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Australia: Axing carbon tax wont cut power bills for two years, industry says

2013-09-20 09:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Household power bills are unlikely to fall for two years, despite Tony Abbott's intention to make the carbon price repeal his first item of legislative business, the electricity industry is warning. With both Labor leadership candidates insisting the ALP will vote with the Greens to block the repeal, the Coalition is likely to have to wait until after the new Senate sits next July to get the abolition through the upper house. But electricity retailers say that means they will have to factor...

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Carbon tax, threatened Down Under, warms up US climate debate

2013-09-13 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: The promise to rescind Australia's carbon tax is causing some conservatives to throw bouquets, but climate advocates are downplaying the impact that the federal election Down Under might have on American efforts to price emissions. Prime Minister-elect Tony Abbott, of the conservative Liberal Party, made the nation's 1-year-old carbon tax a key theme in his campaign against incumbent Kevin Rudd, whose Labor Party elevated climate change to the peak of public policy as natural disasters whiplashed...

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Australia: World's largest carbon capture begins even as Abbott tax repeal looms

2013-09-11 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Prime minister-elect Tony Abbott has pledged to repeal the country's carbon tax to boost economic competitiveness, so it is ironic that Australia is about to host the world's most ambitious project for capturing carbon dioxide and storing it underground. Starting in 2014/15, Chevron will begin injecting 120 million tonnes of pressurised supercritical carbon dioxide 2.5 kilometres underground as part of its giant Gorgon LNG project. Raw gas from the Gorgon field contains about 14 per cent carbon...

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Australia: Carbon tax fight takes shape

2013-09-08 18:28:00| Climate Ark Climate Change & Global Warming Newsfeed

West Australian: Battlelines have already been drawn for the next Parliament, with Labor's most influential figures vowing to oppose Tony Abbott's core pledge to abolish the carbon tax. As business groups swung behind the Prime Minister-elect to demand Labor respect Mr Abbott's "clear mandate", outgoing deputy prime minister Anthony Albanese and senior Labor MPs said they had their own mandate to protect. Mr Abbott emphasised his carbon mandate claim when he met the secretary of the Department of Prime Minister...

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Carbon tax malaise leads conservatives to victory in Australia

2013-09-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Australia's conservative opposition swept to power Saturday, ending six years of Labor Party rule and winning over a disenchanted public by promising to end a hated tax on carbon emissions, boost a flagging economy and bring about political stability after years of Labor infighting. "I know that Labor hearts are heavy across the nation tonight, and as your prime minister and as your parliamentary leader of the great Australian Labor Party, I accept responsibility," Prime Minister Kevin Rudd said...

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