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Australia’s Carbon Price Mechanism began on 1 July 2012 and covers installations releasing more than 25,000 t CO2e per year from power generation, heavy industry, coal mining, oil and gas exploration, pipelines, legacy waste, and upstream natural gas supply.
The carbon price is initially fixed at AUD 23/tCO2e in 2012-13 rising at 4.5% in real terms annually, and a forward market has now begun to develop as businesses seek to hedge future price exposure ahead of the start of the floating price period which starts on 1 July 2015.
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- Our experts – together with our market data, news and analytical tools – give clients an unparalleled view across the sector.
- We select the news you need to read; we assemble the datasets that drive your decisions; we build the models for you to forecast your next move. You get to focus on your business.
- Our research notes, analyst reactions and market outlooks enable investors to identify and validate opportunities for growth.
- Market participants take advantage of our emissions and carbon price forecasts and regular market commentary to devise lucrative trading and compliance strategies.
- With policy uncertainty at both an Australia and international level, we say what the climate policy proposals behind the hype will mean for the carbon market and our clients – essential information for policy-makers and companies in the market.
- Utilities use our analysis on carbon prices to make successful future power station investment decisions, while intermediaries profit from our evaluation of which sectors and companies will be short or long of allowances to decide to whom to target their trading services.