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Tighter CO2 baselines for Australia a matter of when, not if -analysts

Published 09:40 on March 29, 2017  /  Last updated at 14:56 on March 29, 2017  /  Asia Pacific, Australia  /  No Comments

Tightening emission baselines for its 140 biggest emitters has become unavoidable if Australia is to meet its Paris Agreement obligations, analysts said Wednesday, a move that would likely drive carbon credit demand from large industrial facilities over the next decade.

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Voluntary market data from CTX for Mar. 24, 2017

Published 21:55 on March 24, 2017  /  Last updated at 21:55 on March 24, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by Carbon Trade Exchange (CTX).

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Australia keeps foreign carbon offsets in play in broad climate policy review paper

Published 09:40 on March 24, 2017  /  Last updated at 12:27 on March 27, 2017  /  Asia Pacific, Australia  /  No Comments

Australia on Friday released a long-awaited discussion paper on this year’s climate policy review that avoided much detail but kept the use of international units as an option for meeting future emission targets.

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Australia seeks to ease market access for savanna projects

Published 12:29 on March 23, 2017  /  Last updated at 17:54 on March 23, 2017  /  Asia Pacific, Australia  /  No Comments

Australian Energy and Environment Minister Josh Frydenberg on Thursday introduced a bill seeking to fix issues that have made it hard for some savanna projects to enter the carbon market.

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Analysts predict Australia must pay higher prices for offsets as interest wanes

Published 09:42 on March 21, 2017  /  Last updated at 16:52 on March 21, 2017  /  Asia Pacific, Australia  /  No Comments

The low interest in signing up for next month’s Emissions Reduction Fund (ERF) auction means the Australian government is likely to have to pay higher prices for emission reduction contracts, analysts Reputex said.

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Voluntary market data from CTX for Mar. 17, 2017

Published 11:43 on March 17, 2017  /  Last updated at 11:43 on March 17, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by Carbon Trade Exchange (CTX).

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Regulator expects lower participation in Australia’s next ERF auction

Published 08:45 on March 16, 2017  /  Last updated at 13:42 on March 16, 2017  /  Asia Pacific, Australia  /  No Comments

Participation in next month’s Australian Emissions Reduction Fund (ERF) auction is likely to be lower than for previous sales, the Clean Energy Regulator said Thursday, raising the prospect that the limited budget the fund has left might even be enough for another auction later in the year.

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Voluntary market data from CTX for Mar. 10, 2017

Published 12:08 on March 10, 2017  /  Last updated at 12:08 on March 10, 2017  /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Mexico, Middle East, Other APAC, South & Central, US, Voluntary Market  /  No Comments

A table of Verified Emission Reduction (VER) prices and offered volumes, based on voluntary market data provided by Carbon Trade Exchange (CTX).

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Australia’s Climate Institute to shut down

Published 14:08 on March 8, 2017  /  Last updated at 14:08 on March 8, 2017  /  Asia Pacific, Australia, Bavardage  /  No Comments

Australian think-tank The Climate Institute will shut down in June after failing to secure fresh funding, local media reported.

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Australia can’t rely on “clean coal” for Paris target, report finds

Published 13:01 on March 8, 2017  /  Last updated at 10:31 on March 8, 2017  /  Asia Pacific, Australia  /  No Comments

The Australian government has in recent weeks been pushing for fresh investments in so-called “clean coal” to cut emissions and ensure a stable electricity system, but effective technology won’t be commercially viable until 2030 and can’t help meet the country’s climate targets, a study released Thursday found.

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