Gas Abatement Credits For Green Building

In New South Wales parties involved in the construction or management of buildings should consider the potential to obtain a credit for green house gas abatement with a NSW greenhouse Gas Abatement Certificate (NGAC). The Prime Minister's Taskforce report on a proposed national trading emission scheme did not deal with the application of the proposed scheme to the built environment. This is despite the built environment contributing about 40 per cent of all carbon emissions.

It seems unlikely that the Commonwealth Government will provide credits for green buildings however, the New South Wales Greenhouse Gas Abatement Scheme (GGAS) does allow for carbon credits for greenhouse gas abatement activities concerning buildings.