Latest news – National
Revised carbon offset standard (NCOS) released for
carbon markets
The federal government has released a revised National Carbon
Offset Standard (NCOS), allowing Australian businesses to offset
their products with pollution reduction under the Governments
Carbon Farming Initiative. The Australian Government introduced the
NCOS on 1 July 2010 to ensure national consistency and consumer
confidence in the voluntary carbon market (02 May 2012)
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Carbon pricing financial services: registration and
licensing
The Australian Securities and Investments Commission (ASIC) has
released details regarding the registration and licensing process
for those intending to provide financial services in emissions
units under the Australian Government's carbon pricing
mechanism. ASIC Commissioner, John Price, said registration will
help providers of financial services meet their licensing
requirements under the Corporations Act 2001 (01 May 2012)
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