Manufacturers, mining companies and the transport industry will be among the key beneficiaries of a new regulation that allows ARENA to provide grants for electrification and energy efficiency.
In a move that helps paves the way to lower Safeguard baselines, the federal government has issued average emissions intensity values for industries including LNG, quarrying, and road freight transport.
Proposed Safeguard changes don't equate to an emissions trading scheme, and the Gillard government's low emission grants to manufacturers didn't deliver extra abatement, according to Treasury secretary Steven Kennedy.
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.
A Queensland environment group is relying on the EPBC Act's reconsideration provisions to ask for a re-evaluation of 19 major projects, because of their climate impacts.
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.
The climate change ministers of Australia and New Zealand will meet annually, Prime Minister Anthony Albanese and New Zealand's PM Jacinda Ardern announced in Sydney today.
Businesses including Woodside, Lion, Boral, and Fortescue have for the first time disclosed their progress towards meeting climate change goals, in new reports released by the Clean Energy Regulator.
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.