Submission: Offset Upset

The WA EPA’s climate offset requirements and the LNG backlash
by Tom Swann and Audrey Quicke

WA LNG projects are pushing up Australia’s emissions.

The EPA recommended offsets to stop emissions rising. Contrary to industry claims, FOI documents show the EPA consulted with industry who opposed offsets.

Gas companies can afford to buy offsets at very small shares of their profits. They already use internal carbon prices, which they should disclose.

A large expansion in gas exports is not consistent with solving climate change. If approved, new projects should offset exported emissions or ensure exported gas is burned under climate policies consistent with Paris Agreement goals.

Full report

Share