The Paris agreement introduces a new mechanism for international co-operation. AAP/Samuel Boivin

How will carbon markets help the Paris climate agreement?

Despite there being no reference to the words “market mechanism” or “carbon market” in the agreement, the agreement clearly establishes a new international carbon market mechanism.
Past deals on emissions trading increased compensation to the electricity sector. Daniel L Smith / Shutterstock.com

Australia needs a fresh start on climate policy: authority

Australia needs to “reset” discussions related to climate policy, according to the government’s advisory body on climate policy.
The stage is set for a climate agreement - although it may be political rather than legal. EPA/Yoan Valat/AAP

Will the Paris agreement be legally binding?

Probably not, but that might be for the best if it encourages countries to be more ambitious in their commitments, rather than playing it safe to avoid falling foul of legal obligations.
US President Barack Obama has unveiled the United States’ most comprehensive climate policy so far. EPA/Michael Reynolds/AAP

Obama takes ‘biggest step’ on US climate policy: experts react

US President Barack Obama’s new climate plan aims to cut greenhouse emissions from the nation’s coal-dominated power sector by 32% by 2030. Will it get through, and how will it affect this year’s climate talks?
The court ruled that Dutch citizens have a legal right to be protected from climate change. Moyan Brenn/Flickr/Wikimedia Commons

What does the Dutch court ruling on climate targets mean for Australia?

For the first time, a court has ordered a government to strengthen its climate targets. It’s a watershed, not just for the Netherlands but potentially for countries such as Australia whose targets have been criticised.
Tony Abbott and Greg Hunt have deferred increasing Australia’s emissions targets until 2015. AAP Image/Alan Porritt

Is Australia shirking its international climate commitments?

This week Tony Abbott confirmed that Australia will not increase its emission reduction target from 5% below 2000 levels unless other countries make serious commitments. In a subsequent interview, environment…
The Coalition’s Direct Action plan is missing some funding. AAP Image/Alan Porritt

Coalition’s carbon budget shortfall will be $4 billion, unless …

By now you’ll know the Coalition has dramatically under-budgeted its Direct Action plan on climate change by A$4 billion. On the Coalition’s current budget the plan will fail to meet Australia’s emissions…
Yes, it’s getting hotter. Now President Obama is taking action. EPA/Dennis Brack

Obama’s climate change plan: Congress not required

President Obama’s speech at Georgetown University yesterday marks the most significant development in US climate change action so far. The “President’s Climate Action Plan”, a 21-page document, sets out…
A carbon bank would reduce the risk of the carbon price crumpling. Niall Glynn

Learning from Europe’s carbon price crash: we need a carbon bank

The dramatic fall in Europe’s carbon price in April led to claims emissions trading had failed as a model for addressing climate change. While the low EU price is problematic for the EU and Australia (by…
The Australian Government and European Union have laid out the first links between our emissions trading schemes. Phillipe Put/Flickr

Linking to Europe’s ETS: how to make it work

Yesterday the Department of Climate Change and Energy Efficiency released its draft regulations and a consultation paper, setting out the details on linking the EU Emissions Trading System (“EU ETS”) and…
Even if Congress is opposed, President Obama has made it clear he means to act on climate change. EPA/JIM LO SCALZO

State of the Union: climate change action is a domestic concern

In his Inauguration address on 21 January, Obama placed tackling climate change high on the agenda for his second term. His definitive statement that “we will respond to the threat of climate change” signalled…
There are some barriers to linking our emissions reduction plan to California’s, but they’re worth overcoming. Thomas Hawk

Let’s link up: joining our carbon price to California’s

As the pace of international climate negotiations has slowed, the interest and attention of international organisations and climate policy watchers has been diverted to national climate change responses…