Australia to hold next ERF auction on Dec. 10-11
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.
Read MoreAustralian minister says keen to top up ERF budget
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.
Read MoreAustralia launches new offset method to drive industrial carbon reductions
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.
Read MoreAustralia drops NEG, won’t sign Paris Agreement into law
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.
Read MoreAustralia to toughen offset issuance procedures
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.
Read MoreCOMMENT: Australia is not on track to reach 2030 Paris target (but the potential is there)
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.
Read MoreAustralian landfills gas firm earns 840k carbon credits
Australian waste specialist firm LMS Energy this week received over 840,000 carbon credits for emission reductions at landfill sites across the nation.
Read MoreAustralia set to stay in Paris deal amid trade concerns
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.
Read MoreAustralia seeks to breathe life into dormant aviation offset programme
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.
Read MoreAustralia’s Cabinet appointments confirm business-as-usual on climate policy
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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