Asia Pacific > Chevron Australia urges protection against poor offset market liquidity

Chevron Australia urges protection against poor offset market liquidity

Published 11:58 on October 15, 2018  /  Last updated at 01:18 on October 16, 2018  / /  Asia Pacific, Australia

Australia should take steps to ensure that major emitters covered by the Safeguard Mechanism won’t face excessive penalty costs from high carbon prices stemming from poor liquidity in the offset market, oil major Chevron has told the Climate Change Authority (CCA).
Australia should take steps to ensure that major emitters covered by the Safeguard Mechanism won’t face excessive penalty costs from high carbon prices stemming from poor liquidity in the offset market, oil major Chevron has told the Climate Change Authority (CCA).


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