The great carbon credit con: A shonky system exposed
Carbon offsetting is an honesty system coupled with a financial incentive for dishonesty.
– Ketan Joshi
Carbon credits, once hailed as a cornerstone of Australia’s climate change strategy, have been unmasked as a financial sleight of hand. They are marketed as a tool to curb emissions, yet in practice, they have become a glorified accounting trick, enriching a select few while diverting funds from genuine climate action.
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