Asia Pacific > Australia opens below baseline crediting consultation, int’l credits ruled out for now

Australia opens below baseline crediting consultation, int’l credits ruled out for now

Published 04:20 on October 10, 2022  /  Last updated at 04:41 on October 10, 2022  / Mark Tilly /  Asia Pacific, Australia, International, Paris Article 6, Voluntary

The Australian government has opened consultation on draft legislation needed to create Safeguard Mechanism Credits (SMCs), which will be rewarded to industrial facilities that stay below their emissions baselines.
The Australian government has opened consultation on draft legislation needed to create Safeguard Mechanism Credits (SMCs), which will be rewarded to industrial facilities that stay below their emissions baselines.


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