New analysis showed a record 1.6 million Australian Carbon Credit Units were traded last week, with prices increasing by 11 per cent following safeguard changes.
Stock Market | FinancialContent Business Page financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.
CEFC backs Australian Carbon Industry Code of Conduct miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
“The minute you fix integrity, prices will go through the roof – the tap of crap will be turned off,” says former climate policy watchdog Andrew Macintosh.
A prominent group of Australian investors says Labor’s 43 per cent emissions target is only the first step ahead of a raft of necessary legislative and administrative changes to get the country on a trajectory to net zero by 2050.