Interest in the federal carbon neutral scheme is growing at an unprecedented rate partly because of its commercial benefits, and the program is about to undergo a major revamp.
A Western Australian EPA recommendation to amend a carbon condition attached to Chevron's Gorgon LNG project would result in the company having to buy millions of offsets.
A federal committee is investigating why businesses are largely ignoring five ERF energy efficiency methods, and whether two others designed to prevent clearing are sufficiently robust.
The Clean Energy Regulator has approved one of Australia's largest carbon businesses to earn credits through a new energy project, and has also approved a project by one of the country's largest agribusinesses.
Western Australia's Environment Minister Stephen Dawson has authorised a policy investigation that could make redundant the carbon offset requirements favoured by the state's EPA.
The Northern Territory government has fallen six months behind schedule on its draft climate strategy and carbon offsets policy, and insiders say they are still at least a month away.