Carbon Credits News for 10-21-2014


Welcome to the Carbon Capture Report, a free service of the University of Illinois that tracks daily global mainstream and social media coverage of climate change and all 15 core energy sectors and energy industries and offers analytical reports, person, organization, location, and news outlet biographical profiles, interactive timelines and maps, and numerous otheranalytical features to help translate the deluge of daily news into a wealth of actionable insight.

You are currently signed up for the Carbon Credits News and today's issue summarizes global coverage for 10/21/2014.

At-A-Glance Vitals
Quick summary of yesterday's news:

Total Coverage    66
Total Word Count    39,541
News[VIEW]    66 (100.00%)
Unique News Stories    46
Blog Posts[VIEW]    0 (0.00%)
Tweets[VIEW]    0 (0.00%)
Videos[VIEW]    10 videos from 7 users totaling 0 Hours / 50.33 Minutes
Bookmarks[VIEW]    1 from 1 users
Twitter Details    0 Twitters totaling followers, 0 hashtags, 0 replies, 0 retweets, 0 users replied to, 0 users retweeted, and 0 total links




GEOGRAPHIC COVERAGE
The map below shows all geographic mentions across both mainstream and social media coverage.




TOP NAMES OF THE DAY
The following people, organizations, and locations dominated the global conversation yesterday. Click on each to view its full profile, with interactive timelines, maps, dashboards, and a complete list of coverage. Note that even if you have filters enabled, these lists reflect ALL news and social media coverage.

Top person names mentioned in today's news:

Mary Polak    26 (39.39%)
Christy Clark    17 (25.76%)
David Keane    16 (24.24%)
Merran Smith    13 (19.70%)
Chandra Herbert    12 (18.18%)
Tony Abbott    5 (7.58%)
Michael Blythe    4 (6.06%)
Top organization names mentioned in today's news:

Clean Energy Canada    13 (19.70%)
Environment Ministry    12 (18.18%)
Australian Bureau Of Statistics    8 (12.12%)
Commonwealth Bank    4 (6.06%)
Climate Action Network Europe    3 (4.55%)
Chevron Corp    3 (4.55%)
Royal Dutch Shell    3 (4.55%)
Top cities worldwide mentioned in today's news:

British Columbia, British Columbia, Canada    22 (33.33%)
Victoria, Seychelles (General), Seychelles    19 (28.79%)
Sydney, New South Wales, Australia    8 (12.12%)
Vancouver, British Columbia, Canada    6 (9.09%)
Copenhagen, Kã¸Avn*, Denmark    3 (4.55%)
Montreal, Quebec, Canada    3 (4.55%)
Kyoto, Kyoto, Japan    3 (4.55%)




Below are the top 25 articles of yesterday, ranked in order of their overall potential and actual impact on the global media ecosystem surrounding this topic.

Australia third quarter inflation cools, gives RBA room to hold rates at record low | Reuters

... 2.5 percent, where it has been since the last cut in August 2013, and reiterated its pledge to keep rates steady for a while. Analysts said inflation was pushed lower by the removal of a carbon tax, which in turn helped drive electricity prices down. Other factors included declines in automotive fuel, reflecting a drop in global oil prices. In July, the Australian Senate voted to scrap the ...

(391 words by reuters.com


UPDATE 2-British Columbia sets new LNG income tax at 3.5 pct | Agricultural Commodities | Reuters

... within which these proponents can establish themselves." The province's analysis is based on Canada's total tax regime, including other levies from all levels of government, royalties, carbon taxes and fees, compared with the total taxation regimes in Australia and the United States. The tax details should provide some much needed clarity for companies such as Malaysia's Petronas, which ...

(328 words by reuters.com


Australian Core Consumer Price Growth Slows in Third Quarter - Bloomberg

... percent and the costs of new dwelling purchases by owner occupiers climbed 1.1 percent. Economists at Australia & New Zealand Banking Group Ltd. estimate the government's repeal of the carbon tax -- a mechanism designed to reduce pollution -- removed 0.3 percentage point from the CPI. Peter Jolly, Sydney-based head of research for National Australia Bank Ltd., said before the release his ...

(595 words by bloomberg.com


British Columbia sets new LNG income tax at 3.5 percent - Yahoo News

... within which these proponents can establish themselves." The province's analysis is based on Canada's total tax regime, including other levies from all levels of government, royalties, carbon taxes and other fees, compared with the total taxation regimes in Australia and the United States. The tax details should provide some much needed clarity for companies such as Malaysia's Petronas [PET ...

(465 words by yahoo.com


First-class travel for lawmakers: A 4-Pinocchio falsehood pops up again - The Washington Post

... Brownley voted for an "energy tax." This is based on her vote against an amendment that would have required the administration to receive approval from Congress before implementing a "carbon tax." It was not actually a vote for a tax, though Conston claims that "she voted to give President Obama carte blanche authority to impose a carbon tax. With this administration, that is voting for a ...

