Australia puts out shadow carbon price guidance for electricity market starting at A$66/t

Published 08:11 on April 3, 2024  /  Last updated at 00:10 on April 4, 2024  / Mark Tilly /  Asia Pacific, Australia

Australia’s energy regulator has released draft guidance on its ‘value of emissions reduction’ (VER), which will act as a shadow carbon price to help guide regulatory policy decisions related to the National Electricity Market (NEM).
Australia’s energy regulator has released draft guidance on its ‘value of emissions reduction’ (VER), which will act as a shadow carbon price to help guide regulatory policy decisions related to the National Electricity Market (NEM).


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