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  /  Asia Pacific, Australia, International, Paris Article 6, Voluntary  /  No Comments

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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