Environmental credits - what are they and how do you tax them?
This paper covers:
- An overview of the Emissions Reduction Fund and Australian Carbon Credit Units (ACCUs), including how credits may be generated
- The proposal for new Safeguard Mechanism Credits - what is proposed and what projects would be eligible
- The Reef Credit Scheme•An overview of the biodiversity credit schemes in Australia, including how credits are generated, traded and retired
- The roles and responsibilities of various parties in credit trading schemes (eg landowners, philanthropists/environmental groups, developers, brokers and government)
- Taxation treatment.