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Coalition government s pre-election carbon credit shake-up created sovereign risk , department warned - 25-Jul-2022

Then-energy minister Angus Taylor blindsided the carbon market with a decision that effectively ripped up contracts worth billions of dollars. Previously secret documents reveal the government was repeatedly warned about the chaos that could occur.

Chris bowenIan chubbAlannah petonyJo evanAngus taylorJohn connorAndrew macintoshJennifer bradleyClimate market instituteCarbon market instituteOffice of best practice regulationMarket advisory groupExpenditure review committeeDepartment of industryDepartment of theEmissions reduction assurance committee

Coalition government s pre-election carbon credit shake-up created sovereign risk , department warned - 25-Jul-2022

Coalition government s pre-election carbon credit shake-up created sovereign risk , department warned - 25-Jul-2022
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Chris bowenIan chubbAlannah petonyJo evanAngus taylorJohn connorAndrew macintoshJennifer bradleyClimate market instituteCarbon market instituteOffice of best practice regulationMarket advisory groupExpenditure review committeeDepartment of industryDepartment of theEmissions reduction assurance committee

Coalition government s pre-election carbon credit shake-up created sovereign risk , department warned - 25-Jul-2022

Surge In Australian Corporate Climate Activity

Carbon Market Institute SYDNEY APRIL 22, 2021: As world leaders join US President Joe Biden for his landmark climate summit starting tonight, Australian corporate interest and activity in climate action is surging, says independent industry association Climate Market Institute (CMI). Membership to the CMI has grown 36% this financial year with Coles signing on this month as the 100th member, following the retailer’s commitment to using 100% renewable electricity by the end of FY25, reducing Scope 1&2 emissions by more than 75% by the end of FY30 (from a FY20 baseline) and achieving net-zero emissions by 2050. Other recent CMI sign-ups include the NAB, HSBC, futures exchange FEX Global, regenerative farming business Macdoch Ag Group, carbon capture & storage research facility CO2CRC, and petroleum company Ampol.

Brian priceThinus keeveJohn connorLes hoskingEric lawrenceDavid byersJoe bidenColes groupWilmot cattle coClimate market instituteMacdoch ag groupCarbon market instituteCarbon marketBiden summitSafeguard mechanismChief sustainability