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Australian industry group pushes for access to international carbon credits

Published 10:38 on May 29, 2017  /  Last updated at 10:38 on May 29, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s climate change policy needs a complete makeover with broad access to international carbon offsets and potential border tax adjustments to protect domestic industry, according to the nation’s biggest industry lobby group.

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Voluntary carbon market data from CTX for May 26, 2017

Published 16:30 on May 26, 2017  /  Last updated at 16:30 on May 26, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by CTX.

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Australia issues 137k carbon offsets to land-based projects

Published 08:43 on May 26, 2017  /  Last updated at 20:36 on May 26, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week issued 137,441 new carbon credits, all to projects establishing permanent forests or reducing the likelihood of uncontrolled savanna fires.

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IETA members expect UK exit from EU ETS, but spread of global emissions markets -survey

Published 11:46 on May 24, 2017  /  Last updated at 19:40 on May 24, 2017  /  Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, EU ETS, International, Shipping, US  /  No Comments

Six out of 10 respondents in the International Emissions Trading Association’s market sentiment survey expect the UK to drop out of the EU ETS, but most are optimistic that new markets will emerge globally driven by China and the aviation sector.

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Value of world’s carbon pricing schemes edges up year-on-year while govt revenues drop -report

Published 18:10 on May 23, 2017  /  Last updated at 01:24 on May 24, 2017  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, China's National ETS, China's Pilot Markets, EMEA, EU ETS, International, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

The combined value of the world’s carbon markets and CO2 tax regimes rose by 7% in 2017, with eight new pricing initiatives helping to nearly double the total number over the past five years, but government revenues have dropped by some 15%, according to a new report published Tuesday.

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Major Australian investor group joins carbon pricing choir but government expected to turn a deaf ear

Published 13:34 on May 22, 2017  /  Last updated at 13:34 on May 22, 2017  /  Asia Pacific, Australia  /  No Comments

The Australian Council of Superannuation Investors (ACSI) has become the latest group to tell the government’s climate policy review to put a price on carbon, but amid suspicions that the ruling conservative Coalition won’t change its mind on the matter, others are looking at alternative ways to meet the nation’s Paris Agreement obligations.

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Australia’s offset issuance shrinks in latest round

Published 09:35 on May 22, 2017  /  Last updated at 09:35 on May 22, 2017  /  Asia Pacific, Australia  /  No Comments

The number of Australian Carbon Credit Units (ACCUs) issued last week fell to just over 70,000 as major developers were absent from the process.

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Voluntary carbon market data from CTX for May 19, 2017

Published 09:37 on May 19, 2017  /  Last updated at 09:37 on May 19, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

Carbon Trade eXchange (CTX) is delighted to be a Gold Member at this year’s Innovate4Climate conference in Barcelona alongside parent company Global Environmental Markets (GEM). Read about CTX’s key appearances at the event.

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Australian offset prices could rise fivefold over next decade -analysts

Published 10:24 on May 17, 2017  /  Last updated at 14:25 on May 17, 2017  /  Asia Pacific, Australia  /  No Comments

Domestic and international demand for carbon credits could push Australian offset prices to more than five times current levels by the late 2020s, meaning the government should look for alternative options to meet its Paris Agreement obligations, according to analysts Energetics.

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Bundle offsets with energy-intensive exports to support industry, developers -Australian business group

Published 12:25 on May 15, 2017  /  Last updated at 12:25 on May 15, 2017  /  Asia Pacific, Australia  /  No Comments

The Australian government should help industry bundle carbon offsets with energy-intensive commodity exports in order to maintain competitiveness as the Paris Agreement gradually starts to impact global trade, a business group proposed.

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