word of caution on assuming carbon credit revenuecarbon credits,...

word of caution on assuming carbon credit revenue

carbon credits, including ACCUs, are issued for projects and activities that would be uneconomic if not for the carbon credit revenue.

i.e. the carbon abatement must not have occurred ordinarily without carbon finance support.

this means the only way the hazer process would be eligible as a method for generating carbon credits (ACCUs or voluntary such as Verra) would be if the overall process was not profitable through sale of hydrogen and graphite - not ideal if wanted to scale up commercial operations globally.

a good proxy is the cessation of new carbon credit generation for renewables projects other than those in least developed countries.

the landfill gas method in Australia also faced a review recently but were approved to continue receiving credits because they were able to prove the process is uneconomic if not supported by ACCUs

a will clarify the above by saying this applies to carbon credits specifically. there is nothing to stop hazer receiving financial support through other means such as ARENA funding or CEFC if approved