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The Department of Climate Change released a discussion paper and a draft national carbon offset standard for public consultation in December 2008.
The standard is designed to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset products they produce.
Consultation on the discussion paper and draft standard have now closed and submissions are now available.
Draft National Carbon Offset Standard (342 KB)
http://www.climatechange.gov.au/carbonoffsetting/pubs/draftoffsetstandard.pdf
National Carbon Offset standard discussion paper (908 KB)
http://www.climatechange.gov.au/carbonoffsetting/pubs/national-carbon-offset-standard-paper.pdf
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The ‘National Carbon Offset standard’ has received much input from stakeholders who are looking to maintain their business models (especially in the NGO sector) with the upcoming (commercial) CPRS/ETS. A major talking point is creating and maintaining additionality on offset purchases when the Australian government will count these units towards Kyoto commitments under the cap.
Angus MacNee
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