Australia is only "guessing" how much greenhouse gas it produces and the federal government should invest $60 million in new infrastructure to measure its real environmental impact, according to a renewable energy think tank.
The Superpower Institute chairman Rod Sims launched research into the issue at Parliament House in Canberra on Tuesday, warning the nation was failing to measure the impact of different gases and could not accurately gauge whether carbon offsets were effective.
But Mr Sims, who previously led the Australian Competition and Consumer Commission, said investments in better emissions monitoring would not only solve the problem but could open new export opportunities.
