ACCU integrity review: investment comment raises concerns


A member of the high-powered evaluation of the integrity of Australian Carbon Credit score Items is claimed to have raised their funding potential in feedback that, if right, elevate issues concerning the evaluation course of.

Dr Annabelle Bennett (Picture: Flickr)

There are questions over the federal government’s evaluation of Australian Carbon Credit score Items (ACCUs) after a member of the evaluation panel mentioned the “potential” for funding in ACCUs by an infrastructure fund she is linked to.

In July the federal government introduced a evaluation of ACCUs within the wake of a whistleblower, ANU professor Andrew Macintosh, revealing vital issues with credit generated by the Coalition’s Emissions Discount Fund. As much as 80% of ACCUs generated by the scheme could also be nugatory by way of precise further emissions abated below the ERF — a declare rejected on the time by the Clear Vitality Regulator that oversees the ERF.

The federal government will probably be counting on ACCUs and a brand new class of carbon credit created below its revamped safeguards mechanism as a part of its emissions discount plans.

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