Biodiversity offsets failed to protect habitat in NSW.
Now federal Labor is about to make the same mistakes, critics warn
"Offsets were meant to be a last resort for mitigating environmental damage from development projects, but rapidly became the default. An auditor general report found the government had no strategy for ensuring the offset market delivered the required environmental outcomes."
"In plain terms, development was occurring that harmed nature, money was accumulating in the fund because there were not enough offsets to compensate for that harm and species were being pushed closer to extinction."
“Turning offsets into an easy payment option flips the whole logic of environmental protection on its head."
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https://www.theguardian.com/environment/2025/nov/15/biodiversity-offset-scheme-nsw-australia-failing-nature-protection
#biodiversity #uniqueness #conservation #offsets #markets #GreenCapitalism #RestorationContributions #ecosystem #destruction #harm #NSW #governance #regulation #BeanCounterEcology #failure #BAU #EPBCAct #extinction









