‘Declining sector’: Carbon credits give states off-ramp for logging
On Friday, Australia announced a new funding scheme allowing states to earn carbon credits by creating national parks, which may end native forest logging. The initiative aims to strengthen New South Wales' promise to establish the Great Koala National Park before the 2027 elections. Assistant Minister Josh Wilson highlighted the potential for economic diversification through carbon projects.
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Published 25 Jun 2026, 18:33 UTC · Updated 25 Jun 2026, 18:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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