Carbon Offsets Project status update

The Project Steering Group held a hybrid meeting (both online and in-person at Charlton) on Thursday 5 May 2022 to continue discussions on the supply and demand assessment undertake by each water corporation, which looked at the carbon offsets that water corporations currently have access to, or are utilising (supply), versus the carbon offsets that are required to meet each corporation’s net zero target (demand).

Charlton was chosen as the meeting location, as it allowed PSG members to undertake a tour of some of Wannon Water’s nearby carbon offset projects.

Off the back of this workshop, further work was undertaken to refine the supply and demand assessments, and a short consultancy is being undertaken to round out this approved phase of the project. This consultancy is looking at confirming whether there are sufficient carbon offsets in Victoria to address any identified gap between supply and demand.

The results of this phase of the project are scheduled to be presented to managing directors on Wednesday 29 June 2022.

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