this post was submitted on 20 Apr 2025
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Australia’s biggest industrial polluter receives millions in carbon credits despite rising emissions (www.theguardian.com)
submitted 1 day ago* (last edited 1 day ago) by sarahsquirrel@aussie.zone to c/australia@aussie.zone
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"Chevron’s Gorgon gas export plant in Western Australia received the equivalent of millions of dollars in carbon credits from the federal government last year, despite increasing its emissions.

The revelation in government data last week has sparked calls for changes to the safeguard mechanism, the government policy applied to the country’s 219 largest industrial climate polluting facilities.

The safeguard mechanism was introduced under the Coalition to stop industrial emissions increasing, but was not enforced as initially promised and emissions continued to increase".

[ACF representative] "Reynolds said the Gorgon development receiving a climate windfall after increasing its emissions was an “appalling example of a gas giant being able to game the system and financially benefit from its climate-heating emissions”.

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[–] sqgl@beehaw.org 3 points 1 day ago* (last edited 1 day ago)

Carbon tax is harder to evade. Unfortunately the fossil fuel billionaires convinced Australians to vote against it and against their own interests.

EDIT: inb4 https://greens.org.au/explainers/cprs