Labor promises review of Australia’s carbon credit system after allegations it is ‘largely a sham’

Labor climate change spokesman Chris Bowen says Australia’s carbon credit system will be ‘increasingly important’. Photograph: Lukas Coch/AAP

Labor has promised an independent review of Australia’s carbon credit system if it wins government, saying it is concerned about whistleblower allegations the scheme is “largely a sham” that was wasting money and not reducing greenhouse gas emissions.

Chris Bowen, the opposition climate change and energy spokesman, said carbon credits were “very important”, would be “increasingly important” and Labor wanted to ensure the system had integrity.