
It’s small wonder a major fossil fuel producer like Australia has relied so heavily on carbon offsets. Plant new forests - or say you will avoid clearing old ones - and you can keep approving new gas and coal developments. This year, whistleblower Professor Andrew McIntosh claimed up to 80% of these offsets weren’t real. They didn’t actually offset emissions.
In Australia, renewables are the only real source of emission reduction. The rest of the economy is set to slowly increase emissions. But what matters is actually reducing how many tonnes of heat-trapping greenhouse gases go up into the sky and add to the 2.5 trillion tonnes of CO2 humans have already emitted - of which more than a trillion tonnes remain in the atmosphere. Last year, carbon dioxide and methane levels hit new highs.