A panel on carbon markets highlighted their inherent complexity due to multiple jurisdictions and regulatory environments, as well as the terminology. But one thing is clear – there are significant opportunities in the market once the challenges of carbon credit sourcing, governance and transparency are satisfied. Businesses that buy carbon credits must also commit to their own transition journey. New South Wales cattle farmer Robert Mackenzie stole the stage, as he explained the story behind the carbon credits offered by his family’s near-neutral cattle station and beef export business.