Blog Post

OPINION: Our climate policy pays people to grow trees that already existed. Taxpayers deserve better

The review will examine, among other issues, whether several ways of earning credits under the scheme lead to genuine emissions reductions.

One method singled out for scrutiny involves regrowing native forests to store carbon from the atmosphere.

Our new analysis suggests the vast majority of carbon storage credited under this method either has not occurred, or would have occurred anyway.

Here we explain why.

man in suit speaks in front of flags

Climate Change Minister Chris Bowen has announced a review of the Emissions Reduction Fund. Steven Saphore/AAP

The background

The Emissions Reduction Fund provides carbon credits to…

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