PLEASE NOTE: Carbon Rich is not authorised to offer advice on acquiring and trading carbon credits. For more information contact a carbon service provider or a financial advisor.
In Australia we call Carbon Credits, Australian carbon credit units (ACCUs). Eligible Australian Carbon Credit Unit (ACCU) Scheme projects can earn ACCUs when they reduce or avoid emissions.
The following information is taken from the clean energy regulator website:
ACCUs are a tradable financial product. They incentivise carbon abatement activities through projects ranging from reforestation to energy efficiency. ACCUs are an additional income source for individuals and businesses running ACCU Scheme projects. One ACCU represents one tonne of carbon dioxide equivalent (tCO2-e) that would have otherwise been released into the atmosphere. ACCUs are held and managed through Australian National Registry of Emissions Units (ANREU) accounts.
You can find more info at Australian carbon credit units | Clean Energy Regulator