The Latest Breaking News from Emissions Reduction Fund

'Untenable': even companies profiting from Australia's carbon market say the system must change

This week, several of the largest companies that profit from Australia’s carbon market called for changes to the system. They said the rules that govern the issuing of carbon credits to some projects were too lax and the market’s integrity should be improved.

The Conversation · Sep 9, 2022

Carbon neutral goals could be met sooner with the help of the forestry industry

Australia's carbon neutral goals could be met sooner, as forestry companies are now able to sequester and store carbon into existing plantations for profit.

ABC News · Aug 31, 2022

Coalition government's pre-election carbon credit shake-up created 'sovereign risk', department warned

Then-energy minister Angus Taylor blindsided the carbon market with a decision that effectively ripped up contracts worth billions of dollars. Previously secret documents reveal the government was repeatedly warned about the chaos that could occur.

ABC News · Jul 24, 2022

Carbon market industry rebukes fraud claim

The carbon market industry has refuted claims that Australia's emissions reduction fund is a "fraud", labelling them an attack on a wide range of participants.

AAP · Mar 27, 2022

Insider blows whistle on Australia's greenhouse gas reduction schemes

The former chair of the Emissions Reduction Assurance Committee, Andrew Macintosh, says Australia's carbon offset schemes lack integrity.

ABC News · Mar 23, 2022