Asia Pacific > Compliance Markets & Taxes > Australia opens below baseline crediting consultation, int’l credits ruled out for now

Australia opens below baseline crediting consultation, int’l credits ruled out for now

Published 04:20 on October 10, 2022 / Last updated at 04:41 on October 10, 2022 / / Asia Pacific (Compliance Markets & Taxes, Pacific), International (Paris Article 6/PACM), Voluntary (VCM Governance)

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The Australian government has opened consultation on draft legislation needed to create Safeguard Mechanism Credits (SMCs), which will be rewarded to industrial facilities that stay below their emissions baselines.
The Australian government has opened consultation on draft legislation needed to create Safeguard Mechanism Credits (SMCs), which will be rewarded to industrial facilities that stay below their emissions baselines.


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