Australia loosens CO2 caps for more Safeguard facilities

Published 22:17 on December 12, 2019  /  Last updated at 06:39 on December 13, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator on Thursday issued new baselines for several facilities covered by the Safeguard Mechanism, allowing most of them to increase their CO2 emissions, including three of those that were forced to buy carbon credits to meet their targets last year.

Australia’s Clean Energy Regulator on Thursday issued new baselines for several facilities covered by the Safeguard Mechanism, allowing most of them to increase their CO2 emissions, including three of those that were forced to buy carbon credits to meet their targets last year.

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