Australia Market Roundup: NSW sets 70% carbon reduction target, as regulator makes 2022’s last ACCU issuance

Published 08:12 on December 23, 2022  /  Last updated at 10:32 on December 23, 2022  /  Asia Pacific, Australia  /  No Comments

The New South Wales state government on Friday announced a new target of cutting greenhouse gas emissions 70% below 2005 levels by 2035, while the Clean Energy Regulator in its last issuance of the year distributed 325,000 new Australian Carbon Credit Units (ACCUs).

The New South Wales state government on Friday announced a new target of cutting greenhouse gas emissions 70% below 2005 levels by 2035, while the Clean Energy Regulator in its last issuance of the year distributed 325,000 new Australian Carbon Credit Units (ACCUs).

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