The head of a review of Australia’s carbon credit system says polluters must make deep cuts in their own greenhouse gas emissions and not rely heavily on offsets – paying for emission cuts elsewhere – if the climate crisis is to be addressed.
Prof Ian Chubb, a former chief scientist who headed the Albanese government’s review of the carbon credit scheme, said he backed a UN expert group recommendation that companies should prioritise absolute emissions cuts consistent with the goal of limiting global heating to 1.5C, and offsets should be used only “above and beyond” that.