Category: C02 emissions

Australian Labor’s ‘Biggest Carbon Tax’ Will Cripple Businesses, Opposition Argues

January 12, 2023
anthony albaneseAustraliaBusiness & MarketsC02 emissionscarbon creditcarbon taxclimate changeenergyinflationWorld
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The Opposition has warned that the Australian federal government’s new “carbon tax” will come at a heavy cost for businesses suffering from the cost of living crisis. Under the centre-left Labor government’s new safeguard—which the previous centre-right Coalition government introduced—Australia’s biggest polluters will be required to reduce their net emissions by almost 35 percent by…

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Bill Gates: No One Wants to Be ‘the First to Say It,’ but the Paris Agreement Climate Goal Is Not Within Reach

December 20, 2022
Bill GatesBusiness & MarketsC02 emissionsclimate techco2 coalitioneconomyenergyEnvironmentglobal warmingScienceUS
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Software billionaire Bill Gates recently admitted that the climate change target as established by the Paris Climate Accord will likely not be met. The 2015 Paris Climate Accord has a goal of limiting global warming below 2 degrees Celsius—and preferably below 1.5 degrees Celsius—compared to preindustrial levels. In a recent interview with Reuters, Gates said…

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European Union Agrees to Impose World’s First Carbon Tariff on Imports

December 13, 2022
Business & MarketsC02 emissionscarbon emission tradingeconomic policieseconomyenergyEuropeeuropean union taxestaxes on carbon emissionsWorld
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The European Union (EU) struck a political deal on Tuesday morning that seeks to impose tariffs on carbon dioxide emissions made by manufacturers of imported goods that are deemed to be polluting, a first of its kind carbon tariff. The members of the European Parliament arrived at an agreement with the European Council on the…

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Drill for a Greener Planet

September 26, 2022
Business & MarketsBusiness ColumnistsC02 emissionscarbon capturedrillingeconomyenergyfossil fuelgas pricesinflationJamie DimonOpinionRashida TlaibUSViewpoints
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Commentary One of the worst movies ever made–apart from the bottomless pit of direct-to-video fare—has got to be 2003’s “The Core,” starring Hilary Swank and the insufferable Stanley Tucci. Swiping the Booby Prize long held by 1977’s “Exorcist II: The Heretic,” this “save the planet from itself” journey to the soft Tootsie Roll center of…

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