Not-for-profit first to offer reforestation credits to public

4 July 2014

The Clean Energy Regulator has issued the first Australian carbon credit units (ACCUs) for a reforestation project available for on-selling to the general public.

The ACCUs were produced by not-for-profit offsetting organisation Greenfleet.

According to Greenfleet chief executive Wayne Wescott the issuance marks a significant milestone on Australia’s sustainability pathway.

“This is the first reforestation project to be issued carbon credits that can be on-sold to people and businesses wishing to offset their own emissions," he said.

“While Greenfleet’s focus has traditionally been on voluntary offsets, our investment in green infrastructure is generating carbon credits in the regulated market."

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