A new NSW bill enables the state government to monetise biodiversity and carbon sequestration actions in national parks that go beyond business-as-usual.
The government could unlock the creation of an extra 2.5 billion carbon credits over the next decade, by introducing a new ERF method, according to the Carbon Market Institute.
As the ERF reaches a key milestone, Clean Energy Regulator chief executive David Parker says industrial companies are becoming much more engaged in the scheme, and important enhancements are on the way.
Alinta says a proposed expansion of its Port Hedland gas plant will significantly cut its carbon emissions, and has pledged to use offsets as a back-up if its emissions end up being higher.
A Wesfarmers-backed lithium refinery will cut its net emissions by 38% within 10 years, after the Western Australian EPA requested stronger carbon commitments.