Australian food retailers make $1.2 billion in profit each year from selling food that households waste, according to new research from The Australia Institute.

Carbon offsetting has received a lot of attention recently. As businesses and governments look to meet their climate targets, many are turning to carbon offsets. That is, they are paying someone else to reduce or avoid putting greenhouse gases into the atmosphere, so they don’t have to.

One of the key things about this whole problem is that the only way to solve it is that we need to rapidly reduce and phase out fossil fuels. That can’t wait a decade. We need to be making substantial reductions this decade.