Labor has ruled out banning new fossil fuel developments. Even so, there are many climate deals the government and the Greens could strike
As the world’s largest archipelagic state, Indonesia has great potential to earn carbon credits to protect its endangered mangroves and seagrass – which now store around 17% of global “blue carbon”.
The safeguard mechanism is supposed to stop Australia’s largest polluters from emitting over a certain threshold. It’s been widely criticised for lacking teeth, and is finally under review.
Right now, the safeguard mechanism meant to reduce emissions is not fit for purpose. Labor is exploring ways to fix it - and create a proper pollution market.
The war in Ukraine threatens to turn back the clock on Russia’s climate progress, with some calling on the country to leave the Paris Agreement and roll back environmental regulations.
What should be done to enhance Indonesia’s emission trading scheme’s accountability? We list three points to consider to further enhance the scheme’s transparency.
Indonesia has embarked on its carbon-pricing journey. However, many elements regarding the scheme remain unknown. Here’s what we need to know before the pilot project commenced.
Emissions trading systems are supposed to speed up decarbonisation, but they are not yet capable of doing so in practice.
The dust has settled on COP26 and one of the summit’s few achievements looks decidedly less impressive.
The Australian Labor Party has options on emissions reduction targets, but it is still running scared from the best mechanism to achieve them.
Stabilising Earth’s climate depends on a lot more than deals struck at conferences like Glasgow. But those agreements set a frame for real-world decisions.
Uncertainty about carbon market rules will be problematic for New Zealand, given its reliance on overseas carbon trading to meet its new climate pledge.
The prime minister road-tested an avalanche of slogans on Wednesday, some of them clearly false.
A global emissions-credit trading system could bring an end to the production of coal-fired electricity, spur innovation and help countries meet their greenhouse gas emissions goals.
Australia’s top economists say Australia can’t “free-ride”, allowing others to cut emissions while it gets the benefits.
Aaron Simmons, University of New England; Annette Cowie, University of New England; Brian Wilson, University of New England; Mark Farrell, CSIRO; Matthew Tom Harrison, University of Tasmania; Peter Grace, Queensland University of Technology; Richard Eckard, The University of Melbourne; Vanessa Wong, Monash University, and Warwick Badgery, The University of Melbourne
If problems in such schemes are not addressed, the credibility of soil carbon trading will be undermined. Ultimately the climate - and the planet - will be the loser.
In setting new tax on the carbon emissions of goods being imported into the bloc, there are two potential disasters for EU to avoid.
CEOs, including at oil companies and airlines, are relying on trees and oceans to capture and store carbon for them, but the numbers don’t add up.
Recent bushfires and extreme weather are just a small taste of what is to come if this week’s climate negotiations in Madrid fail to deliver.
Nations are struggling to agree on how international carbon trading should work under the Paris accord. A weak result would undermine global efforts to fight climate change.