Latest

EU, New Zealand agree to increase cooperation on emissions trading

Published 21:47 on December 17, 2018  /  Last updated at 21:54 on December 17, 2018  /  Americas, Asia Pacific, Australia, Aviation, Canada, Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, US  /  No Comments

The EU and New Zealand have agreed to strengthen their bilateral cooperation on emissions trading, their respective climate bosses announced on Monday.

Read More
Latest

Offset purchases drop to new record low in Australia’s latest ERF auction

Published 08:55 on December 17, 2018  /  Last updated at 20:46 on December 17, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator achieved record low volumes in last week’s Emissions Reduction Fund (ERF) auction, the agency said Monday.

Read More
Latest

COP24: Australia faces heat if it deploys AAU plan to plug Paris emission gap

Published 17:47 on December 11, 2018  /  Last updated at 07:54 on December 12, 2018  /  Asia Pacific, Australia, Climate Talks, International, Kyoto Mechanisms  /  No Comments

Australia is likely to face widespread international disapproval if it goes ahead with a plan identified by observers that involves using more than 300 million surplus units from the Kyoto Protocol era to help meet a massive shortfall in its Paris Agreement target.

Read More
Latest

Australia sees minor burst of offset project registrations ahead of ERF auction

Published 12:07 on December 9, 2018  /  Last updated at 01:06 on December 11, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator approved 18 new offset projects over the past week amid a minor rush by developers to qualify in time for the coming week’s Emissions Reduction Fund (ERF) auction.

Read More
Latest

Australian carbon market for industry likely to be short from day one, analysts find

Published 08:06 on December 6, 2018  /  Last updated at 08:06 on December 6, 2018  /  Asia Pacific, Australia  /  No Comments

A baseline-and-crediting scheme for industrial emitters under a ramped-up Safeguard Mechanism featuring targets in line with the Labor party’s climate target would be short from the outset, with demand rapidly increasing over the next decade, a report found Thursday.

Read More
Latest

COP24: Developers, NGOs spar over future role of CDM

Published 18:15 on December 4, 2018  /  Last updated at 20:33 on December 4, 2018  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Kyoto Mechanisms, New Zealand, South & Central, Switzerland, US  /  No Comments

The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.

Read More
Latest

Australia’s offset issuance remain below average with 71k handed out

Published 09:47 on November 30, 2018  /  Last updated at 01:13 on December 1, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator issued 71,012 carbon credits to six projects this week, more than last week’s low levels but still well below the average.

Read More
Latest

Australia’s GHG emissions rise to highest in seven years

Published 09:41 on November 30, 2018  /  Last updated at 03:24 on December 1, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s GHG emissions in FY2017-18 rose to their highest levels in seven years, driven by increased LNG production, mining, and manufacturing, according to government data released on Friday.

Read More
Latest

LNG offset obligations could drive big carbon market in Western Australia

Published 09:37 on November 28, 2018  /  Last updated at 09:37 on November 28, 2018  /  Asia Pacific, Australia  /  No Comments

Should the state government in Western Australia decide to reinstate obligations for the LNG industry to offset its greenhouse gas emissions, that could drive demand for 15-60 million carbon credits each year, a report said Wednesday.

Read More
Latest

Australia’s offset issuance drops, highlighting supply concerns for Labor’s potential ETS

Published 09:22 on November 23, 2018  /  Last updated at 01:07 on November 24, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week issued just shy of 20,000 carbon credits – only a tenth of the recent weekly average – highlighting concerns over the market’s ability to meet a potential rise in demand under a strengthened Safeguard Mechanism.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close