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

The so called "Environment Protection Reform Bill."
Protecting Australia's extraordinary wildlife ?

"The proposed changes to the EPBC Act do not deal with its fundamental problem: despite its name, the law does not prioritise protecting the environment. Its principle role is to allow projects – including fossil fuel developments – to go ahead, with some conditions attached to limit environmental damage."

"Native forest logging overseen by the states has been effectively exempt, despite a long list of legal cases in which it was found to have breached the laws. Forest destruction on private land for agriculture – a major driver of biodiversity loss across vast areas of western New South Wales and Queensland, and the Northern Territory – has rarely been assessed."

"There is little sign the legislation will tackle the huge problem of deforestation. Millions of hectares have been cleared without federal oversight, mostly for industrial farming. The state of the environment report cited evidence that 93% of the threatened species habitat cleared between 2000 and 2017 was not referred for assessment under national law. One hundred scientists wrote to Albanese this week calling for this to be urgently addressed."
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https://www.theguardian.com/environment/2025/oct/25/as-the-coalition-shows-its-colours-on-nature-labor-faces-a-question-will-it-really-protect-australias-wildlife
#biodiversity #climate #FossilFuels #EPBCAct #CoalGas #deforestation #acceleration #offsets #NSWLogging

This week in forest news 🌍🌲

🧾 Offset integrity under fire
🌳 Edinburgh plants 570K trees
🛰 DIST‑ALERT tracks loss in real time
🔥 Canada warns of drying forests
🧬 Degradation surges in Amazon

#forests #carbonmarkets #reforestation #climateaction #offsets

https://groundtruth.app/offsets-integrity-reviews-and-the-limits-of-tree-claims/

Once again, carbon offsets don't reduce emissions.

Companies should do them only if they:
1. Are voluntary. Sure, do offsets for marketing purposes or investor requirements, but companies should ...
2. Still pay for their emissions (e.g. carbon taxes)

https://www.theguardian.com/environment/2025/oct/06/carbon-offsets-fail-cut-global-heating-intractable-systemic-problems-study

#climate #offsets

Briscoe homeware rebound offsets weak sporting spend

‘Underperform’ Forsyth Barr equity analyst Paul Koraua said the result was a “good improvement”, but the company had…
#NewsBeep #News #Headlines #briscoe #division #goods #group #helped #homeware #momentum #NewZealand #NZ #offset #offsets #rebound #regained #sales #softness #some #spend #sporting #weak
https://www.newsbeep.com/39888/