Australia commits A$280 mln to buy offsets from large industrial facilities

Published 04:04 on May 12, 2021  /  Last updated at 09:10 on May 12, 2021  /  Asia Pacific, Australia  /  No Comments

Australia will spend A$280 million ($219 mln) over the next decade to buy carbon credits from large industrial facilities cutting emissions below their Safeguard Mechanism baselines.

Australia will spend A$280 million ($219 mln) over the next decade to buy carbon credits from large industrial facilities cutting emissions below their Safeguard Mechanism baselines.

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