Browsing: <a href="/tag/carbon-law-policy-nger">Carbon law, policy/NGER</a> <i class="grey">•</i> <a href="/tag/investor-activity">Investor activity</a>

The Australian Conservation Foundation has asked Australia's corporate watchdog to investigate 'potential breaches of the Trade Practices Act' relating to public statements on the effects of the CPRS made by six major companies.

Rio Tinto will receive free permits worth more than $400 million in 2010, says a league table prepared by Innovest identifying companies that would receive the most free permits under green paper rules.

Almost three quarters of ASX100 companies responded to this year's global Carbon Disclosure Project questionnaire, up 26% on last year's response rate, according to results to be launched today by Climate Change Minister Penny Wong. The report assesses the carbon risk facing 68 of the participating companies, with 10 – including Alumina Ltd, BlueScope and OneSteel – having an "underlying carbon risk" above 5% of 2007 earnings.

• Pension fund divests $1.1 billion stake in Rio Tinto over West Irian mine
  
• Energy users crunch the numbers on gas
  
• Farm company to pay $20,000 for EPBC Act breach
  
• SA waste program targets small business

• ACCC deflates Goodyear tyre claims
  
• AWU's nuclear vision 'fanciful' says coal mining union leader
  
• Attorney-General highlights climate change national security risks
  
• ACT signs Principles for Responsible Investment
  
• NSW releases trade-exposed, emissions-intensive seminar papers
  
• NSW flags contaminated sites auditor accreditation fee price hike
  
  Low-carbon economy poses massive skills challenge

The investment community has a key role to play in "creating wealth worth having" by dramatically redirecting investment away from carbon and towards activities that don't undermine the natural wealth of the earth's atmosphere and biological systems, Climate Change Capital founder James Cameron has told a Sydney forum.

There is still a tendency to indulge in 'trophy cabinet' reporting on sustainability and climate change, despite dramatic improvements in the quality of reporting, says Colonial First State's Amanda McCluskey.



Meanwhile, the Carbon Disclosure Project sets out best practice measures to encourage supply chain reporting of emissions and carbon strategies.

'Easy Being Green' sold to green energy retailer * WA geothermal legislation enters into force as first acreage released * EPA Victoria investigates Transpacific Cleanaway over contaminated soil stockpile * FTSE establishes environmental technology index

Vic minister warns of dangers of carbon price that's too low; IAG chief warns of government underspending on adaptation; CDP5 finds many Australian companies have emissions strategy in place, but GHG disclosure poor.