Qantas is to buy a million tonnes of carbon credits from RM WIlliams Agricultural holdings.
Qantas to buy conservation zone carbon credits - ABC News (Australian Broadcasting Corporation)
..And the owner of RM Williams is ....Ken Cowley.
RM Williams forms a partnership with Primary Holdings International, called RMWAH | Fiona Lake Australian Photographs
Now wasn't he a former Qantas person?
Seems he might be if it is the same person.
Qantas New Zealand takes off - Airlines - NZ Herald News
Would there be any conflict of interest there? I don't think so.