Environmental

IGCC welcomes CCA draft report on emissions targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 NOV 2013  |  NEWS
The Investor Group on Climate Change (IGCC) welcomes the "pragmatic assessment" of the Climate Change Authority (CCA) draft report, but says it raises questions of how Australia will achieve higher emissions reductions.

CDP calls for corporate stewardship to manage water risks

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2013  |  NEWS
Companies see water as a substantive risk to their business, but they are focusing on "misguided" approaches to water-related risk management, according to the CDP Global Water Report 2013.

City of Melbourne looks to commercial solar installation

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Ed. note: This article has been updated with information from Cr Arron Wood

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business.

CBA questioned over carbon emissions calculations

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The Commonwealth Bank of Australia has reported that it has achieved and exceeded its target to reduce carbon emissions by the end of the 2012/2013 financial year, but it included in its calculations of its reductions a re-allocation of 3,500 tonnes ...

DLA Piper: climate change legal risk in property development

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
State legislation requiring local municipal bodies to take climate change into account when considering property development proposals are leading to unexpected and unpredictable outcomes that expose companies and government authorities to legal risk ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The world's first wave-energy-to-electricity unit has been launched in Port MacDonnell, South Australia, the Australian Renewable Energy Agency (ARENA) has announced.

Green bond potential to finance low-carbon chemical industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 OCT 2013  |  NEWS
Green bonds could potentially be issued to finance capital investment in the chemical industry, said Sean Kidney, Climate Bonds Initiative CEO.

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Companies that are currently liable under the carbon pricing mechanism (CPM) face uncertainty over their compliance and potential pricing arrangements if the government's proposed legislation to repeal the price on carbon is not passed by July 2014.

Ethinvest rallies support for BHP Billiton board candidate

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Ethinvest is supporting a campaign to have climate advocate Ian Dunlop appointed to the BHP Board at its November AGM.