Northern Territory opens door for fossil fuel companies to buy international offsets instead of reducing emissions

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Oil and gas companies will be allowed to buy Commonwealth-approved international offsets as a way to keep producing emissions, a Northern Territory government policy has revealed.

Most analyses of carbon credit schemes around the world showed about 60 to 80 per cent of the credits issued did not appear to represent real and additional abatement, he said.

"If the credits had legitimacy, I'd be fully supportive and would be 100 per cent behind them. But at the moment, they don't." "With a commitment to net zero greenhouse gas emissions across the economy by 2050, APPEA supports a portfolio approach to emissions reductions which allows them to be sourced in a variety of ways," the spokesperson said.

 

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An enmission is an emission. If I fart I fart how can I buy an offset for farting. Stoopid governments.

It’s the emissions that’s the problem. Any interventions that do not modify the quality & quantity of adverse emissions is no solution at all. Especially those that aim to increase the state’s coffers without any change in the adverse impact on the atmosphere. It’s hubris!

What a joke like saying to people at a park if you pay a fee you can throw your rubbish on the ground to reduce littering

We are so doomed.

Another con job. Is there nothing Australian Government's won't do for these foreign companies. It's all wrong.

Labor by name. LNP by nature.

This is 100% an economic scam , invented by a very small representation of the population who think they are in control, wake up people.

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