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Study: Carbon offsets aren’t doing their job, overstate impact

arstechnica.com

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Re: Study: Carbon offsets aren’t doing their job, overstate impact

#3
> From project implementation until 2020, those 18 projects were expected to generate up to 89 million carbon offsets to be sold in the global carbon market. But researchers estimate that only 5.4 million of the 89 million, or 6.1 percent, would be associated with actual carbon emission reductions.

It sounds like a massively fraudulent market with little actual oversight.

Re: Study: Carbon offsets aren’t doing their job, overstate impact

#7
The thing which doesn't make sense with those is that it's always projects in developing and poor countries ... whereas the overwhelming majority of emissions is actually in developed countries.

If you would conceive a scheme to reduce emissions, there's no way that it's going to be in any other place than the top emitting countries, where the emission is in the first place.

Those projects are kind of shifting blame onto people and places which aren't causing the issue.

Re: Study: Carbon offsets aren’t doing their job, overstate impact

#9
post #4

Carbon credits are the only financial instrument that is scammier than crypto.

What about crypto carbon credits? https://carboncredits.com/the-top-5-carbon-crypto-companies-...

Match made in heaven

Or somewhere

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