BHP Billiton coal mine earns 239k carbon credits
A subsidiary of Australian mining major BHP Billiton this week received nearly 240,000 carbon credits for capturing and combusting methane emissions from one of its coal mines in New South Wales.
Read MoreAustralia’s weak NEG target to push up power prices -report
Australia’s main argument to stick to a modest emissions target under the proposed National Energy Guarantee (NEG) is to avoid electricity price hikes, but wholesale power prices could be 25% cheaper by 2030 with a more ambitious goal, analysts said on Friday.
Read MoreState minister says Australia’s NEG unacceptable in current version
ACT Climate Minister Shane Rattenbury has thrown fresh doubt on the Australian federal government’s ability to pass the proposed National Energy Guarantee (NEG), saying his state won’t sign up to the scheme unless its emission reduction ambition is raised.
Read MoreAustralia’s national park authority earns first carbon credits for controlled fires
Australia’s Clean Energy Regulator this week issued over 77,000 offsets to the Director of National Parks, the first time the federal agency has earned credits for its efforts to control savanna fires.
Read MoreAustralia issues 368k carbon credits
Australia’s Clean Energy Regulator has issued 367,879 carbon credits over the past two weeks, with a NSW-based forestry scheme earning nearly a third of the volume.
Read MoreWeak NEG could more than double Australia’s carbon price -analysts
Australia’s carbon price could more than double by 2030 as the weak CO2 target for electricity generation will force higher costs on other sectors, analysts said Wednesday.
Read MoreAustralian offset veteran leaves GreenCollar Group to start advisory firm
The head of environmental markets and strategy at Australia’s biggest carbon project developer has left the company to set up his own offset advisory firm.
Read MoreAustralian industry groups urge MPs to approve NEG
Representatives for major Australian business groups on Tuesday met with Coalition MPs to urge them to approve the National Energy Guarantee (NEG).
Read MoreAustralia terminates contracts for 4.5m carbon credits
Australia’s Clean Energy Regulator has terminated four more contracts through which its Emissions Reduction Fund had agreed to buy almost 4.5 million offsets.
Read MoreAustralian group rolls out carbon market code of conduct to boost transparency, safeguard offset quality
Australia’s Carbon Market Institute has published a code of conduct for the nation’s carbon industry, which it hopes can help guarantee the quality of emission reductions projects and the accountability of market participants.
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