Chubb review in the spotlight as lead scientist calls CER’s interference “entirely inappropriate”
The lead scientist in the government’s independent review of Australia’s carbon market has described Clean Energy Regulator (CER) executives contacting scientists submitting feedback as “interference” and “entirely inappropriate”.
Read MoreAU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake
One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.
Read MoreINTERVIEW: Either have a market or don’t, Australian project veteran tells government, industry
A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.
Read MoreAustralian carbon trading firm raising A$25 mln – media reports
An Australian carbon trading company is seeking A$25 million ($17 mln) to expand into Asia, according to local media.
Read MoreAustralian trio’s reef credits method approved by market administrator
Three Australian companies have announced their method to allow landholders to earn reef credits from improved grazing land management that seeks to boost soil health and improve water quality at the Great Barrier Reef (GBR) has been approved by the market’s overseer.
Read MoreXpansiv, S&P, CME Group collaborate on ACCU market products
A group of global trading houses will collaborate to offer new price assessments and products focussed on the growing Australian Carbon Credit Unit (ACCU) market, they announced Thursday.
Read MoreQueensland coal miner granted state funding to cut emissions
A Queensland coal company covered by the Safeguard Mechanism has been granted funding from a state government initiative to cut carbon emissions from its operations.
Read MoreUnpublished Chubb review submission slams Australia’s carbon industry, calls for CAC exit decision to be referred to NACC
A blistering unpublished submission to the Chubb review on Australia’s carbon market that was run by local media Wednesday has decried what it said was a “self-congratulatory, inward looking, anti-competitive” industry.
Read MoreAustralia Market Roundup: Participants urge govt to show leadership on method development, regulator issues 1.4 mln ACCUs
Australian carbon market participants have urged the government to provide clear signals on which method developments it will prioritise to meet its climate goals, warning that the current lack of certainty is hampering investment.
Read MoreAustralia’s Clean Energy Regulator to launch new registry in November
The Clean Energy Regulator’s (CER) carbon, renewable energy, and nature unit registry that is currently in development is set to be finalised in November, according to its acting chair.
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