Crossbench senator’s support is crucial if government is to introduce planned revamp of safeguard mechanism
has urged the Albanese government to quickly implement all recommendations from a review of Australia’s carbon credit system, given it wants to introduce a climate policy that relies heavily on offsets.planned revamp of the safeguard mechanism
It applies to facilities that emit more than 100,000 tonnes of carbon dioxide equivalent a year. Each facility is set an emissions limit, known as a baseline. Chubb said he agreed his recommendations were urgent. “I agree with the basic point he makes that they should do it quickly,” he said. Each carbon credit represents one tonne of carbon dioxide that has either been stopped from going in the atmosphere, or sucked out of it.
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