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AAP
AAP
Business
Marion Rae

Stoush over carbon credit 'fraud' heats up

The Clean Energy Regulator stands by the way carbon credits are approved and earned. (AAP)

Australian carbon credits are not a "fraud", a review of claims made by a whistleblower has found.

But former insider Andrew Macintosh and a group of academic colleagues are standing by research that questions three-quarters of the credits issued under the $2.5 billion federal emissions reduction scheme.

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