31 August 2011 – A government consultation paper on updates to the national carbon offset standard includes proposals for businesses to use credits under the Carbon Farming Initiative when offsetting their carbon pollution.
The updates to the paper, released on 30 August, allow businesses to market carbon neutral products and services, deliver greenhouse gas abatement and give consumers greater purchasing choice, Parliamentary Secretary for Climate Change and Energy Efficiency, Mark Dreyfus said in a statement.
The changes would align the NCOS with the legislative framework for the CFI and increase the availability of domestic offsets that can be used under the standard, he said.
“Many companies who were certified under the Greenhouse Friendly initiative are now certified under, or are undertaking the transition to the NCOS,” Mr Dreyfus said.
“The government will cancel Kyoto units for greenhouse friendly abatement achieved during the Kyoto protocol commitment period, enabling some credits from the former greenhouse friendly program to be eligible offsets,” Mr Dreyfus said.
Purchases of accredited GreenPower from 1 January 2010 will also be recognised as an eligible offset.
Written submissions close on Wednesday 12 October 2011. To comment on the discussion paper and revised standard visit www.climatechange.gov.au