Carbon capture and storage will play a big role in Canada’s greenhouse gas emissions goal of a 20% reduction by 2020. However, technical and cost challenges will have to be addressed before Canada can “turn the corner on climate change.”

Federal Environment Minister John Baird announces an updated green plan for coal plants, allowing Ontario Power Generation and other large polluters to receive and purchase carbon credits. However, some environmentalists are opposed to this and want coal plants shut down altogether.

Green labelling of food to show the impact of its production on the environment could lead to major changes in consumption, Lucy Neville-Rolfe of British retailer Tesco said on Tuesday.

Australia Energy Minister Martin Ferguson has stated that the Offshore Petroleum Act will be amended to permit carbon emissions from coal-fired power stations to be stored in the ocean floor around Australia. Exploration will began in 2008.

The boreal forest in northern Canada is being threatened by logging and other development by the forest industry. Greenpeace is warning that these practices will release the stored carbon into the the atmosphere, accelerating global warming.

Planet Ark

Australia, one of the world’s top carbon emitters per person, will unveil an emissions trading scheme later this year, which it hopes will help cut the country’s carbon footprint.

The Guardian

The number of leading British companies willing to disclose their carbon footprint to City investors has fallen this year, research reveals today.

Only 58% of companies in the FTSE-250 index responded to the latest survey by the Carbon Disclosure Project (CDP).

Bloomberg.com

The largest U.S. market-based system for addressing climate change would be created under a plan released today by a group of Western states and Canadian provinces.

The Western Climate Initiative, a collaboration of seven Western states including California and four Canadian provinces, has vowed to cut emissions by 15 percent of 2005 levels by 2020.