News and Insights

What is Climate Active? Climate Active is an Australian Government program which aims to incentivise voluntary climate action. It provides certification to businesses and organisations that achieve carbon neutrality by meeting the requirements of the

The reformed Safeguard Mechanism commenced on 1 July 2023. Relevant facilities are now subject to a decline rate to their emissions baselines and able to receive Safeguard Mechanism Credits.  Partner James Plumb and Special Counsel Elizabeth Harvey

Carbon offsets have at times attracted controversy, with criticism about the credibility of certain carbon credits. As recent examples, the ABC’s Four Corners program has raised integrity concerns about logging in rainforests protected by carbon cr

The Clean Energy Regulator (CER) has released its 2022-2023 compliance and enforcement priorities (priorities). CER administers Australian Government schemes for reporting and reducing Australia’s carbon emissions, including a number of climate ch

The spot price of  Australian carbon credit units (ACCUs) has increased significantly over the past year, from about $17 at the start of 2021 to almost $60 at the start of 2022. This is significantly more than the prices of around $12 to $15 per AC

The Queensland Government is currently running a second investment round for the Land Restoration Fund (LRF).  The LRF has been established to facilitate a pipeline of Queensland-based carbon offset projects. It supports carbon farming research and

The First Low Emissions Technology Statement 2020 (LETS) was released on 22 September 2020. As part of Australia’s Technology Investment Roadmap, these low emissions technology statements will be tabled annually in Parliament.  The LETS identifie

Carbon farming refers to land management activities that aim to reduce greenhouse gas emissions by storing carbon in trees or soils or avoiding the release of carbon through better management of fire, livestock and fertiliser use.  Through carbon f

What happens if under the Emission Reduction Fund (ERF) you enter into a contract with the Clean Energy Regulator (the Regulator) promising to deliver a certain number of tonnes of abated carbon, but fall short of that target?  Will you be liable fo