1. Carbon Credits

Carbon Credits

Total Credits

FULL DATA

Explainer

Carbon credits offset carbon emissions by storing, reducing or avoiding greenhouse gas emissions.

Projects that generate carbon credits must either reduce future emissions or remove existing CO2 from the atmosphere.

Australia's carbon credit scheme creates Australian Carbon Credit Units (ACCUs).

Projects earn one carbon credit for every tonne of carbon dioxide or carbon dioxide equivalent (CO2e) stored or avoided by a project.

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Data

AUS

Total Credits

YEAR

ACCUs

NET

2015-16 10,719,735 15.0%
2016-17 13,151,991 22.7%
2017-18 12,207,903 7.2%
2018-19 13,663,409 11.9%
2019-20 15,476,458 13.3%
2020-21 16,466,275 6.4%
2021-22 16,508,527 0.3%
2022-23 15,686,027 5.0%
2023-24 18,671,719 19.0%
2024-25 5,607,904 70.0%

Source: CER via OnlyFacts | Updated: 13-10-24

Trend

AUS

Total Credits

Source: CER via OnlyFacts | Updated: 13-10-24

Comparison

AUS

Total Credits

Source: CER via OnlyFacts | Updated: 13-10-24

States and Territories

Data

AUS

States and Territories

STATE / TERRITORY

ACCUs

%

Qld 2,036,872 18.2%
NSW 1,845,995 16.5%
NT 610,833 5.4%
WA 576,805 5.1%
SA 201,205 1.8%
Vic 142,215 1.3%
Tas 114,963 1.0%
Multi 79,016 0.7%
ACT 0 0.0%
Australia 5,607,904 100%

Source: CER via OnlyFacts | Updated: 13-10-24

Trend

AUS

States and Territories

Source: CER via OnlyFacts | Updated: 13-10-24

Methods

Explainer

Carbon credits are a mechanism to offset carbon emissions by buying into projects that reduce or remove greenhouse gases from the atmosphere.

These methods are diverse, encompassing a range of activities designed to either capture carbon dioxide or prevent its emission. 

To read an explanation of each method, click the button below.

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Data

AUS

Methods

METHOD

ACCUs

%

Vegetation 2,710,121 24.2%
Waste 1,258,332 11.2%
Savanna Burning 932,530 8.3%
Industrial Fugitives 474,598 4.2%
Agriculture 127,899 1.1%
Facilities 104,424 0.9%
Carbon Capture 0 0.0%
Energy Efficiency 0 0.0%
Savanna Fire Management 0 0.0%
Transport 0 0.0%
Total 5,607,904 100.0%

Source: CER via OnlyFacts | Updated: 13-10-24

Trend

AUS

Methods

Source: CER via OnlyFacts | Updated: 13-10-24

Comparison

AUS

Methods

Source: CER via OnlyFacts | Updated: 13-10-24

News

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