In 2018, the Gunner Government committed to ensuring there would be no net increase in greenhouse gas emissions from any fracking in the NT. The draft Greenhouse Gas Emissions Offsets Policy and Technical Guidelines (Offsets Policy) contains no concrete explanation of how the Government will make polluting companies offset massive emissions from fracking.
ALEC has a number of concerns with the Offsets Policy and considers it necessary that significant amendments are made. In its current form the Offsets Policy is not fit for purpose to meet the Northern Territory Government’s commitment to achieve net-zero greenhouse gas emissions (GHG) by 2050.
While we acknowledge that offsets are just one tool to decarbonise the Northern Territory, this policy in its current form provides loopholes that contradict the overall goal to reduce GHG emissions.