Australia’s biggest emitters avoid need for offsets under Safeguard Mechanism

Published 03:42 on March 31, 2021  /  Last updated at 08:38 on March 31, 2021  /  Asia Pacific, Australia  /  No Comments

The 215 facilities covered by Australia’s Safeguard Mechanism emitted 143 MtCO2e in FY2019-20, but only a handful of smaller installations had to surrender offsets to meet their targets, according to Clean Energy Regulator data.

The 215 facilities covered by Australia’s Safeguard Mechanism emitted 143 MtCO2e in FY2019-20, but only a handful of smaller installations had to surrender offsets to meet their targets, according to Clean Energy Regulator data.

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