Chris Bowen to announce review of carbon credits system after expert labelled it a ‘fraud’

Climate change minister says inquiry needed as carbon offset scheme is integral to target of 43% emissions reduction by 2030

The climate change minister, Chris Bowen, is poised to unveil a sweeping review into Australia’s carbon credit system after an expert whistleblower characterised it as a fraud and a waste of taxpayer money.

Bowen confirmed the imminent announcement of the review, which is expected on Friday, during a wide-ranging address at the National Press Club in which he outlined the Albanese government’s initial reforms to climate and energy policy and signalled Labor could strengthen efforts to cut emissions from transport with new vehicle emissions standards.

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(SOURCE) https://www.theguardian.com/australia-news/2022/jun/29/chris-bowen-to-announce-review-of-carbon-credits-system-after-expert-labelled-it-a

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