Legal experts deal blow to Australia’s plans for new coal plants
Australia’s plan to build new coal-fired power plants with taxpayer money might fail after legal experts said it would need parliament’s approval.
Read MoreAustralian offset issuance grounds to near halt
Australia’s Clean Energy Regulator issued fewer than 10,000 new carbon credits this week, as most projects seeking to earn credits in time for the Safeguard mechanism compliance deadline have done so over the past two months.
Read MoreDeparting boss of Australia’s CMI to join carbon offset firm
The departing CEO of Australia’s Carbon Market Institute (CMI) business association will join an offset specialist firm in his new role.
Read MoreWorld Bank carbon fund inks first REDD payment deals
Two African nations will receive over $100 million for protecting some of their forests under the World Bank’s Forest Carbon Partnership Facility (FCPF), the agency announced on Tuesday, jump-starting the first REDD payouts from the facility’s Carbon Fund since it launched at the beginning of the decade.
Read MoreAustralia’s weekly offset issuance drops below 50k
After a flying start to the year, offset issuance by Australia’s Clean Energy Regulator this week fell back considerably to below 50,000.
Read MoreAustralia’s chief scientific body urges discounting for big chunk of ERF-bound offsets
Offset crediting from projects set to deliver nearly 100 million carbon credits to the Australian government should be subject to discounts due to doubts about their environmental integrity, according to the nation’s top scientific body CSIRO and the New South Wales state government.
Read MoreAustralian carbon industry group parts ways with CEO
The CEO of Australia’s Carbon Market Institute has left the business association after six years to pursue other opportunities.
Read MoreAustralia issues 345k ACCUs in high-supply start to year
Australia’s Clean Energy Regulator this week issued nearly 345,000 carbon credits, taking the total number issued in the first month of the year to a sixth of the entire amount issued for all of FY2017-18.
Read MoreAustralia issues 1.86 mln offsets to ease concerns over Safeguard supply shortfall
Australia’s Clean Energy Regulator has issued 1.86 million new carbon credits, it said Friday, adding supply to the market ahead of next month’s annual compliance deadline for Safeguard Mechanism entities.
Read MoreAustralian business group floats options for baseline-and-credit scheme
Business group Carbon Market Institute on Tuesday outlined a strategy with options for how Australia can transition the Safeguard Mechanism into a carbon trading programme, just weeks before the opposition Labor party is expected to present a similar plan ahead of May elections.
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