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Australia to hold next ERF auction on Dec. 10-11

Published 09:05 on September 20, 2018  /  Last updated at 12:15 on September 20, 2018  /  Asia Pacific, Australia  /  No Comments

Australia will hold the next auction under the Emissions Reduction Fund (ERF) on Dec. 11-12, with spending again likely to be below the A$100-million mark, the Clean Energy Regulator said Thursday.

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Australian minister says keen to top up ERF budget

Published 12:30 on September 17, 2018  /  Last updated at 22:42 on September 17, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s new environment minister Melissa Price on Monday gave the nation’s offset market a boost by saying she was seeking to top up the budget of the Emissions Reduction Fund (ERF), making her the first government member to openly pursue this since the A$2.55 billion fund was established.

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Australia launches new offset method to drive industrial carbon reductions

Published 10:00 on September 12, 2018  /  Last updated at 02:35 on September 13, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator on Wednesday introduced a new offset method aimed at driving deeper emission cuts at industrial facilities whose involvement in the scheme has been minimal so far.

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Australia drops NEG, won’t sign Paris Agreement into law

Published 09:48 on September 10, 2018  /  Last updated at 16:22 on September 10, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s government won’t pursue its proposed National Energy Guarantee (NEG) policy and has decided not to legislate its emissions targets under the Paris Agreement, Prime Minister Scott Morrison said.

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Australia to toughen offset issuance procedures

Published 10:37 on September 7, 2018  /  Last updated at 00:18 on September 8, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator (CER) on Friday said it would strengthen checks of offset applications, especially for forest regeneration projects, from which the government has bought around 90 million carbon credits.

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COMMENT: Australia is not on track to reach 2030 Paris target (but the potential is there)

Published 08:14 on September 6, 2018  /  Last updated at 08:14 on September 6, 2018  /  Asia Pacific, Australia, Conversations, Views  /  No Comments

While Australia is coming to terms with yet another new prime minister, one thing that hasn’t changed is the emissions data: Australia’s greenhouse gas emissions are not projected to fall any further without new policies, writes Anna Skarbek of ClimateWorks Australia.

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Australian landfills gas firm earns 840k carbon credits

Published 10:32 on August 31, 2018  /  Last updated at 18:28 on August 31, 2018  /  Asia Pacific, Australia  /  No Comments

Australian waste specialist firm LMS Energy this week received over 840,000 carbon credits for emission reductions at landfill sites across the nation.

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Australia set to stay in Paris deal amid trade concerns

Published 10:37 on August 28, 2018  /  Last updated at 23:19 on August 28, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s new prime minister will defy calls from his party’s right-wing faction to ditch the Paris Agreement, partly over concerns that leaving would jeopardise ongoing talks with the EU over a free trade agreement, local media reported Tuesday.

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Australia seeks to breathe life into dormant aviation offset programme

Published 11:01 on August 27, 2018  /  Last updated at 00:09 on August 28, 2018  /  Asia Pacific, Australia  /  No Comments

Australia has launched a review into its project methodology for allowing airliners to earn carbon credits, after seeing more than three years go by without issuing a single offset to the aviation industry.

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Australia’s Cabinet appointments confirm business-as-usual on climate policy

Published 10:52 on August 27, 2018  /  Last updated at 00:13 on August 28, 2018  /  Asia Pacific, Australia  /  No Comments

Australia appears set to extend its policy inertia on climate change issues after new Prime Minister Scott Morrison over the weekend emphasised his focus would be on bringing down electricity prices, while appointing a renewables opponent as his new energy minister.

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