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

arstechnica.com

151–160 of 233 posts

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

#151
> “Potential buyers benefit from consistently low prices created by the flood of credits. It means that companies can tick their net zero box at the lowest possible cost,” he said.

Basically, the companies only care about the being able to tout their green initiatives at the lowest possible price, so this is exactly what they want.

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

#154

> “Potential buyers benefit from consistently low prices created by the flood of credits. It means that companies can tick their net zero box at the lowest possible cost,” he said. Basically, the companies only care about the being able to tout their green initiatives at the lowest possible price, so this is exactly what they want.

[deleted]

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

#157

> “Potential buyers benefit from consistently low prices created by the flood of credits. It means that companies can tick their net zero box at the lowest possible cost,” he said. Basically, the companies only care about the being able to tout their green initiatives at the lowest possible price, so this is exactly what they want.

I knew it was all BS as soon as it went to "carbon neutral" or the like with no emphasis on, ya know, using less in the first place.

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

#159

I was looking through the Alabama property records one time because I was wondering who owns all these huge tracks of land with nothing on them. They all traced back through a series of shell companies to Wall Street investment banks.

just for future reference, the word is tract

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

#160

I was looking through the Alabama property records one time because I was wondering who owns all these huge tracks of land with nothing on them. They all traced back through a series of shell companies to Wall Street investment banks.

Do you have an example? Some seemingly empty stretches you see along I75 through Georgia, for example, are farmed for trees that're periodically harvested to make paper products. I wouldn't be surprised if some of these parcels traced back to private equity or something, despite actually being used to make toilet paper or whatever.
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