The Australian carbon market as state-corporate crime
The Australian Government has committed to a 2050 net zero greenhouse gas emissions target through its Long-Term Emissions Reduction Plan (LTERP). The LTERP envisages that 10-20% of all emission reductions to 2050 will be from carbon offsets traded in international and Australian carbon markets. This paper advances a critique of the Australian carbon market to explore the possibility that the Australian Clean Energy Regulator paradoxically operates to increase carbon emissions, accelerate planetary ecocide and misappropriates public funds.