How will the carbon pricing mechanism impact your business?
15 July, 2011The Australian government has announced plans to introduce a carbon price mechanism from 1 July 2012. There will be a three-year fixed price period. The carbon price will start at $23 per tonne in 2012-13 and will be $24.15 in 2013-14 and $25.40 in 2014-15. From 1 July 2015 onwards, the carbon price will be set by the market. Under the plan, Australia will cut 159 million tonnes a year of carbon pollution from its atmosphere by 2020 - the equivalent of taking over 45 million cars off the road. In the article below, Elisa de Wit, Anthony Hobley, Noni Shannon and Dominic Adams from law firm Norton Rose Australia outline the impact of the carbon pricing mechanism on businesses.
Biofuels for a cleaner future
14 July, 2011Our cars, trucks and aeroplanes could soon run on fuel made from sugarcane waste thanks to the work of Queensland University of Technology (QUT) scientists at the Mackay Renewable Biocommodities Pilot Plant.
Price on pollution - for or against?
06 July, 2011This weekend the Gillard Government plans to announce a price on pollution as the central element of a comprehensive policy to tackle climate change, cut pollution and drive the transformation of the Australian economy to a clean energy future. Some business and industry sectors are saying it will provide more certainty while others say it will only further add to uncertainty.
Greenhouse calculator to measure your impact
27 June, 2011Families across Australia will be able to measure the impact of simple lifestyle changes on their carbon footprint in just 15 minutes through an online tool launched at RMIT University today.
Renewable energy flatlines without carbon price
24 June, 2011New research shows Australia’s renewable energy share has been declining since 1960 and Mark Wakeham from Environment Victoria says without a price on carbon, our economy will continue with ‘pollution as usual’.
Deal to acquire primary carbon credits
24 June, 2011Westpac has announced the completion of a deal with Perenia whereby the bank will off-take Primary Certified Emission Reductions (CERs) generated by a Clean Development Mechanism (CDM) registered hydro-electric project in northern India.
Carbon footprinting focus of food industry convention
03 June, 2011Discussions at the Australian Institute of Food Science & Technology convention will include a focus on carbon footprinting for food manufacturers, marketers, suppliers and retailers. The convention will be held from 10-12 July 2011 in Sydney.
Call for comment on farming carbon offset scheme
03 June, 2011A consultation paper has been released for public comment on the key regulations to underpin the Carbon Farming Initiative. The carbon offset scheme will financially reward farmers and landholders for reducing Australia’s carbon pollution.
Carbon footprinting focus for food industry
30 May, 2011The Australian Institute of Food Science & Technology (AIFST) convention being held 10-12 July 2011 in Sydney will focus on carbon footprinting for food manufacturers, marketers, suppliers and retailers.
Carbon jobs created as London company moves to Sydney
02 May, 2011The NSW Government has helped secure at least 106 jobs for the development of the state’s trading hub with the relocation of two London companies to Sydney.
carboNZeroCert program becomes stand-alone corporate
12 April, 2011The carboNZero program is changing to a stand-alone corporate business with a strong eye on international markets under the leadership of new Chief Executive Graham Carter and a fresh board of directors.
Achieving carbon emissions targets: market mechanisms work, other models fail
07 April, 2011Grattan Institute today released its latest energy report detailing the failure of past government initiatives to reduce carbon emissions. “A study of 14 years of Australian programs to tackle climate change shows that only a carbon market can reduce emissions quickly and deeply enough for Australia to meet its 2020 emissions target,” the CEO of Grattan Institute, Professor John Daley, said today on the launch of a new Grattan report - Learning the hard way: Australian policies to reduce carbon emissions.
Carbon forest sink project developer expands to New Zealand
06 April, 2011Australasia’s leading carbon forest sink project developer, Carbon Conscious Limited, has announced an expansion into the New Zealand market through a carbon forest sink deal agreed with a major Australasian energy company.
Logging reduction benefits to be calculated
31 March, 2011A new methodology to quantify the greenhouse gas benefits of projects that prevent forest degradation by curbing selective logging through improved forest management has been approved for use under the Verified Carbon Units (VCUs) CS Program.
