The Queensland government will legislate to have 80% of its energy supply coming from renewables by 2035, and will fund the transformation partly with coal royalties.
The federal government should consider setting a maximum price for Safeguard Mechanism Credits, according to the upstream oil and gas industry association.
Having limited, initial emissions headroom in the Safeguard isn't a problem, and Safeguard credits won't be cheap, according to carbon markets and policy expert Raphael Wood.
Safeguard emission limits should decline by 5.6% annually, and Australia should consider introducing an EU-style border carbon levy, according to the Carbon Market Institute.
The federal government should set a floor price for Safeguard credits to prevent excessive price volatility, according to the Australian Financial Markets Association.
The Northern Territory's industry department has questioned plans by the NT EPA to ask for estimates of scope 3 emissions when assessing large-emitting projects.
Allowing Safeguard facilities to use international units is off the table for now, but might be considered in the future, according to the government's Safeguard Taskforce.