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2050 Outlook Carbon Market

INSIGHTS: Slow Safeguard decarbonisation investment raises upside risks for Australian carbon prices

Following the commencement of the Safeguard Mechanism policy review, discussion around the pace of industrial decarbonisation has intensified, with increasing focus on whether large facilities are investing quickly enough to deliver meaningful emissions reductions.

Until now, there has been limited visibility over the scale and maturity of the Safeguard Mechanism decarbonisation project pipeline – including how much industrial decarbonisation has been announced, by which facilities, how much funding is committed, which projects are realistically likely to proceed, and when.

In this Insights article, we take a closer look at Australia’s decarbonisation project pipeline and the implications for the carbon market

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