(693 words by washingtonpost.com


Slower Australian Inflation Signals RBA to Keep Record-Low Rates - Businessweek

... Australia's core inflation slowed last quarter as the removal of a carbon taxcut power bills, giving the central bank scope to keep record-low interest rates. The trimmed mean gauge of prices rose 0.4 percent from the second quarter, below the median forecast of a 0.5 percent gain and less than a revised 0.7 percent increase three months earlier, government data released in Sydney showed ...

(767 words by businessweek.com


Carbon tax repeal eases consumer price rises - ABC News (Australian Broadcasting Corporation)

... Official figures show consumer prices increased by 0.5 per cent in the September quarter, with a carbon tax repeal related fall in energy costs offsetting other rises. While the Bureau of Statistics noted in its release that it was not possible to quantify the impact of removing the carbon price, the main declines in the quarter were for electricity (-5.1 per cent) and automotive fuel (-2.5 ...

(588 words by abc.net.au


Forestry plantations, renewable energy and switching from diesel to gas will help limit carbon emissions - ABC Rural (Australian Broadcasting Corporation)

... is a director on the Clean Energy Finance Corporation which won reprieve this year, when cross benchers in the Senate refused to back a Government Bill to abolish it, along with the Carbon tax. She says it's disappointing the Prime Minister backs coal as good for humanity when climate change is very damaging for humanity including poor people who have a right to be lifted out of energy ...

(632 words by abc.net.au


B.C. LNG tax regime announcement coming today - British Columbia - CBC News

... Minister Mary Polak on the new rules governing greenhouse-gas emissions for LNG. Polak said her Greenhouse Gas Industrial Reporting and Control Act will permit companies to purchase carbon offsets and contribute to a technology fund to reach emission benchmarks that will be the lowest in the world. Earlier this month, the B.C. LNG Alliance warned the window is closing on the province's ...

(355 words by cbc.ca


Fact check: Jenkins ads mislead on carbon tax, coal

... Fact check: Jenkins ads mislead on carbon tax, coal Two highly misleading ads from Republican Evan Jenkins leave the false impression that Rep. Nick Rahall is responsible for higher electric rates and personally profited from his votes in Congress. AD SPONSOR: Evan Jenkins THE RACE: U.S. House STATE: West Virginia ANALYSIS: Two highly misleading ads from Republican Evan Jenkins ...

(1510 words by usatoday.com


Australian inflation eases after end of carbon tax - MarketWatch
(2 Additional Articles)

... of new taxes, rose by an average of 0.5% in the third quarter from the second, in line with economist expectations. The drop in the inflation rate follows the abolition of the carbon tax at the start of the third quarter. Wages are also falling as the economy remains sluggish, business confidence is weak, and unemployment nudges higher. The data also comes amid growing concern ...

(379 words by marketwatch.com


Industry, greens lukewarm on new B.C. LNG rules | The Chronicle Herald
(9 Additional Articles)

... expected introduction of the government's LNG income-tax legislation. "In terms of looking at all of the costs that we incur, our industry is going to be paying the LNG tax, the carbon tax, purchasing carbon offsets, paying royalties, PST, GST, payroll taxes, municipal taxes and corporate income taxes at both the federal and provincial levels," Keane said. Merran Smith, director of ...

(583 words by thechronicleherald.ca


B.C. remains high-cost environment despite lower LNG tax rates, industry group says | Financial Post

... and Control Act would restrict LNG project proponents to producing 0.16 tonnes of CO2 for every tonne of LNG produced. Companies that emit less than that threshold would receive carbon credits, which could then be sold to companies emitting more than 0.16 tonnes of carbon. Companies that don't buy credits and can't keep their emissions under the limit could face fines up to $1.5-million ...

(914 words by financialpost.com


RBA sticks to script ahead of CPI
(2 Additional Articles)

... August 2013. Wednesday's consumer price index may define how appropriate that level remains. It will be the first official inflation reading since the Abbott government scrapped the carbon tax, which is expected to take pressure off prices. Economists' forecasts centre on a CPI rise of just 0.4 per cent in the September quarter, which would lower the annual rate to 2.2 per cent, the ...

(355 words by news.com.au


Senate debate: Udall, Gardner disagree on carbon tax, Ebola, Supreme Court justices - Denver Business Journal

... the general issue of renewable energy, they differed once again on whether Congress should be able to put a price on carbon emissions, either through a cap-and-trade proposal or through a carbon tax. Gardner said that he refused to "destroy the economy" through a pollution-reducing measure that would add $1,700 per year to the cost of families' utility bills and lead to the loss of 250,000 ...

(632 words by bizjournals.com


Vaughn Palmer: Emissions tax plan put forward, but the devil's in the details (many of which are missing)

... for the terminal operator would be $9 million a year. While the amount is not trivial, neither is it close to the biggest hit that the would-be operator of an LNG terminal would face. The carbon taxes will be greater. So will the promised LNG tax, though we won 't know the details of that until the legislation is tabled in the house as scheduled Tuesday afternoon. Note, too, that if an ...

