This week, three of the largest beneficiaries of the Emissions Reduction Fund issued a seemingly coordinated defence of the scheme.
“Today, the Australian Conservation Foundation reaffirms its concerns about significant flaws in Australia’s carbon offsets scheme and calls for an independent review of the scheme.
“We’ve set out our plan and our policies, and the Emissions Reduction Fund will continue to be a very important part of that.
The Safeguard Mechanism was designed and implemented by the Abbott Government, as an alternative policy following the repeal of the carbon price mechanism.