Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-31527

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    Australia’s carbon credits system a failure on global scale, study finds

    Researchers find carbon offsets approach, which is supposed to regenerate scrubby outback forests, was not reducing emissions as promised

    Adam Morton Climate and environment editor
    Wed 27 Mar 2024 09.21 AEDTFirst published on Wed 27 Mar 2024 01.00 AEDT

    Australia’s main carbon offsets method is a failure on a global scale and doing little if anything to help address the climate crisis, according to a major new study.

    Research by 11 academics found the most popular technique used to create offsets in Australia, known as “human-induced regeneration” and pledged to regenerate scrubby outback forests, had mostly not improved tree cover as promised between about 2015 and 2022.

    The peer-reviewed study, published in the nature journal Communications Earth & Environment, analysed 182 projects in arid and semi-desert areas and found forest cover had either barely grown or gone backwards in nearly 80%.


    https://hotcopper.com.au/data/attachments/6063/6063365-ee81ea944798e2767534a32cd5b35c95.jpg

 
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