Today, we’re officially setting our new emissions reduction target for 2035.
Not only will our targets be one of the most ambitious in the world, we'll also be one of the only jurisidctions that have set a 2035 target.
A @RepuTexEnergy outlook forecasts that 74% of emissions reductions by Safeguard facilities could be done at source, while finding the price for #ACCUs could reach A$54-90 by 2030.
@CarbonPulse
https://t.co/ON5VwC4wZB
Bullish sentiment attributed to the release of the Safeguard Mechanism reform position paper helped to spur an uptick in prices and traded volumes in the ACCU offset market, with traded volumes just shy of a weekly record --> https://t.co/gdGBmaTMxR
Today's Safeguard Mechanism reform will trigger a "structural change" in Australia’s carbon market by requiring companies to reduce emissions in line with a net-zero emissions. Read our full statement (open link) --> trajectoryhttps://t.co/20YZXRBGqN
As the government prepares to announce its new Safeguard Mechansim framework, a raft of new market measures were announced last week. Click below for more [subscribers] --> https://t.co/dsBhhz21YR
From banks to industrial heavyweights, dozens of the biggest global companies tout themselves as “carbon neutral” thanks to purchases of carbon offsets that experts say are actually useless. https://t.co/9FANMCmGdp via @bbgvisualdata
Strong compliance demand for carbon credits and increased #ACCU issuance are likely to mute the potential market disruptions that could follow in the wake of the ongoing Chubb Review, according to @RepuTexEnergy.
🗞️@CarbonPulse
https://t.co/mZ7tXGplyB