The Clean Energy Regulator has issued its 100 millionth Australian Carbon Credit Unit, and Energy and Emissions Reduction Minister Angus Taylor says the scheme is going "from strength to strength".
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.
Farmers who plant native trees will be allowed to sell their carbon credits to the Clean Energy Regulator without bidding into an ERF auction, under a proposed pilot program.
An overhauled ERF soil method will go a long way towards meeting the federal technology roadmap goal for soil carbon projects, according to AgriProve managing director Matthew Warnken.
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.
As it heads towards net-zero, property group Dexus aims to speed the deployment of rooftop PV on its industrial estates, and will rely on nature-based activities for carbon credits.
There is growing interest in the carbon-neutral transport of cargo, commodities and consumer goods, according to offsets business Tasman Environmental Markets.
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.
The Clean Energy Regulator is confident its schemes will deliver 57 million tonnes of abatement in 2021, and says a huge drop in accredited new large-scale clean energy capacity is temporary.