Labor has stormed into office in the Northern Territory promising to rewrite environment laws and consider carbon emissions when large new projects are assessed.
The Queensland Government today sought to stave off a World Heritage 'in danger listing' for the Great Barrier Reef after the defeat of its land clearing bill.
The Coalition says its plan to allocate a tenth of the Clean Energy Finance Corporation's budget for projects that protect the Great Barrier Reef would make it easier for Queensland agribusinesses and utilities to benefit from CEFC support.
Emissions from a spike in land clearing rates, especially in Queensland, will needlessly cost the economy well over $1 billion between now and 2030, a new report by CO2 Australia shows.
Offset provider Corporate Carbon has successfully registered with the Clean Energy Regulator the first two projects authorised to earn credits by sequestering carbon in soil.
A total of 26 carbon offset projects succeeded in registering with the Clean Energy Regulator in March, compared to only five in the same period last year.
Environment Minister Greg Hunt has gazetted a new carbon credits method that will allow companies and other organisations to obtain ERF money for energy efficiency upgrades.