Sunday, September 26, 2010

Green firms in limbo over carbon [swindle] credits inaction
THE Minister for Climate Change, Greg Combet, is under pressure from green firms to quickly resolve a policy bungle that is forcing businesses in search of carbon credits to head overseas.
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The country's biggest carbon sink provider, CO2 Group, has not signed a single new Australian customer for its voluntary programs since the CPRS was deferred in May.
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CO2 Group, which has Origin Energy, Woodside, and Newmont Mining on its books, posted a $3.7 million loss last financial year.

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