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Lack of integrity undermines Australia’s carbon markets

Criticism of Australia’s carbon offset scheme offers guidance on what not to do, as the integrity of carbon markets is questioned.

For Australia to meet its long-term climate targets, the success of the country’s carbon credit scheme will be vital. The government is relying on the contribution of both domestic and international carbon offsets to account for up to 20 per cent of emission abatements on the path to net zero. In this sense, Australia is not alone. The global growth of carbon credit markets underscores the important role they are playing in tackling the climate emergency. 

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