Companies are buying up cheap carbon offsets − data suggest it may be more about greenwashing than helping the climate
Companies are buying up cheap carbon offsets − data suggest it may be more about greenwashing than helping the climate
theconversation.com Companies are buying up cheap carbon offsets − data suggest it may be more about greenwashing than helping the climate
A deep dive into 866 public companies and 1,413 carbon projects reveals some twists in who relies on cheap offsets and who chooses to cut their own emissions instead.
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The carbon offset market is full of bad actors and most carbon offsets are a scam. Since you don’t receive a tangible product or service when you buy an offset, there’s almost nothing stopping vendors from overstating how much carbon is being removed, selling the same offset multiple times, or a host of other ways to produce carbon offsets from thin air.
If you don’t believe me, I have
a bridgesome carbon offsets for sale.