Carbon pricing mechanism repeal
The Clean Energy Act 2011 has been repealed. This abolishes the carbon pricing mechanism from 1 July 2014. Liable entities must still meet their carbon price obligations for the 2013-14 financial year.
Content on the Clean Energy Regulator website will be progressively updated to reflect these changes. More information can be found on the carbon pricing mechanism repeal page.
The Carbon Farming Initiative enables individuals and entities to earn Australian carbon credit units (ACCUs) through projects that store carbon or reduce greenhouse gas emissions on the land.
ACCUs earned under the Carbon Farming Initiative can be sold to people and businesses wishing to offset liability under the carbon pricing mechanism or offset their emissions voluntarily.
For more information