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High-energy coal to help Australia miners steam ahead in Asia

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: As debate swirls around the future of coal, Australian miners are counting on the higher energy content of the coal they dig and proximity to growing Asian markets to give them an edge over rivals and defy a global push towards cleaner energy. With around $35 billion in projects in the pipeline, the world's No.2 exporter of thermal coal is relying on Asian markets using the cheapest source of power even as they try to contain soaring emissions and choking pollution. That growth in coal demand comes...

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Australia stocks hit by commodity slide

2015-11-13 02:42:37| BBC News | Business | UK Edition

Shares in Australia are down more than 2% in early trade on Friday as falling commodity prices hit energy related stocks.

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Virgin Australia unveils its new T1 domestic terminal at Perth Airport

2015-11-13 01:00:00| Airport Technology

Virgin Australia has unveiled its new T1 domestic terminal at Perth Airport, which is set to commence service from 22 November.

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Australia: Carbon abatement: govt spends another $557m to buy 45m tonnes

2015-11-12 05:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Turnbull government has bought another 45m tonnes of carbon abatement for $557m meaning it has spent almost half the $2.55bn emissions reduction fund to buy less than half the greenhouse reductions needed to meet its 2020 target. At its first auction, held in April, the government bought 47m tonnes of abatement for $660m an average price of $13.50 a tonne. A proportion of the greenhouse reductions bought will be delivered after 2020, the date by which the government has promised to...

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Australia: Greens back 1.5-degree warming limit, turning up heat on Labor, Coalition

2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: The Australian Greens have endorsed calls by Pacific Island nations for a climate treaty limiting global warming to 1.5 degrees, putting further distance between its policies and those of the Turnbull government and the Labor Opposition. The move comes as the World Meteorological Organisation (WMO) revealed carbon-dioxide levels reached another annual record in 2014, continuing a "relentless rise", according to its chief Michel Jarraud. The national conference of the Greens over the weekend...

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