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Hydro dominates CDM applications for CER credits

Dam-based hydro was more expensive than other CDM-creation abatement, but made up 26 per cent of CDM credits applications under the Kyoto rules.

(Full Article)


How to register to sell RECs - renewable credits - in Australia

The owner can choose to create RECs themselves, or to assign their right to create RECs to a Registered Agent .

(Full Article)


White paper: Carbon credits a financial instrument: not a commodity: banks'- preference, overuled

If carbon was a commodity, the Trade Practices Act regime (which involves economy-wide provisions relating to competition and consumer protection). On this basis, detailed market misconduct provisions (for example, those in the Corporations Act) would not apply.

(Full Article)


New RECs will act as an upfront capital cost subsidy worth around $7,500 for purchasers of solar PV systems, micro hydro and small wind generators

The 'Solar Credits' work by allowing owners of solar panels to earn five credits (called Renewable Energy Certificates, or RECs) for each mega-watt hour of solar energy produced by their solar panels. These RECs will act as an upfront capital cost subsidy worth around $7,500 for purchasers of solar PV systems.

(Full Article)


White Paper: New one year 'CPRS fuel credit' payment and credit for compressed natural gas (CNG) and liquefied natural gas (LNG) in transport

The new 'CPRS fuel credit' payment wasequal to the fuel tax cut to agriculture and fishing businesses for three years and to heavy on-road transport businesses for one year.

(Full Article)


White Paper: UNFCCC at Pozna refuses to allow CO2 dumps to get CDM credits: but Australian policy still pours money into CO2 dump plans

The Australian policy was ‘Carbon capture and storage (CCS) is one key technology that could allow coal to continue to play a major role in the world's energy supplies in a carbon constrained environment”.

(Full Article)


White Paper: no deforestation credits; special investigation of savanna burning trades in Northern Australia

Government does not propose to include deforestation in the Scheme. Australian deforestation emissions have reduced markedly since 1990, largely due to increased protections against land clearing.

(Full Article)


Post-CPRS policy: New COAG Principles for states on green mechanisms; feedin tariffs, local credits, NGACs, WARETs, GECs and green power

A set of principles to 'guide assessment of emission reduction measures and determine whether the measures complement emissions trading; was published by the December Coalition of Australian Governments meeting.

(Full Article)


AEU carbon credits perk up past $25 tonne as Poznam world climate meeting lead to 15 December policy statement on Australian carbon rules

More than 11,000 people were gathered in Poznan for Negotiations for  post-2012 regime rules are moving ahead on the basis of the Bali Action Plan adopted last December

(Full Article)