The Turnbull government will reverse course and allow businesses to buy overseas carbon credits to meet Australia's emissions reduction targets, a policy long questioned by climate experts and once labelled "dodgy" by Tony Abbott.
Backed by industry and some climate change observers, the move allows big businesses to purchase emissions reductions in other countries - most likely at lower prices - to offset their own carbon production.
Read the story in today’s Melbourne Age by Michael Koziol - “Climate review: Turnbull government will allow companies to purchase foreign carbon credits.”
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