Friday, October 30, 2020
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Industry key to Labor’s climate plan

The 250 biggest polluters must either cut their emissions or buy credits to offset any above a baseline level, and they would again be allowed to buy from international markets. But experts say it might be a moot point with Australian abatement among the cheapest globally, at about $15 a tonne. While it is not clear yet which international markets Australian...

Linking of the Swiss and EU emissions trading systems: CO2 Ordinance revision enters consultation phase

On 25 March 2019, the Federal Department of the Environment, Transport, Energy and Communications (DETEC) opened the consultation on the partial revision of the current CO2 Ordinance. The amendment is needed so that the Swiss and EU emissions trading schemes (ETS) can be linked. From 2020, emissions from civil aviation and fossil power plants will be included in the...