Carbon offsetting a 'distraction' from genuine emissions reductions

Greg Liddell is executive director of responsible investment at Betashares. (Image: Supplied)

Thu, 17 Aug 2023

Carbon offsetting is a distraction from making genuine reductions in emissions, says Australian fund manager Greg Liddell.Betashares, which specialises in exchange-traded funds (ETFs) on the Australian securities exchange (ASX), and of which Liddell is the executive director for responsible investments, has more than A$28 billion (NZ$30.2b) in assets under management with around A$5b of that invested in ethical and responsible investment products. He was in New Zealand last week for the Responsible Investment Association’s annua...

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