Two facilities with Safeguard baselines far above their actual emissions are undergoing state assessment processes that could more tightly cap what they emit, irrespective of Safeguard changes.
The Clean Energy Regulator has dropped its usual practice of holding two ERF auctions each year, and will instead hold the next auction in March 2023, after the completion of the Chubb review.
The ACCC will ensure that competition law doesn't impede collaborative efforts to decarbonise, its senior executives have told a House of Representatives committee.
GreenCollar, the nation's largest environmental markets investor, and university researchers including Professor Andrew Macintosh, have jointly told the Chubb review they have shared concerns about Australia's carbon credits regime.
Just eight facilities account for half the emissions headroom that currently exists under the Safeguard Mechanism, according to a new analysis by Market Advisory Group.
A draft Safeguard credits Bill would prevent large emitters from earning ACCUs by reducing their scope 1 emissions, and would boost carbon trading transparency.
Climate risk disclosure should be mandatory for the ASX300, while coal and gas companies shouldn't get special treatment to protect their competitiveness, according to an investor climate alliance.
The federal government should consider setting a maximum price for Safeguard Mechanism Credits, according to the upstream oil and gas industry association.