LIMA, Peru (AP) — Australia has made a surprise pledge of 200 million Australian dollars ($165 million) to a key U.N. climate fund.
Expectations of an Australian contribution to the Green Climate Fund were low after Foreign Minister Julie Bishop told The Associated Press last week that Australia would continue to help developing countries cope with climate change through its own aid program.
CANBERRA, Australia (AP) — Australia will continue to directly pay for climate change adaptation in vulnerable South Pacific island nations through its aid budget rather than donate to a U.N. Green Climate Fund designed for the same purpose, the foreign minister said Friday ahead of climate talks in Peru.
Foreign Minister Julie Bishop said governments should judge for themselves whether bilateral action to reduce the impact of climate change on developing countries was a more efficient use of aid money than donating through the U.N.
CANBERRA, Australia (AP) — The French president told Australia's prime minister Wednesday that countries should make their own decisions on how to achieve any binding greenhouse gas reduction targets that emerge from a United Nations climate change conference in Paris next year.
The Australian government has been widely criticized by green groups for repealing in July a two-year-old carbon tax levied on Australia's worst industrial carbon gas polluters aimed at reducing to the nation's greenhouse emissions.
The El Nino watch is now an alert in Australia, where the Bureau of Meteorology is reporting a 70 percent chance of the Pacific weather pattern that can bring heavy rain to South America but drought in Asia, Bloomberg reports.
Australian Prime Minister Tony Abbott had hoped to keep climate change off the agenda of this weekend's G20 summit in his country, but the new greenhouse gas agreement between the U.S. and China will likely put the issue back on the table, The Wall Street Journal reports.
Australia's opposition Labor Party has rejected Prime Minister Tony Abbott's proposed 20 percent renewable energy target for electricity generation, saying the plan would cut original goals by 40 percent, Reuters reports.
Because prices for liquefied natural gas are usually linked to oil products, the stark decline in oil prices from high production is cutting LNG prices, threatening the profitability of a number of in-progress projects in Australia, The Wall Street Journal reports.
CANBERRA, Australia (AP) — A bid by environmentalists to confront world leaders with a digital billboard highlighting climate change has been thwarted by Brisbane airport authorities who deemed the message too political.
Brisbane Airport will be the Australian gateway for leaders of 20 economies when they gather in the Queensland state capital next week for the annual G20 summit.
Oil was little changed early Thursday, following a dramatic drop the day before that had been triggered by news of a big build in U.S. crude stockpiles. West Texas Intermediate crude for March delivery was up 8 cents to $44.53 a barrel in electronic trading on the Nymex, while in London Brent gained 34 cents to $48.81, Bloomberg reports.
Fifty conservative groups, led by the Koch-backed Americans for Prosperity, have sent a letter to Congress opposing the idea of increasing the federal gasoline tax to pay for highway infrastructure projects, USA Today reports.
Although the Commerce Department has cleared some companies to export lightly processed condensate, the Bureau of Industry and Security is asking questions of others, including Marathon Oil, people familiar with the matter have told Reuters.
A coalition of eight environmental and animal welfare groups -- including the Environmental Integrity Project and the Humane Society -- is suing the Environmental Protection Agency, demanding that EPA regulate emissions from large confined animal livestock facilities, The Des Moines Register reports.
The Republican-controlled House Natural Resources Committee has backed an amendment to the panel’s oversight plan – proposed by ranking member Rep. Raul Grijalva, D-Ariz. – saying that it will consider the impact of climate change on federal lands and natural resources, The Hill reports.
New Jersey lawmakers are moving bills through the state legislature that would override objections by the state Board of Public Utilities to the Fishermen’s Energy offshore wind project, the South Jersey Times reports.