Exclusive: Claim by academics, including former integrity chair of Australia’s carbon credit scheme, raises further doubts about system
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Projects meant to regenerate Australia’s outback forests to store carbon dioxide have been awarded millions of carbon credits – worth hundreds of millions of dollars – despite total tree and shrub cover in those areas having declined, a new analysis has found.
It is the latest claim that raises doubts about the integrity of Australia’s carbon credit system, which the federal government and polluting businesses rely on to meet targets to reduce greenhouse gas emissions.