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Barrage of calls for carbon price piles pressure on Australia’s Turnbull

Published 09:08 on March 7, 2017  /  Last updated at 14:43 on March 7, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s conservative government is facing a barrage of calls to put in place a carbon intensity-based trading scheme to help modernise the nation’s electricity sector and cut emissions.

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BHP Billiton calls for carbon price on Australia’s electricity emissions

Published 07:00 on March 3, 2017  /  Last updated at 07:00 on March 3, 2017  /  Asia Pacific, Australia  /  No Comments

Australia should set a price on carbon emissions from electricity generation in order to cut greenhouse gas emissions while keeping its energy market reform technology neutral, BHP Billiton said Friday.

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Power generation, LNG production push up Australia’s carbon emissions

Published 11:31 on February 28, 2017  /  Last updated at 12:02 on February 28, 2017  /  Asia Pacific, Australia  /  No Comments

Emissions covered by Australia’s National Greenhouse and Energy Reporting (NGER) scheme rose 2.2% last year on increased electricity generation and a rise in LNG production activities, the Clean Energy Regulator said.

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Australia sees record low project registration as market turns back on ERF

Published 09:21 on February 27, 2017  /  Last updated at 12:27 on February 27, 2017  /  Asia Pacific, Australia  /  No Comments

A record low number of new carbon-cutting projects have registered ahead of Australia’s next Emissions Reduction Fund (ERF) auction, causing observers to question whether the mechanism could be revived even if the government were to top up funding.

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COMMENT: Labor’s climate policy could remove the need for renewable energy targets

Published 02:23 on February 21, 2017  /  Last updated at 02:23 on February 21, 2017  /  Asia Pacific, Australia  /  No Comments

An Australian Emissions Intensity Scheme would provide a stable carbon policy and would likely remove the need for fresh renewable energy targets in the future, argues the Grattan Institute’s Tony Wood.

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Australia’s Labor dithers under pressure on renewables but holds firm on emissions trading

Published 08:26 on February 16, 2017  /  Last updated at 10:27 on February 16, 2017  /  Asia Pacific, Australia  /  No Comments

As the Australian climate debate implodes in a clean coal versus renewables ruckus, the opposition Labor party appears to have softened its pro-renewables stance but on Thursday reaffirmed its intention to put in place an emissions intensity-based trading scheme for power generators.

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Australia sees slow uptake of new projects ahead of ERF auction

Published 09:43 on February 6, 2017  /  Last updated at 10:36 on February 6, 2017  /  Asia Pacific, Australia  /  No Comments

Registration of new carbon offset projects in Australia has slowed considerably, with only four gone through so far this year and with two weeks to the deadline to participate in April’s Emissions Reduction Fund auction.

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Industry to bear brunt of Australia’s climate efforts after govt rejects intensity scheme -report

Published 09:44 on January 30, 2017  /  Last updated at 09:44 on January 30, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s refusal to impose carbon regulations on energy generators means nearly half the nation’s CO2 cuts must be imposed on industry through the Safeguard Mechanism.

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CME partners with CBL to expand trade in California, EU carbon futures

Published 17:21 on January 24, 2017  /  Last updated at 17:21 on January 24, 2017  /  Americas, Asia Pacific, Australia, Canada, EMEA, EU ETS, International, Kyoto Mechanisms, US, Voluntary Market  /  No Comments

Exchange operators CME Group and CBL Markets have partnered to offer trade in California Carbon Allowance (CCA), EU Allowance (EUA) and CER futures on CBL’s platform, the firms announced Tuesday.

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Brisbane City Council buys Chinese offsets to go carbon neutral

Published 03:05 on January 20, 2017  /  Last updated at 16:22 on January 20, 2017  /  Asia Pacific, Australia, China, International, Kyoto Mechanisms  /  No Comments

Brisbane City Council in Australia has bought and cancelled nearly 400,000 CERs from Chinese wind projects to help offset its total emissions for 2017/18.

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