Carbon trading: the opportunities and pitfalls in Australia
It might be early days for carbon trading in Australia but many farmers and graziers are already trading or exploring how they can trade carbon. In April 2015, the Clean Energy Regulator (CER) conducted the first “reverse” auction to buy carbon credits with the second auction being conducted in November 2015. In a recent article by Thynne & Macartney it states while there are benefits, participating in the ERF and entering into a contract with the CER are not without risk. There are a number of methods landholders and producers can implement to earn tradeable Australian Carbon Credit Units (ACCUs) …
