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Showing 21 - 30 of 34 results for "Safeguard Mechanism"

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... and establishing sector by sector goals to 2050. Further, IGCC has recommended that government ensure the Safeguard Mechanism is aligned with 1.5°C, and establish policies that unlock private sector investment in adaptation and include climate risk ...

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
The federal government has launched a review of the Safeguard Mechanism as part of its overall policy to reduce Australia's carbon emissions by 43% by 2030. The government is seeking consultation on the proposed review and reform of the Safeguard Mechanism ...

Fixing Australia's complicated carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
... that "parts of the market that contribute to meeting Australia's emissions reduction target, such as the Safeguard Mechanism, are isolated from the voluntary market used by companies and other organisations. And the voluntary market is largely remote ...

Does Canberra's agenda align with sustainable investment?

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
... Fund to support new-energy industries, plus $1.1 billion to go towards green skills and a "revamp of their Safeguard Mechanism - the pollution threshold that underpins Australia's carbon credit scheme -driving greater clarity and accountability for big ...

Labor victory likely to increase ACCU demand: CBA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
... that Labor's plan to achieve its 43% emissions reduction target by 2030 involves two proposed changes to the Safeguard Mechanism, which was introduced in 2016 to limit emissions from Australia's largest carbon-intensive facilities (100,000 tonnes of ...

Carbon offsets essential to net zero ambitions: Grattan Institute

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... offsets because of the robust nature of Australian Carbon Credit Units (ACCUs) and their use as part of the Safeguard Mechanism. The Safeguard Mechanism requires Australia's largest greenhouse gas emitters to keep their net emissions below a baseline ...

Significant cuts to industrial emissions required: Grattan Institute

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 AUG 2021  |  NEWS
... years." The first pathway to ratchet up action in the industrial sector is adjusting the Commonwealth's existing Safeguard Mechanism, which sets baselines for big industrial emitters. It should be modified and extended. Existing facilities should be ...

IPCC report highlights need for urgent action in Australia: CMI

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... cap-and-trade market that puts a price on carbon emissions with mandatory participation. He points to the Safeguard Mechanism, which requires Australia's largest greenhouse gas emitters to keep their net emissions below a baseline emissions limit ...

Auction system proposed to halve electricity emissions

RACHEL ALEMBAKIS  |  TUESDAY, 22 DEC 2020  |  NEWS
... unplanned coal-fired generator closures. The paper suggests setting sectoral emissions caps under the existing Safeguard Mechanism, which could be applied to coal-fired generators down to 50% by 2030, setting the stage for participation in a CPM. Under ...

Carbon Market Institute calls for clarity in safeguard mechanism, Emissions Reduction Fund

RACHEL ALEMBAKIS  |  FRIDAY, 13 OCT 2017  |  NEWS
... Institute (CMI) is calling for the government to provide clarity on the Direct Action Plan and specifically the safeguard mechanism and Emissions Reduction Fund (ERF) and outline how the policies will "evolve" to meet targets under the Paris Agreement. ...