Australia does accounting U-turn to allow offset projects to maximise generation

Published 11:12 on May 22, 2020  /  Last updated at 10:30 on May 25, 2020  /  Asia Pacific, Australia  /  No Comments

Australia will allow all existing offset projects to choose whether to switch to a new carbon accounting method being introduced later this year, the Clean Energy Regulator said Friday, meaning those that had been expected to see lower credit generation under the new system can stay with the old one instead.

Australia will allow all existing offset projects to choose whether to switch to a new carbon accounting method being introduced later this year, the Clean Energy Regulator said Friday, meaning those that had been expected to see lower credit generation under the new system can stay with the old one instead.

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