Western Australia's LNG industry can fully offset its emissions at a reasonable price by buying local abatement, concludes a new report for the WA Conservation Council by carbon analyst RepuTex.
The Western Australian government has started work on a new climate policy, but still favours a national approach to cutting greenhouse gas emissions, according to Environment Minister Stephen Dawson.
Western Australia's EPA has urged the McGowan government to review the state's climate policy, with a focus on targets, carbon offsets and emissions reporting.
Business faces potentially significant regulatory risks on carbon at state level, with many environmental agencies equipped to impose more stringent requirements.