I wonder if the value of carbon offsets purchased in Australia, will be pushed higher than expected, now that the purchase of overseas offsets have been rejected by the government?
Will the stalling of renewable energy projects in Australia, artificially inflate the value of the remaining few, as a limited source of Large- Scale Generation Certificates?
"The minister said the government rejected Xenophon's proposal to set aside A$500 million to buy U.N.-issued carbon offsets from abroad to ensure the target is met."
http://uk.reuters.com/article/2014/10/29/us-australia-climatechange-idUKKBN0II05V20141029
Add to My Watchlist
What is My Watchlist?