
BERLIN (AP) — Commodities group Glencore is putting two copper mines, in Australia and Chile, on sale.
The company said Monday it is initiating the sale process for the Cobar mine in Australia and the Lomas Bayas mine in Chile in response to "a number of unsolicited expressions of interest for these mines from various potential buyers."
CANBERRA, Australia (AP) — The honeymoon did not last long for Malcolm Turnbull. Just days after he took over as prime minister of Australia the attacks have started, with opponents accusing him of selling his ideological soul on issues from climate change to gay marriage in order to snatch the nation's top job.
So far, opinion polls suggest the new leader is popular but there are questions about how his public image might evolve in office. There are also doubts that this self-made multimillionaire — who was once dumped as party leader — will become a unifying figure who can lead his Liberal Party to victory in next year's elections.
CANBERRA, Australia (AP) — Australia's new Prime Minister Malcolm Turnbull, was sworn into power on Tuesday and took charge of a bitterly divided government. He will carry the weight of expectations that he can lift public opinion, reform a flagging economy and steer the nation on a more moderate course on issues from climate change to gay marriage.
But charting a more centrist course is proving difficult to balance with holding together his riven administration and its wary right wing.
CANBERRA, Australia (AP) — Australia's ruling conservatives ousted beleaguered Prime Minister Tony Abbott as party leader Monday evening in a change that could signal a different Australian response to climate change and allow for a more moderate agenda that could include recognition of gay marriage.
Liberal Party members voted 54 to 44 to replace Abbott with former party leader and Communications Minister Malcolm Turnbull, who had called for the leadership ballot just hours earlier amid flagging opinion polls for the 2-year-old conservative coalition government.
The Australian Competition & Consumer Commission will delay until Sept. 17 its decision to approve or reject Shell's proposed takeover of U.K.-based BG Group; the deal was approved by the European Commission on Wednesday, The Wall Street Journal reports.
CANBERRA, Australia (AP) — Australia has been criticized over its new greenhouse-gas reduction target which lags behind the ambitions of most wealthy countries.
Lawmakers in Prime Minister Tony Abbott's conservative government on Tuesday agreed on a target of curbing carbon gas emissions to at least 26 percent below 2005 levels by 2030. The target could go as high as 28 percent, Abbott said.
A directive from ministers in Australia to steer the government’s Clean Energy Finance Corporation away from investments in wind farms and small-scale solar projects has moved the Australian Solar Council to launch a campaign to unseat Prime Minister Tony Abbott, The Guardian reports.
The stocks of U.S. petroleum products increased last week, the Energy Information Administration reported, although the million barrel rise in crude stocks was less than analysts’ expected, while the jump in gasoline stocks exceeded predictions, according to Reuters.
Earthjustice filed court papers Tuesday on behalf of several environmental and health groups seeking to intervene to defend the Environmental Protection Agency’s lower ozone limits from a lawsuit brought by coal company Murray Energy, The Hill reports.
State Department climate envoy Todd Stern told a news conference that he’s thinking about the upside, not the downside, heading into a critical global conference on climate change policy that starts Monday, National Journal reports.
The plan for coal producer Walter Energy to emerge from bankruptcy is being fought by unions and the firm’s retired workers in Alabama, but a court Tuesday approved the company’s move to auction off assets, Reuters reports.
Acting to lower its credit rating for Pemex, Moody’s Investors Service pointed to the firm’s increasing debt and declining earnings, although Mexico’s national oil company responded by saying the move brings the agency in line with other ratings firms, The Wall Street Journal reports.
The White House and the billionaire conservative Koch brothers have been allies recently in moves to liberalize the nation’s criminal justice laws, but they are disagreeing over one measure that would require proof of suspects knowingly engaging in unlawful conduct, The New York Times reports, noting that such a move is alarming environmentalists.
According to a report released this week by the U.N. Office for Disaster Risk Reduction, weather-related disasters have caused more than 600,000 deaths and trillions of dollars in damages over the past 20 years, The New York Times reports.
A market-based approach for cutting vehicles’ greenhouse gas emissions—which could include mileage-based driver fees or emissions trading—is the goal as Connecticut, Delaware, New York, Rhode Island, Vermont, and the District of Columbia announced an agreement to work together on the issue, Reuters reports.