Demand for low-quality offsets by major companies undermines climate integrity of the voluntary carbon market - Nature Communications
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Trencher and colleagues investigate the twenty companies making the largest purchases of offsets from the voluntary carbon market from 2020 to 2023. They find that 87% of the purchased offsets carry a high risk of not providing real and additional emissions reductions. Further, most offsets do not meet industry standards regarding age and country of implementation. The findings reinforce concerns that the voluntary carbon market is failing to support effective climate mitigation.
  • The Quuuuuill@slrpnk.netEnglish
    1·
    1 month ago

    You can greenwash all you want, but the fact is these initiatives were never meant to be a long term solution, but instead a way of getting the ball rolling 40 years ago. It’s just once the ball is rolling, you’re supposed to do… Something. Anything. Instead our politicians said “there. Global warming is fixed and we never have to think about it again”