Western Australia's environmental regulator isn't requiring Woodside to offset any Pluto LNG greenhouse gas emissions, even though the company is subject to an offset obligation.
In a year of huge regulatory change for environmental managers, the Federal Government has started the process of handing core environmental responsibilities to states and abolishing carbon charges for large emitters, while all governments began targeting 'green tape'.
The Carbon Farming Initiative rewards companies for abatement actions that go beyond what's required, but that hasn't stopped Woodside gaining approval to create credits worth millions from activities linked to an offset obligation imposed by the WA EPA.
The WA EPA today recommended retaining some state greenhouse gas conditions applying to Chevron's Wheatstone LNG project, including reporting obligations, partly on the basis that the public should have more information on emissions than is available through NGERs.
Armed with the findings from an economics consultancy, the WA EPA will shortly advise the State Government on whether greenhouse gas conditions imposed on Chevron's Wheatstone LNG project are complementary to a carbon price, EPA chair Paul Vogel has told CE Daily.