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In theory, ‘biodiversity offsetting’ involves measuring the habitat that is likely to be affected by a proposed development, then calculating the financial compensation necessary to replicate the habitat at a new location.
In reality, as this mockumentary shows, it’s a license that can make bad developers’ dreams a reality.
Across the world offsets already justify the destruction of irreplaceable ecosystems to make way for mining projects, motorways and pipelines.
Now Europe is the new frontier; currently the European Union is considering new legislation that permits biodiversity offsets.