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Australian businesses want steeper climate targets and CO2 markets to help meet them, survey shows

Published 21:01 on November 19, 2018  /  Last updated at 10:18 on November 19, 2018  /  Asia Pacific, Australia  /  No Comments

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.

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Australia’s Woodside starts approval process for 7 MtCO2e/yr LNG project

Published 10:36 on November 19, 2018  /  Last updated at 14:38 on November 19, 2018  /  Asia Pacific, Australia  /  No Comments

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).

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Australia issues 246k carbon credits to ERF-contracted projects

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

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).

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Australian offset issuance balloons to 458k as major ERF contractors earn credits

Published 09:44 on November 9, 2018  /  Last updated at 09:44 on November 9, 2018  /  Asia Pacific, Australia  /  No Comments

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).

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Australia cancels ERF contracts for 2 mln carbon credits

Published 09:46 on November 2, 2018  /  Last updated at 12:02 on November 2, 2018  /  Asia Pacific, Australia  /  No Comments

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.

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Court backs Australian offset regulator’s firm stance on landowner consent

Published 10:48 on November 1, 2018  /  Last updated at 20:50 on November 1, 2018  /  Asia Pacific, Australia  /  No Comments

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.

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Coalition-led Australian state sets CO2 cap for new energy transition fund

Published 10:10 on October 31, 2018  /  Last updated at 21:03 on October 31, 2018  /  Asia Pacific, Australia  /  No Comments

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.

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Ontario replacement climate plan coming in November -minister

Published 20:17 on October 29, 2018  /  Last updated at 22:02 on October 29, 2018  /  Americas, Australia, Canada, Carbon Taxes  /  No Comments

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.

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Australian states should push for carbon price amid federal policy vacuum -report

Published 11:18 on October 29, 2018  /  Last updated at 11:51 on October 29, 2018  /  Asia Pacific, Australia  /  No Comments

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.

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Australian offset supply remains slow as weekly issuance stays below 100k

Published 09:51 on October 26, 2018  /  Last updated at 21:37 on October 26, 2018  /  Asia Pacific, Australia  /  No Comments

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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