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.
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.
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.