Labor’s nature repair market must ban offsets and will need initial funding injection, scientists say

Members of threatened species scientific committee say allowing environmental offsets would undermine the scheme

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A “nature repair market” proposed by Labor will not succeed unless backed by substantial initial public funding and a ban on environmental offsets, government scientific advisers have warned.

The Senate environment legislation committee heard a range of critical evidence about the bill on Friday, prompting the government to concede it will indefinitely postpone its passage in parliament.

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