Grattan: Carbon offset rules must be tightened

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Carbon offsets are viewed as a vital tool for Australia to reach net zero emissions.

However, a new report by the Grattan Institute notes that some industries may see carbon offsets as an excuse to delay reducing emissions, and that they should be left for processes that are difficult to decarbonise.

Grattan contends that the current carbon offset rules are somewhat opaque, and that their integrity needs to be tightened.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.