Global carbon taxes coming and more emissions news

Gazprom powers into market, China, EU, SA, Australia back carbon tax, UK business sees climate change as threat not opportunity

China may launch environmental tax trial: report
Three Chinese ministries will soon submit a proposal for an environmental tax on a trial basis. An environmental tax, likely to be levied on emissions of carbon dioxide and discharges of polluted water, would form part of Beijing’s drive to make its economic growth cleaner.   Source: Reuters

Gazprom London interested to buy surplus carbon credits from Romania
NineO’Clock quoted Mr Adriean Videanu economy minister of Romania as saying that London branch of Gazprom is interested in purchasing surplus carbon credits sold by Romania.   Source: Steel Guru

Russia Gazprom Neft wins approval for carbon project
Russia’s Gazprom Neft, an oil arm of energy giant Gazprom, said on Wednesday it received approval for an emissions reduction project worth 3.1 million ERUs it is implementing with Japanese firms.   Source: Reuters

UK Businesses See Climate Change As Threat, Not Opportunity
The new survey of U.K. businesses and organizations showed that preparations for the impacts of climate change aren’t well advanced among businesses. Businesses generally perceive climate change to be a threat rather than an opportunity, the study said.   Source: The Wall Street Journal
 

Philippines urged to prepare for US and EU carbon tax                                                                The electronics and other heavy energy-consuming manufacturing industries are expected to bear the brunt of the imminent imposition of border tax adjustments based on carbon emissions if imposed by the European Union and the United States.   Source: Philippine Information Agency
Treasury turns down request to exempt pick-ups from carbon tax

Treasury turns down request to exempt pick-ups from carbon tax
South Africa’s National Treasury on Tuesday denied a request by the local automotive industry to exempt double cabs and small pick-ups from a new carbon dioxide emissions tax, to be implemented on September 1.   Source: Creamer Media’s Engineering News

Taxing carbon ‘first priority of govt’
Putting a price on carbon is ”a no brainer” and should be the first priority of any government, Nobel Prize winning economist Joseph Stiglitz says.   Source: The Canberra Times

South Africa: Treasury to Propose Carbon Tax at Source
The Treasury is considering a proposal to introduce a carbon tax at source, probably of about R100 ($13.70) per ton, according to industry sources. Coal companies would be taxed on the coal they deliver to Eskom, which emits the largest amount of greenhouse gases, although Eskom itself would not pay the tax.   Source: Business Day

Climate Change Capital Plans to Raise Money for Emissions-Cutting Projects
Climate Change Capital, a London fund manager that has invested more than $1 billion in greenhouse gas credits, plans to attract additional cash and focus future investments on emissions-reducing projects.   Source: Bloomberg

Valere Tjolle

Valere Tjolle is editor of the Sustainable Tourism Report Suitewww.travelmole.com/stories/1143624.php