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.
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.
Planet Ark
Australia will set up a A$100 million (US$80 mln) carbon capture research institute aimed at fighting climate shift and with ambitions of becoming the world hub for the technology, the government said on Friday.
The Guardian
Marine biologists have discovered hundreds of new and rare species while exploring the waters around two remote islands and a reef off the Australian coast.
Planet Ark
Prominent climate scientists criticised the Australian government’s top climate adviser on Tuesday, saying his recommended targets for carbon emissions were too weak and would not help avoid catastrophic climate change.
Radio Australia
A survey has found Australian consumers are deeply concerned about the environment, but many are unwilling to pay the higher costs that would accompany an emissions trading scheme.
The Australian
The science tells us that continued high levels of carbon pollution have led to global warming and if the world continues on a business-as-usual trajectory the consequences for us all will be significant. The economics tells us that the cost of responsible action is much less than if we as a planet fail to act on climate change now. The longer we delay, the higher the cost.
Planet Ark
Climate change could alter the farming map of Australia, with some agricultural operations moving into the wetter north of the island continent as the major food-producing belt in the south dries up.
Planet Ark
Australia’s emissions trading scheme starting in 2010 should make energy more affordable in the long-term, but short-term price hikes could see the government facing an A$1.8 billion (US$1.7 billion) a year compensation bill.
Planet Ark
Climate change threatens Australia’s A$2.1 billion (US$1.6 billion) commercial fishing and aquaculture industry, but may create new wild fisheries as tropical marine species move south as sea temperatures rise.