Australian carbon market confusion as offsets take another hit

Australian carbon market confusion as offsets take another hit

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The Australian Climate Council has called for the federal government to push to pause on new coal and gas projects as debate intensifies over Labor’s proposed safeguard mechanism reforms and as the credibility of carbon offset schemes is once again cast into doubt.

 

In a statement issued on Wednesday, the Climate Council proposes approvals for new fossil fuel projects be put on hold until a beefed up Environment Protection and Biodiversity Conservation (EPBC) Act can properly assess new polluting projects

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