News, Environment, Carbon Credits, Professor Macintosh, Clean Energy Authority, Climate Change

It is responsible for design and regulation of carbon credits and adviser to emission abatement committees which monitors the integrity of the methodologies and purchases credits on behalf of governments.

The clean energy regulator is responsible for managing the allowances scheme.

Professor Andrew Macintosh, who has spent years working on carbon credits, said that all the government approved ways of creating carbon credits had “serious integrity issues,” either in their conception or in the way they are managed.

Professor Macintosh maintains that loans were earmarked for never cut-down forests, planting existing tree trees, and running electricity power generators in landfills that would have been operating anyway.

Carbon pricing in Australia

A carbon pricing scheme in Australia was introduced by the Gillard Labor minority government in 2011 as the Clean Energy Act 2011 which came into effect on 1 July 2012. (wikipedia)

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