Investors in carbon credits have withstood greenwashing scandals and sagging prices. Now there are finally signs of a turnaround

This is about legal protection for fraud, not fraud prevention. From the article:

“What industry is looking for in a lot of this is a legal shield,” said Danny Cullenward, senior fellow with the Kleinman Center for Energy Policy at the University of Pennsylvania. “The structure the industry’s trying to create is: Industry chooses the good credits, governments bless the good credits and prevent accountability” for the bad ones, he said.