Australian businesses want steeper climate targets and CO2 markets to help meet them, survey shows
An overwhelming majority of Australian business and industry think the government should strengthen its climate ambitions and develop a suite of market-based policies to meet them, a survey has found.
Read MoreAustralia’s Woodside starts approval process for 7 MtCO2e/yr LNG project
Australia’s biggest oil and gas exploration company has initiated the environmental approval process for a new LNG project that would emit up to 7 MtCO2e per year, enough to erase around a third of the carbon output saved through the Emissions Reduction Fund (ERF).
Read MoreAustralia issues 246k carbon credits to ERF-contracted projects
Australia’s Clean Energy Regulator this week issued 246,157 offsets to six projects that are all under contract with the government’s Emissions Reduction Fund (ERF).
Read MoreAustralian offset issuance balloons to 458k as major ERF contractors earn credits
Australia’s Clean Energy Regulator this week issued 458,135 carbon credits, with the majority awarded to major sellers to the government’s Emissions Reduction Fund (ERF).
Read MoreAustralia cancels ERF contracts for 2 mln carbon credits
Australia’s Clean Energy Regulator has terminated contracts with six projects meant to deliver a total 2 million offsets to the government’s Emissions Reduction Fund.
Read MoreCourt backs Australian offset regulator’s firm stance on landowner consent
A federal court on Thursday dismissed an application brought by developers Country Carbon calling for the Clean Energy Regulator’s demand for native title holder consent be restricted to sequestration projects.
Read MoreCoalition-led Australian state sets CO2 cap for new energy transition fund
The Coalition government in Australia’s New South Wales on Wednesday announced an Emerging Energy Programme with a CO2 cap that effectively rules out new coal plants, defying the federal government’s rejection to include climate change policy in energy planning.
Read MoreOntario replacement climate plan coming in November -minister
The Ontario government’s emissions reduction plan to replace its cancelled cap-and-trade programme is due next month, the province’s environment minister said Monday, with lawmakers considering approaches such as Australia’s reverse auction format.
Read MoreAustralian states should push for carbon price amid federal policy vacuum -report
Australian state governments should work together to develop a mechanism to drive crucial carbon emission cuts in the absence of a federal climate policy, a report said Monday.
Read MoreAustralian offset supply remains slow as weekly issuance stays below 100k
Australia’s Clean Energy Regulator issued 92,037 carbon credits to three projects this week, all of which are under contract with the government’s Emissions Reduction Fund.
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