Bowen has previously announced that Labor would seek to strengthen the existing Safeguard Mechanism, which has the potential to cap emissions from major industrial emitters. The scheme allows emitters to use ACCUs to offset their emissions and ensure they are able to remain under their respective caps.
The human induced regeneration scheme and the landfill gas carbon abatement methods are all complicated matters,” Bowen said. “I want confidence in the system, and I want a short review to ensure confidence.