Shock Discovery: Huge Carbon Credit Project in Australia Turns Out to Be a Sham

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Wednesday, which found a world-leading reforestation project had been an underperforming"catastrophe".

Despite this, Australia had used these projects to bank millions of tonnes in questionable carbon credits, scientists said, which are used to supposedly offset polluting industries. "They should be showing really strong increases in tree cover," said Macintosh, a former chair of the government body responsible for tracking Australia's carbon offsets.Each ton of carbon sequestered by these forests is chalked up as a single carbon credit.

Australia's Clean Energy Regulator said"a number of reviews have confirmed the integrity" of these carbon offsets.

 

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