Latest

Australia offset issuance booms, but little left for secondary market

Published 09:44 on January 15, 2018  /  Last updated at 15:13 on January 15, 2018  /  Asia Pacific, Australia  /  No Comments

Australia has issued nearly 1.7 million carbon credits over the past few weeks with the vast majority going to projects under government contract, leaving little fresh supply for the secondary market.

Read More
Latest

CBL Markets partners with Australian small investor platform for voluntary offsetting 

Published 21:30 on January 10, 2018  /  Last updated at 23:00 on January 10, 2018  /  Asia Pacific, Australia, Voluntary Market  /  No Comments

Exchange operators CBL Markets have partnered with Acorns Australia to offer voluntary offsetting to the small investor platform’s 370,000 users.

Read More
Latest

Abbott-led faction attacks Australia plan to buy international carbon credits

Published 09:55 on January 3, 2018  /  Last updated at 18:29 on January 3, 2018  /  Asia Pacific, Australia  /  No Comments

Australia’s entrance into the international carbon market could be blocked over opposition from a powerful right-wing faction within the ruling Coalition government.

Read More
Latest

Australia open to buying foreign credits, snubs calls for new climate policies

Published 08:39 on December 19, 2017  /  Last updated at 20:52 on December 19, 2017  /  Asia Pacific, Australia  /  No Comments

Australia on Tuesday said it “in principle” supports buying international carbon credits but its long-awaited climate policy review dismissed the need for new climate policies, despite the country being on track to miss its Paris Agreement target by some 900 million tonnes of CO2e.

Read More
Latest

Terra Carbon gets biggest share in latest Australian offset issuance

Published 09:06 on December 15, 2017  /  Last updated at 09:06 on December 15, 2017  /  Asia Pacific, Australia  /  No Comments

Developers Terra Carbon received more than 100,000 Australian Carbon Credit Units (ACCUs) this week from a project type the Climate Change Authority has defended against claims of non-additionality.

Read More
Latest

Offset purchases drop to new lows in Australia’s latest ERF auction

Published 01:47 on December 14, 2017  /  Last updated at 10:20 on December 14, 2017  /  Asia Pacific, Australia  /  No Comments

Australia bought 7.95 million offsets in last week’s Emissions Reduction Fund auction, the Clean Energy Regulator said Thursday, marking the lowest volume in any of the six auctions held so far.

Read More
Latest

COMMENT: The Australian government is miscounting greenhouse emissions reductions

Published 01:35 on December 13, 2017  /  Last updated at 01:35 on December 13, 2017  /  Asia Pacific, Australia  /  No Comments

Research has found serious issues with Australia’s Emissions Reduction Fund, from giving unnecessary funds, to counting decade-old projects as new emissions “reductions”, writes Melbourne Law School researcher Tim Baxter.

Read More
Latest

Australia to review major ERF offset methods amid integrity concerns

Published 10:10 on December 12, 2017  /  Last updated at 17:43 on December 12, 2017  /  Asia Pacific, Australia  /  No Comments

Australia on Tuesday announced it will review two offset methodologies that account for nearly half the carbon credits contracted by the government, and which were flagged as potentially problematic by the Climate Change Authority earlier this week.

Read More
Latest

Global forest carbon finance falls 25% in 2016, report finds

Published 21:40 on December 11, 2017  /  Last updated at 21:40 on December 11, 2017  /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, International, Kyoto Mechanisms, New Zealand, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Global funding for efforts to store carbon in forests dropped 25% to $662.1 million in 2016, according to Ecosystem Marketplace’s annual report on the state of forest carbon finance.

Read More
Latest

Australia’s “well-functioning” ERF at risk of under delivering, review finds

Published 10:20 on December 11, 2017  /  Last updated at 15:44 on December 11, 2017  /  Asia Pacific, Australia  /  No Comments

Australia’s Emissions Reduction Fund (ERF) is generally performing well but is at risk of delivering fewer emission cuts than anticipated, and the government should take action to limit that, a review by an independent advisory body has found.

Read More

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close