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NSW government to generate carbon credits through conservation

Samantha HutchinsonNational reporter

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The NSW government will enter the booming carbon offset market with an ambitious new scheme inviting corporations to invest in the state’s conservation initiatives as a means to offset carbon emissions.

Telstra has struck an agreement with the government to invest in the NSW Biodiversity Conservation Trust, which pays private landowners who own natural or undeveloped habitat an annual income to protect the land.

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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au

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    Original URL: https://www.afr.com/politics/nsw-government-to-generate-carbon-credits-through-conservation-20220603-p5aqz9