Australia’s carbon credits system a failure on global scale, study finds
Researchers find carbon offsets approach, which is supposed to regenerate scrubby outback forests, was not reducing emissions as promised
Adam Morton Climate and environment editor
Tue 26 Mar 2024 18.21 EDT
Australia’s main carbon offsets method is a failure on a global scale and doing little if anything to help address the climate crisis, according to a major new study.
Research by 11 academics found the most popular technique used to create offsets in Australia, known as “human-induced regeneration” and pledged to regenerate scrubby outback forests, had mostly not improved tree cover as promised between about 2015 and 2022.
https://www.theguardian.com/environment/2024/mar/27/australias-carbon-credits-system-a-failure-on-global-scale-study-finds
