WebOct 24, 2024 · At the end of December, the Independent Review of Australian Carbon Credit Units (ACCUs), led by Professor Ian Chubb (the Chubb Review), will provide advice to the government on Australia’s carbon crediting framework, including the integrity of key carbon farming methods and current governance arrangements. WebJan 24, 2024 · The acceptance of the Chubb Review is an explicit endorsement of the ongoing integrity of the ACCU market. And, as a signatory to the Paris Climate Agreement, this creates direct links between the Australian carbon market and the country’s Nationally Determined Contributions (NDCs) to reduce emissions.
Carbon markets: ACCU prices start to rally with safeguard …
WebApr 10, 2024 · Furthermore, with ACCU integrity a major issue for key climate-focused parliamentarians, the supply of ACCUs is likely to be reduced in the future, driving costs higher. ... The government is yet to implement all the recommendations of the Chubb Review into Australian Carbon Credit Units. Questions about their use and integrity will … WebJan 23, 2024 · With the Chubb-review underway in the middle of the year, the ACCU market lingered between $28 and $35 with relatively low volumes traded. ... ACCUs are commonly priced in three tiers, with the cheapest … pentair pool pump sand filter
Australian Government response to the Independent Review of …
WebJan 11, 2024 · Earlier this week, the Hon Chris Bowen released the final report of the Independent Review of Australian Carbon Credit Units (ACCUs), with the Government accepting, in principle, all 16 recommendations by the panel, led by former Chief Scientist Professor Ian Chubb AC. NFF President Fiona Simson said a high level of confidence … WebJan 12, 2024 · "The Chubb Review did suggest there be no more ACCUs issued in respect of avoided deforestation projects," Derrington noted. "However, it somewhat skirted around the reasons why - rather than addressing the criticisms raised in respect of that method, it relied on the fact that the method is due to be reviewed shortly anyway, and suggested ... WebThe government appointed an independent panel to review the integrity of Australian Carbon Credit Units (ACCUs) under the Emissions Reduction Fund. The independent panel was comprised of Professor Ian Chubb AC (Chair), the Hon Dr Annabelle Bennett … pentair pool remote not working