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Carbon Markets and Greenhouse Gasses Regulations 2023

2023MitigationPolicyRegulationMore details
Sectors: Industry

These Regulations are made by the Prime Minister in exercise of powers conferred by sections 21, 22 and 30 of the Climate Change and Carbon Market Initiatives Act. These Regulations prohibit unregistered carbon trading and provide for the procedure to trade in carbon credits (as well as cooperative approaches and voluntary markets). There are also provisions on emission reduction initiatives; reporting; and emission allocations.

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Carbon Markets and Greenhouse Gasses Regulations 2023
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.