Australia power plants face $19 bln funding headache

* CO2 price uncertainty overshadows generators’ financing
* Funding future cloudy for big brown-coal generators – Fitch
* Sector faces huge investment costs to meet low-CO2 goals

Poll shows support down for Australia’s Rudd, cap-and-trade

Support for Australia’s Prime Minister Kevin Rudd and a carbon emissions plan backed by his government is slipping ahead of elections this year, but Rudd’s Labor remains clearly ahead, a poll showed on Monday.

Australia’s “Top End” too dry to become food bowl

The dream of turning Australia’s tropical north into a major food bowl to replace drought-stricken southern farmlands and feed a future Asia has been shattered by a new report released on Monday.

China wind, solar companies seek growth in U.S., Europe

Chinese wind and solar companies told a renewable energy conference on Thursday they were looking abroad for burgeoning markets in renewable energy.

Online fraudsters steal EU carbon permits

* Phishing action was international, CO2 trading unaffected
* Six German companies had permits stolen
* EU Commission uninvolved, investigations at state level

China outpaces EU and U.S. with new wind turbines

* Global wind energy capacity rises 31 pct in 2009
* China leads on new installations, then EU and US
* Threat of rising fuel prices to boost wind further

Poor give muted backing to Copenhagen climate deal

* China, India do not refer to Accord in letters
* Fear undermining U.N. climate Convention
* South Africa says fully “associated” with Accord

FACTBOX – Australia’s competing carbon schemes

Australia’s opposition unveiled a rival carbon reduction plan on Tuesday to compete with the government’s proposed emissions trade scheme, already rejected twice and presented a third time to parliament.

Here are the main points of both the government and conservative schemes, which voters may decide on during elections due later this year.

Australia emissions scheme faces third rejection as Rudd takes hit in opinion polls

* Rudd takes hit in the polls on climate policy
* Emissions scheme faces third rejection
* Rudd remains most popular choice for PM

ANALYSIS – Gloom gathers around divisive Australia cap-and-trade laws

* Australia government presses ahead with carbon trade laws
* But passage in Senate seems unlikely
* Opposition to announce rival scheme; Greens offer ideas

FACTBOX – Over 50 nations set climate goals after Copenhagen

More than 50 nations including major greenhouse gas emitters have outlined plans for fighting climate change under a Jan. 31 deadline set in December’s low-ambition “Copenhagen Accord”.

Here are details of national plans, compiled by Reuters. Each country’s percentage of world emissions is given in brackets, based on U.S. Carbon Dioxide Information Analysis Center data of emissions from fossil fuels and cement production.

Subscribe!
Receive new posts via email

Subscribe to RSS Updates