Article 680PJ Qantas, Origin and other Australian companies urged to check effectiveness of overseas rainforest carbon credits

Qantas, Origin and other Australian companies urged to check effectiveness of overseas rainforest carbon credits

by
Graham Readfearn
from on (#680PJ)

Calls for businesses to do own due diligence after Guardian revealed more than 90% of rainforest credits from a leading offsets provider were likely worthless

Some of Australia's best known companies - including Qantas, Origin and Zoos Victoria - are being urged to check the effectiveness of overseas rainforest carbon credits used to underpin carbon neutral claims made through a federal government program.

This week the Guardian revealed more than 90% of the rainforest credits issued through a leading global verification organisation, Verra, were likely worthless and could make global heating worse.

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