UPDATE – Up to a fifth of Australian carbon credits are ‘junk’, report claims

Published 03:32 on September 22, 2021  /  Last updated at 08:45 on September 22, 2021  /  Asia Pacific, Australia  /  No Comments

More than 22 million of Australian offsets issued so far have been generated using a “deeply flawed” method, calling into question the value of the government’s entire carbon credit programme, said a report released Wednesday, though industry representatives said the report had “critical errors”.

Updates with statements from the Clean Energy Regulator.

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