Australia voluntary carbon scheme pushes for more emission cuts, costlier offsets

Australia’s voluntary carbon offset certification scheme aiming to implement tougher targets for its members is expected to align it with global standards, likely pushing members toward using higher integrity international and local Australian credits, market participants said. The government-backed scheme, called Climate Active, launched a consultation in October to update the program in line with the changing international voluntary carbon…Australia’s voluntary carbon offset certification scheme aiming to implement tougher targets for its members is expected to align it with global standards, likely pushing members toward using higher integrity international and local Australian credits, market participants said. The government-backed scheme, called Climate Active, launched a consultation in October to update the program in line with the changing international voluntary carbon…  Read More