Asia Pacific > Australian carbon industry pushes back against Safeguard crediting proposal

Australian carbon industry pushes back against Safeguard crediting proposal

Published 09:54 on July 15, 2020  /  Last updated at 23:13 on July 15, 2020  / Stian Reklev /  Asia Pacific, Australia

Australia’s proposal to issue carbon credits to big industrial emitters that beat their baselines under the Safeguard Mechanism raises deep concerns about the potential market impact, and should only be considered under certain strict conditions, according to the country’s leading carbon industry group.
Australia’s proposal to issue carbon credits to big industrial emitters that beat their baselines under the Safeguard Mechanism raises deep concerns about the potential market impact, and should only be considered under certain strict conditions, according to the country’s leading carbon industry group.


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