Safeguard Mechanism baselines likely to tighten in upcoming review, bank predicts

Published 08:28 on September 23, 2024  /  Last updated at 08:28 on September 23, 2024  / /  Asia Pacific, Australia

The legislated review for Australia’s Safeguard Mechanism will likely see the scheme’s baselines tighten to meet more ambitious emissions reduction targets, which would ultimately be bullish for carbon credit prices, according to a bank’s analysis.
The legislated review for Australia’s Safeguard Mechanism will likely see the scheme’s baselines tighten to meet more ambitious emissions reduction targets, which would ultimately be bullish for carbon credit prices, according to a bank’s analysis.


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