Climate Change Minister Chris Bowen can appoint up to five new experts to a committee that is a key guardian of carbon credits integrity, after accepting three resignations.
The NSW government will overhaul key Treasury guidance to ensure climate risk is properly considered, and will require all agencies to report on progress towards climate change resilience.
Anglo American's Grosvenor coal mine has received a new Safeguard limit entitling it to emit six times more greenhouse gas than was forecast when it sought consent, highlighting deep flaws in the federal scheme, says the Australian Conservation Foundation.
Carbon credits from human-induced regeneration projects are trading at a premium, even though their integrity has been called into question, according to carbon and energy analyst RepuTex.
Current industry policy won't get Australia to net-zero because it's susceptible to lobbying by vested interests, and is based on poorly-designed grants and regulations, says a new Grattan Institute report.
The Albanese government will introduce a new regime of Safeguard credits, in conjunction with its plans to tighten limits on large emitters, Climate Change Minister Chris Bowen confirmed today.
A wide-ranging independent review of the ACCU regime will examine ways to improve it on multiple fronts, as well as investigating concerns about integrity.
There are three ways that Labor could strengthen controls on more than 200 of Australia's largest emitters, according to a new RepuTex analysis for the Carbon Market Institute.
Labor's Climate Change Bill will have four key elements, and a six-month review of the ERF offsets regime is about to get underway, Climate Change Minister Chris Bowen said today.