New draft regulations would allow farmers involved in commercial tree growing and landfill operators covering landfills with organic material to create Carbon Farming Initiative credits.
The final deadline will soon arrive for carbon farmers to create Kyoto CFI credits – but that doesn't close the door to companies accessing a continuing stream of credits to meet price scheme liabilities.
Carbon trader and offset project developer Ecofund Queensland has this week sold 'a large volume of ACCUs' to undisclosed energy sector counterparties that will use them for compliance purposes, says its senior trader, Gregory Stanford.
The Gillard Government has approved four more methodologies for creating CFI carbon credits, with carbon sink forestry company CO2 Australia and a WA local government authority set to be among the beneficiaries.
