Sales and investment in the voluntary carbon market have stagnated in the last six months under the impact of Federal Government policy confusion, according to the latest update of an industry guide co-produced by RMIT University. Developed by Global Sustainability at RMIT and EPA Victoria, the Carbon Offset Guide is the most comprehensive and independent directory of Australian offset providers, featuring details of prices, project locations, descriptions and accreditation standards. Global Sustainability at RMIT Director, Caroline Bayliss, said many of the 91 providers listed in the latest update had reported that sales and investment have stopped growing. “Based on our comprehensive surveys and follow-up conversations with offset providers, it is clear that many are pessimistic about the future of Australian abatement activity – that is, offsets produced from local projects,” Ms Bayliss said. “Many sellers of locally-sourced offsets are telling us that there is simply no business, due to the impact of recent Federal Government policy changes. Read More
