Plans for Australian companies to offset carbon overseas | Asia Pacific

Plans for Australian companies to offset carbon overseas

Plans for Australian companies to offset carbon overseas

Posted 15 September 2011, 21:26 AEST

The Australian government has defended its plans to allow Australian firms to buy up to half their carbon permits from overseas.

Climate change minister Greg Combet says the use of international carbon markets will help Australia reduce its emissions at the lowest cost to business.

But opposition leader Tony Abbott says allowing companies to offset their carbon overseas, means that Australia's own emissions will actually rise by 2020.

Presenter: Joanna McCarthy

Speaker: Dr Josep Canadell, Global Carbon Program, CSIRO

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