CANBERRA, Australia (AP) — Australia's government announced Tuesday that it will increase an unpopular tax on gasoline, gambling that a reluctant Senate will eventually approve the price hike.
Some analysts predict that an ever-increasing gasoline tax will prove less popular in car-loving Australia than the much-maligned carbon tax that Prime Minister Tony Abbott's government repealed in July.
Speaking at a new mine opening, Australian Prime Minister Tony Abbott praised coal as "good for humanity" and touted increasing trade with Japan in a potential rebuke of new Chinese tariffs on coal imports, The Sydney Morning Herald reports.
Carbon emissions from Australia’s biggest electricity grid saw the biggest two-month increase in a decade following Prime Minister Tony Abbott’s move to ditch the country’s carbon tax, The Sydney Morning Herald reports.
NEW DELHI (AP) — Australia's Prime Minister Tony Abbott met with his Indian counterpart Friday on a two-day state visit during which they are expected to sign a deal to allow the export of Australian uranium to India for use in power generation.
The agreement is expected to be signed Friday evening. Australia, which has almost a third of the world's known uranium reserves, imposes strict conditions on uranium exports and India's failure to sign the Nuclear Non-proliferation Treaty had long been a barrier to a trade deal.
Apache Corp. says its Phoenix South-1 well in the Canning Basin off Western Australia may have tapped into as much as 300 million barrels of crude, which would represent the largest oil discovery for the country in decades, The Wall Street Journal reports.
International efforts to control emissions ahead of the next round of climate talks have been hit hard by Australia repealing its pioneering carbon tax, which has left Europe isolated in its efforts, The Wall Street Journal reports.
Senate Majority Leader Harry Reid on Monday said he wants to bring up climate legislation after the mid-term elections this fall, though he made no firm pledge.
"I sure hope so," Reid, D-Nev. said when asked by a reporter during a conference call if a bill to put a price on carbon or otherwise address climate change was possible between the November elections and the end of the current Congress in early January.
Dominion Resources has filed papers with the Federal Energy Regulatory Commission, asking for a start to the review process for the proposed 550-mile natural gas Atlantic Coast Pipeline, The Associated Press reports.
Federal agencies have reduced their greenhouse gas emissions 17 percent compared to levels in 2008, according to the White House Council on Environmental Quality, but they also remain vulnerable to the effects of climate change in different ways, National Journal reports.
As part of their fight to become the top-ranking Democrat on the House Energy and Commerce Committee, Rep. Frank Pallone of New Jersey and Rep Anna Eshoo of California have raised and distributed more than $1.2 million to their colleagues during this election cycle, National Journal reports.
Scientists at the National Institute of Standards and Technology and the National Oceanic and Atmospheric Administration are working on a technique using lasers that would more accurately measure greenhouse gas concentrations, E&E reports.
News of production increases in the U.S. and among OPEC members weighed on oil prices Friday. West Texas Intermediate crude for December delivery finished the Nymex session down 58 cents to $80.54 a barrel, a drop of 12 percent over the whole of October, while in London Brent lost 38 cents to settle at $85.86, Bloomberg reports.
Increased demand is leading SolarWorld Americas to spend $10 million expanding its solar modules plant, and the company announced it will be hiring 200 additional workers as well, The New York Times reports.
To encourage the development of advanced nuclear reactors – anticipated to be more efficient – the Department of Energy is spending $13 million to help major companies including AREVA, GE Hitachi and Westinghouse in their research of the technology, The Hill reports.