Risks of Carbon Fraud

Walters, Reece & Martin, Peter (2012) Risks of Carbon Fraud. Centre for Crime and Justice, Queensland University of Technology, Brisbane, QLD.

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Abstract

Carbon credit markets are in the early stages of development and media headlines such as these illustrate emerging levels of concern and foreboding over the potential for fraudulent crime within these markets. Australian companies are continuing to venture into the largely unregulated voluntary carbon credit market to offset their emissions and / or give their customers the opportunity to be ‘carbon neutral’. Accordingly, the voluntary market has seen a proliferation of carbon brokers that offer tailored offset carbon products according to need and taste.

With the instigation of the Australian compliance market and with pressure increasing for political responses to combat climate change, we would expect Australian companies to experience greater exposure to carbon products in both compliance and voluntary markets. This paper examines the risks of carbon fraud in these markets by reviewing cases of actual fraud and analysing and identifying contexts where risks of carbon fraud are most likely.

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ID Code: 56096
Item Type: Report
Refereed: No
Keywords: carbon fraud, carbon credit markets, carbon emissions, emission trading, carbon commodification
ISBN: 9780987467805
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Environmental and Natural Resources Law (180111)
Divisions: Current > QUT Faculties and Divisions > Faculty of Law
Current > Schools > School of Justice
Copyright Owner: Copyright 2012 Queensland University of Technology & The Authors
Deposited On: 17 Jan 2013 03:03
Last Modified: 24 Jul 2013 06:22

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