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Investigation: 78% of carbon offset projects globally are “likely junk“

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51–60 of 173 posts

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#51
Complicated solutions are, well, complicated. How do you know that doing x results in less net emissions? Action x is, very likely, part of a graph that starts at one point on the globe and spreads all over. Is it possible to honestly tally emission effects?

What about the "side effect" of economic growth?

If company Y produces vehicles that emit CO2, and CO2-emitting vehicles are taxed, company Y will transition to electric vehicles which, for the sake of exposition, let's really believe don't produce CO2. But now company Y can contribute to economic growth, for example by selling trucks that can transport more goods at no "environmental cost", other than the environmental cost of the goods themselves (e.g., imagine the trucks are transporting coal, meat, or people), the cost of making and maintaining the roads, etc.

Generally, if GDP grows a factor of z in a certain time-period and CO2 emissions are reduced by a factor of w per unit of GDP in the same period, then as long as z / w > 1, CO2 emissions increase.

In my opinion, the best solution for Earth is to reduce GDP units while also trying to reduce CO2 emissions per GDP units. The best solution for people is to keep economic growth unchecked. Since the two things are incompatible, Earth and people should part ways.

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#52
Incentives are just completely misaligned. There are more ways to pretend you're helping than to actual help, these ways are cheaper, and nothing incentivizes punishment. The buyers of the snake oil are just as happy as the sellers.

But even if the abuse, the double-counting, and the fraud were all fixed, voluntary offsets would still look silly. Buying a carbon offset in a market of whoever feels like participating is about as good as buying the NFT for Manhattan. Offsets are only a finite resource in a virtual sense. We can't take their price seriously as a moral indulgence.

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#53

Are there any that aren't junk? Wren got a lot of promotion by YouTubers recently. Maybe they were paid to say nice things? Doesn't prove it's junk though? Where would you invest if you wanted to help?

I looked into Wren and others a little while ago and raised my eyebrows when I saw that all that was needed to completely offset my impact on the environment was a tiny sliver of my income! I don’t recall the exact number but it was under $60/mo.

That’s it? For my travel, growing and shipping and refrigerating all of my food, digging up and purifying all the special metals in my devices and appliances, throwing all my waste in a landfill?

It just doesn’t add up. If net zero were that cheap and easy, it wouldn’t be a problem.

It seems like they’re selling a way to feel good about yourself without a real lifestyle change. Having said that, though, I do get the impression that the proceeds are put to good use.

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#54
post #34

It is my firm belief that anyone who wants to solve climate change through "carbon sequestration" either doesn't actually understand the technological requirements involved or is just trying to kick the can down the road. We need to reduce - that is the solution.

Reducing only slows the process. It can theoretically buy time to solve the climate problems but it doesn't solve them on its own.

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#56
post #13

Earlier quoted context omitted.

The most verifiable type of offset that I've heard about is landfill methane capture. You can measure the amount of methane captured, and that is what you've offset.

But then what happens to the methane? Typically it's burned to make CO2. CO2 lasts longer in the atmosphere than methane.

Burning methane that would otherwise be released into the atmosphere is a good thing.

Better yet to actually use it for something that will offset fossil fuel use though.

I think they burn the various CFCs and HFCS they extract from old refrigeration units for similar reasons.

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#57

Three years ago I entered this business as I saw some opportunity. After about a year I got out because everything there was fraud. F R A U D. >most of them exaggerate climate benefits and underestimate the potential harm [...] >projects were categorised as “likely junk or worthless” due to one or more “fundamental failing” that undermines its alleged emissions offsetting power [...] Stop trying to disguise these ope…

Did you find any schemes where you were satisfied they were genuine? I'd love to know where I could donate money where I could be confident it genuinely had an impact

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#59

Three years ago I entered this business as I saw some opportunity. After about a year I got out because everything there was fraud. F R A U D. >most of them exaggerate climate benefits and underestimate the potential harm [...] >projects were categorised as “likely junk or worthless” due to one or more “fundamental failing” that undermines its alleged emissions offsetting power [...] Stop trying to disguise these ope…

Step 1 - buy something “full of carbon” or potentially “making carbon” (like a future cow farm)

Step 2 - get paid for “offsets” not to do that thing that you never did

Re: Investigation: 78% of carbon offset projects globally are “likely junk“

#60
post #34

It is my firm belief that anyone who wants to solve climate change through "carbon sequestration" either doesn't actually understand the technological requirements involved or is just trying to kick the can down the road. We need to reduce - that is the solution.

What're you going to do about all of the dead dinosaurs in the air that used to be in the ground?

They didn't say don't use carbon sequestration. They said don't expect it to be the solution.
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