(930 words by vancouversun.com


Vaughn Palmer: LNG goodies, incentives dent Liberals' vaunted Prosperity Fund

... terminal would be facing. The balance of the projected provincial revenues for an LNG terminal would be derived from natural gas royalties, the provincial sales tax, property taxes, the carbon tax and the provincial share of corporate income taxes. The finance minister would also appear to be joining the industry in seeking relief from federal taxes. The LNG Developers Alliance, a newly ...

(1036 words by vancouversun.com


Inflation slows after carbon tax axed

... a year after touching the top of the central bank's 2-3 per cent target band three months earlier. It was the first official reading of inflation since the Abbott government scraped the carbon tax. During the September quarter, the CPI rose by 0.5 per cent, slightly higher than economists had expected. The Australian Bureau of Statistics said the most significant price falls during the ...

(154 words by skynews.com.au


B.C. set to release proposed LNG tax rate | Metro
(6 Additional Articles)

... Minister Mary Polak on the new rules governing greenhouse-gas emissions for LNG. Polak says her Greenhouse Gas Industrial Reporting and Control Act will permit companies to purchase carbon offsets and contribute to a technology fund to reach emission benchmarks that will be the lowest in the world. Earlier this month, the B.C. LNG Alliance warned the window is closing on the province's ...

(163 words by metronews.ca


Designing a SkyMall Catalog for the Near Future

... this: There are occasion wonky photo errors, mentions of production delays, regulatory warnings from bureaucracies like the CDC, warranty options, and so on. You can pay with credit or carbon credits or "digicoin." Some of the products are designed specifically to fix the annoyances that will arise with future technology, like a "Polite Car Horn" for signaling other motorists when your self-driv ...

(784 words by gizmodo.com


Australia bombs in Global Green Economy Index | News | Eco-Business | Asia Pacific

... unsurprising. "This is not in the least bit surprising given Tony Abbott’s vocal opposition to clean energy, his mendacious scare campaigns against the Renewable Energy Target and carbon tax and his refusal to attend the UN Climate Summit in September or include climate change on the G20 agenda," Mr Butler said. "This latest report condemning Australia’s clean energy performance ...

(546 words by eco-business.com


B.C.'s LNG emissions law greenest, cleanest in the world: environment minister - Times Colonist
(3 Additional Articles)

... Tuesday's expected introduction of the government's LNG income-tax legislation. "In terms of looking at all of the costs that we incur, our industry is going to be paying the LNG tax, the carbon tax, purchasing carbon offsets, paying royalties, PST, GST, payroll taxes, municipal taxes and corporate income taxes at both the federal and provincial levels," Keane said. Merran Smith, director of ...

(724 words by timescolonist.com


The Brave New World of Carbon Trading - YouTube

... This video is unavailable. Watch Queue TV Queue Watch Queue TV Queue Remove all Disconnect Loading... Watch Queue TV Queue __count__/__total__ Find out why Close The Brave New World of Carbon Trading UNSWTV Subscribe Subscribed Unsubscribe 21,498 Subscription preferences Loading... Loading... Working... Add to Want to watch this again later? Sign in to add this video to a playlist. Sign in Share ...

(496 words by youtube.com


Counties Vie for Disadvantaged Cap-and-Trade Bucks | PublicCEO

... Air Resources Board meeting as officials from all over the state poor-mouthed their districts to gain a share of cap-and-trade funds set aside for "disadvantaged communities." Cap and trade is one of the main greenhouse-gas-reduction components in the implementation of AB32, the Global Warming Solutions Act of 2006. It's projected to raise $832 million in the current fiscal year that ...

(1298 words by publicceo.com


Carbon tax gone, but slight effect on CPI - www.thebull.com.au

... fell in the three months ending September, but only enough to wind back a quarter of the increase since the imposition of a price on greenhouse gas emissions two years ago. The so-called carbon tax was repealed by a jubilant Abbott government in mid-July, with effect from July 1. With the release of the September quarter consumer price index figures on Wednesday the Australian Bureau of ...

(266 words by thebull.com.au


New Statesman | The worlds worst climate change villains? Step forward, prime ministers of Australia and Canada
(2 Additional Articles)

... alliance among 'like-minded' countries" to try to dismantle global efforts on climate change. At a press conference that day, Harper applauded Abbott's efforts to gut Australia's carbon tax. "You've used this international platform to encourage our counterparts in the major economies and beyond to boost economic growth, to lower taxes when possible and to eliminate harmful ones, most ...

(1475 words by newstatesman.com


B.C. Liberal government rolls out long-awaited LNG tax regime | Business in Vancouver

... he said, include global LNG prices and workforce and labour skills. He added that the tax load faced by B.C.'s LNG industry is significant. "Now we will be paying an LNG tax, a carbon tax and we will also have to purchase carbon offsets, we will be paying PST, GST, municipal property taxes, payroll taxes and, of course, corporate income taxes at both the federal and provincial ...

(685 words by biv.com