Carbon News - Intelligence for the carbon market

Cash for credits could cause taxpayer headache

Monday 12 Aug 19 12:00pm

MONEY INSTEAD of carbon credits was used to offset half the greenhouse gas emissions liable under the Emissions Trading Scheme last year - creating a potential financial liability for taxpayers.

Figures released by the Environmental Protection Authority show the amount of emissions being covered by the fixed-price option has soared into the millions of tonnes.

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