Browsing: <a href="/tag/green-carbon">Green carbon</a> <i class="grey">•</i> <a href="/tag/carbon-finance">Carbon finance</a>

A new report for the Queensland government estimates carbon projects on the land could deliver offsets worth $8 billion over the years to 2030.

The Clean Energy Regulator has contracted to buy almost 17 million tonnes of abatement from ERF soil carbon projects but not one of them has yet created a credit, and now the government plans to rewrite the rules.

Plans are afoot to slash the time it takes companies to negotiate carbon credit contracts with Traditional Owners, and to help them meet reconciliation and sustainability commitments.

The timing of the next ERF auction will be influenced by levels of interest in new methods for earning credits, according to Jody Swirepik, acting chief executive of the Clean Energy Regulator.

Environment and Energy Minister Josh Frydenberg this morning introduced a bill to amend Emissions Reduction Fund rules for creating carbon credits.

• Major changes proposed for 'savanna' carbon credits projects
  
• Queensland prescribes biofuels sustainability criteria
  
• Regulator opens fourth ERF auction

Buying international carbon credits might end up more expensive than purchasing units created through domestic forestry projects, New Zealand's climate change minister Paula Bennett told business leaders today.

• ACT battery storage tender draws 17 bids
  
• Queensland orders industry to remove legacy firefighting foams
  
• Fourth beef producer approved to earn carbon credits

AGL has contracted to buy carbon credits created from tree plantings in Western Australia that have been certified under a well-known international offsets scheme.

Environmental markets company GreenCollar today announced a partnership with the Queensland Government to carry out projects that improve carbon stored in vegetation, reduce runoff into the Great Barrier Reef and are eligible for ERF funding.