Carbon market news: this week

US to fight UK green tax: green busses for London: airlines carbon permits: airline decisions required re EU carbon scheme: Australia launches CO2 standard and premier says setting price is way to go: Masdar City to reveal footprints

US prepares to fight UK’s green aviation tax plan
The coalition government’s plan to reform aviation taxes in order to better encourage airlines to cut carbon emissions could face a legal challenge after it emerged the US government has already begun lobbying against the move.   Source: Business Green

£15m boost for 150 ‘green’ buses
More than 150 "green" buses are to come into service following £15 million of additional Government funding announced on Monday. The low-carbon vehicles will emit 50,000 fewer tonnes of carbon dioxide than conventional buses over a 15-year period.   Source: Press Association

Businesses push for decisions on EU carbon scheme
The European Union is under pressure to finalise details on its emissions cap for industry from 2013, how carbon permits will be auctioned and the amount to be given to airlines when they join the EU’s scheme in 2012.   Source: Reuters

Australia launches CO2-neutral standard for business
Australia formally launched a programme on Wednesday that allows companies or their products to be certified carbon-neutral in a bid to boost their corporate image and fight climate change.   Source: Reuters

Gillard Says Australia to Review Carbon-Trading Plan in 2012
Australian Prime Minister Julia Gillard said her government intends to review plans for a carbon-trading system in 2012 and that setting a price for carbon is best done through the market.   Source: Bloomberg Businessweek

GSA plan increases contractors’ role in cutting emissions
Government contractors would have to track their greenhouse-gas emissions or risk losing out on new contracts, under a plan released last week by the General Services Administration.   Source: Federal Times

Masdar to drive change with carbon data
Masdar City is set to reveal the carbon footprint of hundreds of materials that will be used to build the US$22 billion (Dh80.8bn) carbon-neutral development at the edge of the capital.   Source: The National

World Bank completes sale of CERs for Adaptation Fund
The World Bank as Trustee for the Adaptation Fund completed a sale of 600,000 tons of certified emission reductions (CERs) during the period from June 24th to July 1st, 2010.   Source: Commodities Now

EU commission ‘broadly in favour’ of fuel carbon tax, Barroso says
The European Union’s executive is "broadly in favour" of bringing in a tax on carbon-dioxide emissions from fossil fuels as part of its efforts to fight global warming, the head of the organisation said Friday.   Source: Earth Times

Valere Tjolle

Valere Tjolle is editor of the Sustainable Tourism Report Suite, special offer at: www.travelmole.com/stories/1142003.php