Governments’ carbon tax progress 'slow and piecemeal': OECD.

Carbon taxes are effective at cutting emissions but are not being set high enough to benefit the environment, a recent Organisation for Economic Cooperation and Development (OECD) report has found.

The OECD has called for more effective carbon taxes and emission pricing schemes.

The report examined specific taxes on energy use from 2012 to 2015 across 42 OECD countries and six sectors, which represented about 80 per cent of global energy use and carbon emissions. It found current taxation schemes were ineffective.

Read the story in today’s Age by Cole Latimer - “Governments’ carbon tax progress 'slow and piecemeal': OECD.”

Turnbull Government accused of 'negative carbon price'

T

he Turnbull Government has been accused of supporting a "negative carbon price" by standing in the way of the US and Japan as they try to dramatically reduce the ability of rich countries to fund coal plants in the developing world.

Malcolm Turnbull - his government
accused of 'negative carbon price'.

The move has once again prompted claims that the government is risking Australia's international reputation on climate change.

Documents seen by Fairfax Media show Australia has opposed a US-Japan plan that would in effect limit public financing of coal-generated power by Organisation for Economic Cooperation and Development (OECD) countries to only the "cleanest" coal plants available, mostly those classed as "ultra-supercritical" generators.

Read the story in today’s Melbourne Age - “Turnbull government accused of blocking US, Japan plan to reduce coal.”