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China to have world's 2nd largest carbon trading scheme by 2014

24th January, 2013

China will have the world's second largest carbon trading scheme by 2014, or twice as big as Australia's regime, a latest report showed Thursday.

Carbon price of $29 'not implausible', says Blair Comley

20th January, 2013

THE head of the federal climate change department says it is "not implausible" the European carbon price could rise to $29 a tonne by mid-2015, when Australia's emissions trading scheme begins.


McLaren's Formula 1 team is world's first to become carbon neutral

10h Decemberber, 2011

McLaren's Formula 1 team is not exactly known for its eco-credibility, but that is about to change.

Its efforts to reduce its carbon footprint to zero illustrate not only that it is possible for an energy intensive enterprise to do so, but show how any other company can follow suit.


The Formula 1 team kicked off by reducing emissions itself as far as it could, for example from its work area, by installing occupation-sensors so that air conditioning and the newly fitted low energy lighting would only come on when needed.

This was the first lap, and it led, one year ago, to Vodafone McLaren Mercedes becoming the first ever Formula 1 team to achieve the Carbon Trust Standard.

It followed a three-year audit of the team and its efforts to measure, manage and improve its carbon efficiency, helped by the experts at the Carbon Trust.

It revved up its efforts even more, and was rewarded last month by achieving 92nd place in the Performance League Tables of the Environment Agency's CRC Energy Efficiency Scheme.

In that race, they beat all of their peers to become not only the highest-placed Formula 1 team in the scheme, but also the highest-placed automotive manufacturer.

Yet despite that, McLaren was still emitting 18,297 tonnes of carbon dioxide, because many of these emissions are as a result of activities unavoidable in its area of business. [You can download its scorecard here.]

These activities include the fleets of trucks and the air travel used to transport cars, crew and other equipment around the world.

Although every vehicle in the McLaren fleet is fitted with a monitoring device that gathers information on driving efficiency to help train the truck and transporter drivers to drive more energy efficiently (thereby saving 1,500 tonnes of carbon dioxide a year), this is less than 10% of overall emissions.