The Queensland government has offered a total of $93 million in grants to proponents of 21 nature-based greenhouse gas abatement projects, including five proposed by carbon offsets company GreenCollar.
The Queensland budget reveals how waste levy revenue will be spent, and also outlines plans for launching its green bond-backed $500 million Land Restoration Fund.
The Palaszczuk government has started work on a $500 million fund to support land-based carbon offset projects, and has introduced a new bill to tighten controls on clearing.
A Footprint analysis of carbon credit projects, renewables investment and energy productivity initiatives shows NSW has snared the lion's share of ERF revenue, and Queensland is set to dominate large-scale solar.
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.