The controversial carbon credits earned by landowners for protecting forest they had no intention of clearing will be banned, under changes to the carbon emission market.
The supply of controversial carbon credits earned by landowners for protecting forest that could otherwise be cleared will be curtailed, under changes to the carbon emission market.
“There will be a lower number of credits from the avoided deforestation, though I would expect more credits to offset this from other areas,” said AiGroup adviser Tennant Reed. Farmers for Climate Action strategy director Cambell Klose said there was distrust in carbon credits despite the blanket endorsement in the Chubb review.
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