this post was submitted on 17 Oct 2024
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‘It’s almost beyond belief’: Findings blast Australia’s biggest carbon offset scheme (www.theage.com.au)
submitted 1 month ago by GreeNRG to c/world@quokk.au
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Australia’s biggest carbon credit scheme is barely removing any greenhouse gas from the atmosphere, according to a new study, despite hundreds of millions of dollars being pumped into it by businesses and the government.

One of the study’s authors, Dr Megan Evans from UNSW Canberra, said the findings about the Human Induced Regeneration scheme, known as HIR, pointed to “such huge failures that it’s almost beyond belief”.

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[–] Fleur_@lemm.ee 5 points 1 month ago

They did exactly what they were meant to do which is give corporations a free pass for 10 years.