Asia Pacific > “Incomplete, unsubstantiated, tortured” Chubb review findings will undermine Safeguard Mechanism effectiveness, new studies say

“Incomplete, unsubstantiated, tortured” Chubb review findings will undermine Safeguard Mechanism effectiveness, new studies say

Published 13:01 on February 14, 2023  /  Last updated at 02:27 on February 14, 2023  / /  Asia Pacific, Australia

The failure of the review into the Australian carbon market to address fundamental flaws in several key methodologies could undermine the integrity of the government’s overhauled Safeguard Mechanism and flood the market with tens of millions of “junk” credits, according to two new studies released on Wednesday.
The failure of the review into the Australian carbon market to address fundamental flaws in several key methodologies could undermine the integrity of the government’s overhauled Safeguard Mechanism and flood the market with tens of millions of “junk” credits, according to two new studies released on Wednesday.


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