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political reporter Melissa Clarke

Oil and gas industry chases option to buy international offsets instead of reducing emissions under safeguard mechanism

Oil APPEA Climate Change

The oil and gas industry is pushing to be allowed to buy international offsets to meet its emission reduction requirements under the federal government's new climate change policy.

More than 200 of the nation's largest industrial emitters have pollution limits set by what is known as the safeguard mechanism, a scheme established by the former Coalition government.

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One subscription that gives you access to news from hundreds of sites

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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