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Integrity issues of Australia’s carbon credits system undermine transparency, new report finds

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Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.

Requested by the independent Chubb review, the study by the Australian Academy of Science examined strengths and limitations of four methods used to generate Australian carbon credit units by reducing or avoiding emissions.

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