NT cuts red tape and lifts environmental standards

The Australian Government congratulates the Northern Territory Government on raising environmental standards as part of their ongoing commitment to reforming the Territory’s environmental regulatory system. This is a clear example of the Australian Government’s One-Stop Shop policy raising environmental standards in Australian States and Territories. Key features of the Northern Territory are designed to meet…

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Second Emissions Reduction Fund auction secures 45 million tonnes of emissions reduction at $12.25 per tonne

The second Emissions Reduction Fund auction, conducted by the independent Clean Energy Regulator, has awarded contracts for 45.5 million tonnes of emissions reduction at an average price of $12.25 per tonne. The second auction has delivered an even lower average cost per tonne of abatement than the first auction, where 47 million tonnes of emissions…

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