Australia will need to import about 100 million tonnes of carbon abatement in 2020 to meet its greenhouse gas reduction targets, the first official emissions projections since Australia imposed a p

The European Union needs new binding goals on renewable energy and on cutting carbon emissions to succeed green policy targets that expire in 2020, the EU's energy chief said, omitting any mention

European Union governments will probably reduce emissions outside the bloc’s carbon market by 8.8 per cent more than required under the 1997 Kyoto Protocol, according to projections published today

The Ministry of Transport is considering piloting carbon trading or a carbon tax in the domestic shipping business, the Economic Information Daily reported on Monday.

South Korea has doubled a target to reduce greenhouse gas emissions by local industrial and power sectors in 2013 to enhance competitiveness prior to a new cap-and-trade scheme starting in 2015, th

European carbon edged up more than 1 percent on Thursday after a sale for nearly half of the 5 million permits expected by the market this week was postponed, spurring utilities to buy allowances.

China will have the world's second largest carbon trading scheme by 2014, or twice as big as Australia's regime, a latest report showed Thursday.

India is among the countries opposed to an EU law that makes all airlines pay for carbon they emit on flights to and from Europe

Aviation Minister Ajit Singh has urged Asia Pacific regulators to oppose measures like the EU Emissions Trading Scheme, calling it "unilateral". "We would request the delegates to oppose any unilateral environment measures imposed by a state or group like the EU ETS and work with ICAO (International Civil Aviation Organisation) to evolve global environment protection on the basis of equity and consensus," Singh told a conference of Asia Pacific aviation regulators on Monday.