After I have covered the new biodiversity offset fund in New South Wales and the biodiversity offset policy in the Australian Capital Territory in previous posts I would like to point to the New Environmental Offsets Regime for Queensland.
On 1 July 2014, a new environmental offsets framework was introduced in Queensland. Read more on the website of the Queensland government:
The new framework streamlines environmental offsets by providing an outcome-based approach to offsets, removing the complexities and duplication associated with the former offsets framework and aligning offsets across all three levels of government.
The new framework includes:
- Environmental Offsets Act 2014 which coordinates the delivery of environmental offsets across jurisdictions and provides a single point-of-truth for offsets in Queensland.
- Environmental Offsets Regulation 2014 which provides details of the prescribed activities regulated under existing legislation and prescribed environmental matters to which the Act applies.
- New Queensland Environmental Offsets Policy Version 1.0 which provides a single, consistent, whole-of-government policy for the assessment of offset proposals provided by authority holders to satisfy offset conditions.
Rebecca Hoare from Norton Rose Fulbright has also prepared a breakdown of the Environmental Offsets Bill: a new foundation for Queensland environmental offset regulation and an update (July 2014) here.
Sarah Macoun and Gemma Chadwick from Hopgood Ganim have provided an analysis of what Queensland’s New Environmental Offsets regime means for local government offset conditions (see also Environmental Offsets and intergenerational equity).
What are your experiences with environmental offsets in Queensland and with the new regime? Where do you see weak points or advantages?