Australia to rely on voluntary demand to grow carbon market

Published 05:36 on May 29, 2020  /  Last updated at 21:29 on May 29, 2020  /  Asia Pacific, Australia  /  1 Comment

Australia is in the process of reforming its carbon market but the government will not put in place new policies to drive private sector demand, hoping instead for an increase in voluntary buying interest, Energy and Emission Reduction Minister Angus Taylor said Friday.

Australia is in the process of reforming its carbon market but the government will not put in place new policies to drive private sector demand, hoping instead for an increase in voluntary buying interest, Energy and Emission Reduction Minister Angus Taylor said Friday.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

1 Comment

  1. Lloyd Vas says:

    Last summer’s bushfires burnt an area the size of Portugal. In response, the Australian government hopes that it can achieve its modest Paris Agreement target. And should hope prove unsuccessful, then the option of using carry-over Kyoto units remains on the table. In short, Australia’s climate change policy is on based on hope and cheating if required.

Comment

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