Australia confirms major reform plans for ERF, Safeguard Mechanism

Published 03:45 on May 19, 2020  /  Last updated at 22:39 on May 19, 2020  /  Asia Pacific, Australia  /  No Comments

Australia on Tuesday confirmed it is planning major changes to its market-based climate policy package, which would include reforms such as crediting Safeguard Mechanism entities, awarding credits to carbon capture and storage projects, and allowing the use of renewable energy credits for voluntary offsetting.

Australia on Tuesday confirmed it is planning major changes to its market-based climate policy package, which would include reforms such as crediting Safeguard Mechanism entities, awarding credits to carbon capture and storage projects, and allowing the use of renewable energy credits for voluntary offsetting.

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