Four landfill gas generation companies have told independent Senator David Pocock that they are open to tighter restrictions on the volume of credits that their projects earn.
Australia now has a world-first tool for assessing the integrity of international carbon credits, according to EY climate change and sustainability partner Emma Herd.
The bioenergy industry association has told the federal government that its proposed rules on earning carbon credits by producing biomethane from organic waste are too strict.
The price of Australian Carbon Credit Units is likely to rise to between $60 and $105 over the next 10 years, according to carbon and energy analyst RepuTex.
Businesses will be under pressure to systematically re-examine their approach to target-setting and their use of offsets, following the release of a new global code for voluntary carbon markets.
The committee established to advise on ERF methods today issued new defences of credits earned by allowing trees to regenerate, and by using landfill gas to generate electricity.
One of Australia's largest carbon offsets providers is joining forces with environment group WWF to restore habitat for endangered koalas in the NSW Northern Rivers region.
The Business Council has called for a separate review of the treatment of voluntary carbon offset purchases, in its submission to a Climate Change Authority inquiry.