Delay or Decarbonise?

Australia’s climate policy trade-off
by Alia Armistead, Eliza Littleton and Polly Hemming

Climate policy can incentivise genuine emissions reduction, or it can delay decarbonisation by expanding the use of offsets.

Renewable energy generation commencements recently hit a six-year low, while carbon credits issued have been growing by a million tonnes per year. A change in policy focus will be required to achieve climate targets.

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