Business groups are defying the morrison governments political assault on the use of international permits arguing a credible climate policy should include access to high quality international . An offset can be achieved by purchasing and cancelling carbon credits 1 carbon credit represents 1 tonne of co2e reduction so a business that emits 1000 tonnes of carbon can offset its emissions by purchasing and cancelling 1000 carbon credits. Business strategies to address climate change to what extent the plan features market mechanisms such as internal carbon price and or and external carbon offsets how to use research and development resources and other means to drive innovation
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