The Clean Energy Regulator on Friday removed Gladstone Regional Council from the list of carbon-liable entities, thanks to its deployment of landfill gas capture technology that will also earn it CFI carbon credits.
Draft CFI changes go part of the way to enabling states to create valuable carbon credits by reducing native forest logging on Crown Land – but major roadblocks remain, says ANU forests and carbon expert Andrew MacIntosh.
Proposed changes to the Carbon Farming Initiative would allow states to annually create carbon credits worth millions by extending areas of protected native forest, but abolition of the carbon price would slash their value.