Former Australian chief scientist to head review of carbon credit scheme after whistleblower revelations

(The Guardian, 1 Jul 2022) Climate change minister to announce Prof Ian Chubb will lead six-month probe of scheme labelled ‘largely a sham’ by one expert.

The former Australian chief scientist and senior academic, Prof Ian Chubb, has been appointed to head a thorough review of Australia’s carbon credit scheme as experts escalate calls for a complete overhaul of the system.

Chris Bowen, the climate change minister, announced on Friday that Chubb, a neuroscientist and former vice-chancellor of the Australian National University, would lead the six-month review of the scheme, after a respected whistleblower described it as a fraud and waste of taxpayer money.

Carbon credits are bought by governments and businesses as an alternative to cutting carbon dioxide emissions. While their use to help meet emissions targets has significant support – particularly among polluting companies promising to offset their impact on the planet – critics have raised concern about whether credits issued in Australia represent real emissions cuts beyond what would have happened anyway.

Bowen promised the review last year after research from the Australian Conservation Foundation and progressive thinktank the Australia Institute estimated 20% of credits did not represent real cuts and were essentially “junk”.

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The Guardian, 1 Jul 2022: Former Australian chief scientist to head review of carbon credit scheme after whistleblower revelations