You don't just get it. Buying carbon credits is a TAX. The political situation and the climate ALARMISM means that there is no way that anyone would invest in coal fired power IN AUSTRALIA. In China yes.
One of these days we may wake up to the climate alarm scam and use coal or nuclear for the cheap power necessary for lowering the COST OF LIVING and the PRICE OF ELECTRICITY. We could become producers and not importers of the things that make life comfortable and the ones we are becoming less able to afford. The items that are becoming unaffordable because of the interest rate rises caused by our massive imbalance of spending versus income. More dams and water diversion from the coast to inland areas is necessary. The added advantage would be hydro power.
The CO2 level increase has more advantages than disadvantages.
I've shouted it for you so that you may at least give it some thought.
We need an adventurous, positive government, not a weak pansy one like the one in power now.
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