ANALYSIS: Australia’s carbon market reforms please big industry, but for experts concerns linger

Published 10:27 on May 19, 2020  /  Last updated at 01:06 on May 20, 2020  /  Asia Pacific, Australia  /  1 Comment

Big emitters have welcomed Australia’s plans to fund bigger emission cuts through the country's carbon market mechanisms, though analysts warned the far-reaching changes could cause a huge influx of low-quality offsets without addressing the market’s stunted demand.

Big emitters have welcomed Australia’s plans to fund bigger emission cuts through the country’s carbon market mechanisms, though analysts warned the far-reaching changes could cause a huge influx of low-quality offsets without addressing the market’s stunted demand.

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1 Comment

  1. Lloyd Vas says:

    As they say, a camel is a horse designed by committee. While there are many proven emission reduction policies that have been implemented across the world, this current government has wasted the last seven years working on policies that have seen Australia’s emissions rise. I would like to be proven wrong, but this sounds like more of the same.

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