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Analysts see price upside in Australia’s next ERF auction despite spending cuts

Published 09:22 on May 29, 2018  /  Last updated at 00:31 on May 30, 2018  /  Asia Pacific, Australia  /  No Comments

Sophisticated developers might achieve as much as 20% above the average price in next week’s Emissions Reduction Fund (ERF) auction, experts said, even as the Clean Energy Regulator has announced it will spend less than in previous sales.

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Australia issues 445k fresh offsets, with Terra Carbon, Country Carbon earning biggest shares

Published 10:59 on May 25, 2018  /  Last updated at 09:31 on June 1, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week maintained its recent high level of offset issuances, handing out 445,065 carbon credits to 21 projects.

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Flexibility options weigh on regulator as it carves out details on Australia’s NEG

Published 11:57 on May 23, 2018  /  Last updated at 11:57 on May 23, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Energy Security Board backs a limit of around 10% on banking emissions over-achievement under the proposed National Energy Guarantee (NEG), but it has posed a number of questions regarding the use of flexibility options to stakeholders while leaving the use of offsets up to the government.

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Future of global carbon markets rests on China success -survey

Published 10:00 on May 22, 2018  /  Last updated at 09:03 on May 22, 2018  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, US, Voluntary Market  /  No Comments

The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.

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Court case could prove stumbling block for some Australian offset projects

Published 11:25 on May 21, 2018  /  Last updated at 14:49 on May 21, 2018  /  Asia Pacific, Australia  /  No Comments

An ongoing federal court case in Australia could cause problems with carbon offset issuance to a number of the nation’s savanna burning schemes.

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Australia hits 50m offset mark, though future remains uncertain

Published 10:40 on May 18, 2018  /  Last updated at 23:41 on May 18, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator this week issued 244,000 carbon credits, taking the total number issued since the programme started in Dec. 2012 past 50 million, although the majority of the units have been snapped up by the government itself.

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Australia’s emissions rise for third straight year

Published 10:30 on May 14, 2018  /  Last updated at 20:13 on May 14, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s greenhouse gas emissions rose 1.5% in 2017, according to official data released just days after the government halved its climate spending.

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Australia boosts offset earning potential for savanna burning projects

Published 10:56 on May 9, 2018  /  Last updated at 16:07 on May 9, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator on Wednesday released new methods for generating carbon credits from savanna burning projects in a move to ensure developers can also earn offsets for sequestering CO2.

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Australia halves climate spending, leaves offset fund cash-strapped in annual budget

Published 12:26 on May 8, 2018  /  Last updated at 18:34 on May 8, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s emerging offset market may languish for the next year after the government budget released Tuesday halved climate spending and failed to replenish the Emissions Reduction Fund (ERF).

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Australia should price carbon to lead low-emission energy revolution -Garnaut

Published 09:47 on May 8, 2018  /  Last updated at 18:29 on May 8, 2018  /  Asia Pacific, Australia  /  No Comments

Australia is in pole position to lead the clean energy revolution and should put a price on carbon to realise that potential, said economist Ross Garnaut.

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