EnergyAustralia will source its offset units from a range of Australian and international offset projects eligible under the National Carbon Offset Standard.
Accordingly, our carbon offset units will be independently approved by either:
- the United Nations according to the guidelines set out in the Kyoto Protocol, such as Certified Emission Reduction units (CERs);
- the Australian Government through the creation of Australian Carbon Credit Units (ACCUs) created in accordance with the Carbon Credits (Carbon Farming Initiative) Act 2011;
- the Gold Standard through the creation of Voluntary Emissions Reduction (VERs); and/or
- the Gold Standard through the creation of Voluntary Emissions Reduction (VERs)
The types of projects could include:
- Renewable energy projects in developing countries
- Protecting native forests by reducing land clearing
- Planting trees to grow carbon stocks
- Regenerating native forest on previously cleared land
- Reducing business energy use by installing high efficiency appliances like refrigeration and fans, or energy efficient street lights
- Building soil carbon through changed farming practices such as crop stubble retention
Managing bushfires in Australia’s savannahs to avoid high intensity fires.