Environmental Upgrade Agreements

Environmental Upgrade Agreements

It’s been a bit of a bleak few months in the energy efficiency space. The repeal of the carbon price removed a price signal that clearly favoured energy efficient investment; the defunding of the Energy Efficiency Opportunities (EEO) program relieved companies of the need to go out and seek opportunities to reduce their energy consumption; and the Victorian Government’s commitment to repeal the Victorian Energy Efficiency Target (VEET) scheme if re-elected has introduced further uncertainty into an area that already has its fair share of doubt.

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Valuing co-benefits to drive investment in carbon projects

Valuing co-benefits to drive investment in carbon projects

The recent 2013 World Bank report on carbon finance indicates that global  climate finance reached approximately US$364 billion in  2011, with the private sector contributing a large  proportion of this investment. Carbon prices are at an all time low and the  international carbon markets are likely to remain uncertain for several years  due to the current economic climate, the reduction in demand and unchanged  supply of credits, plus the relative in-action by the international governments  at Doha (COP 18).

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Unravelling the carbon price

Unravelling the carbon price

If there’s one thing we’ve learned over the past few  years of political climate change debate, it’s that carbon pricing isn’t simple.  In fact, some of it is diabolically complicated. We still find that there is a  lot of misunderstanding surrounding the scheme. What does it really mean for  affected parties including liable entities, carbon service providers and carbon  market players?

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