Browsing: Offsets

Organisations can now earn Australian carbon credits through coastal wetland restoration, and through a wider array of waste management and plantation forestry activities.

A company specialising in generating carbon credits from forestry projects intends screening potential voluntary market buyers to ensure they have a robust net-zero strategy.

A general environmental duty that now applies in Victoria doesn't mean that businesses have to buy carbon offsets, according to the state's EPA.

Documents obtained by the Australian Conservation Foundation show a coal mining company is likely to have to surrender more than 840,000 ACCUs next February.

• Taylor overhauls mainstay industrial ERF method
  
• South32 secures $1.97bn sustainability-linked loan
  
• WA to make three million hectares available for carbon sequestration

The Clean Energy Regulator is taking a cautious approach, as it faces the possibility that a substantial volume of ACCUs might not be delivered to it under old-style ERF contracts.

• Coal generator issued with prevention notice over ash dam
  
• Global rules needed on funding nature: Pollination Group founder
  
• NBN Co aims for 100% renewables, 25GWh reduction in electricity use
  
• Both major parties pledge carbon offsets reviews

Companies are becoming increasingly picky about the ACCUs they buy, according to Nadine Mueller, the Commonwealth Bank's executive director of global commodities.

Carbon offset businesses that signed old-style ERF contracts with the Clean Energy Regulator can still benefit from rising ACCU spot prices, according to carbon market specialists.

• Hydrogen certificate scheme to be trialled, ahead of legislation
  
• EU approach to border carbon tariffs raises stakes for Australian companies
  
• Giant pension fund buys into Australian environmental markets company