Australia

What a year it’s been for those involved in carbon markets. A raft of new legislation, a jump followed by a dramatic drop-off in carbon pricing and then a slow-down in trading.

The Minister for Climate Change, Cassy O’Connor today announced CO2 Australia Limited as the successful consultant who will carry out groundbreaking research into the carbon stored in Tasmania’s forests.

In a landmark, first-of-its kind, acquisition for conservationists a global conservation group has led the purchase of Fish River Station, a former cattle station in the Northern Territory, and is to hand it back to indigenous traditional owners.

Tasmania, Australia, Aug 18, 2011 - Gunns Limited Managing Director, Mr Greg L'Estrange, today welcomed the Tasmanian Government's decision to appoint a probity auditor to review Gunns' contracts but sought assurances that the process would be expedited to end the onerous uncertainty the decision has created.

Mr L'Estrange said the transparency that an audit process should bring was welcomed but was concerned with recent comments made about Gunns involvement in the Forest Agreements process.

Mongabay, August 22, 2011: