A member of the high-powered evaluation of the integrity of Australian Carbon Credit score Models is claimed to have raised their funding potential in feedback that, if right, increase considerations in regards to the evaluation course of.
There are questions over the federal government’s evaluation of Australian Carbon Credit score Models (ACCUs) after a member of the evaluation panel mentioned the “potential” for funding in ACCUs by an infrastructure fund she is linked to.
In July the federal government introduced a evaluation of ACCUs within the wake of a whistleblower, ANU professor Andrew Macintosh, revealing important issues with credit generated by the Coalition’s Emissions Discount Fund. As much as 80% of ACCUs generated by the scheme could also be nugatory when it comes to precise further emissions abated beneath the ERF — a declare rejected on the time by the Clear Power Regulator that oversees the ERF.
The federal government will probably be counting on ACCUs and a brand new class of carbon credit created beneath its revamped safeguards mechanism as a part of its emissions discount plans.
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