Renewables Investment Declines as Carbon Offsets Surge | Polly Hemming

Climate and energy policy in Australia is driving investment towards carbon credits of questionable integrity and away from investment in renewables and genuine decarbonisation of industry, our new research shows.

"The government is at a crossroads right now with the Safeguard Mechanism and other funds it's announced like the Powering the Regions Fund and the National Reconstruction Fund. Right now, the government could be saying we need real reductions. Offsetting is not enough. Even best case scenario, offsets only ever maintain the status quo."

Polly Hemming, Climate & Energy Program director joined ABC News to discuss.

Read the report: https://australiainstitute.org.au/pos...

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