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

power-technology.com

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

#171

Earlier quoted context omitted.

> Someone willing to extract CO2 from the air and store it in some rock forever can indeed offset some carbon you emitted. Except that doing so requires more energy than you got out of the process which created the CO2 in the first place. The only way to mitigate climate change is to keep CO2, in the form of Hydrocarbons, in the ground in the first place. If we have any hope at averting the worst case scenario we wou…

Or couldn't we just build a ton of nukes and start sucking? The power ratio only matters when power actually has a real cost.

Setting up that much nuclear would first fix the problem of emissions. But sure if we have extra energy and resources after that.

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

#172
post #23

Earlier quoted context omitted.

From the report: 16% were problematic, AKA they could not determine with enough precision if they were junk. The remaining 6% didn't publish enough information to even assess them. So yes, they are also junk.

I came here to confirm that I hadn't missed something in the article. Thanks for confirming. This is so fucked up...

I'm not surprised the pioneers of this was Enron after all.

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

#173
post #167

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…

> Funny, some invisible hand just moved my post from being the top comment Looks like a mod downweighted your comment, probably because it was a bit fulminatey and a bit generic. Those are inauspicious markers for an HN thread, which is why the site guidelines ask people to avoid them ( https://news.ycombinator.com/newsguidelines.html ). Your comment wasn't terrible, nor bad enough to get a moderation scolding—though…

Nice and thorough explanation. The quality of HN content and discussions is indeed great, so I won't question the procedure. :)

I honestly didn't thought of that initially and was becoming conspiranoic about what happened, lol. Thanks for the explanation.

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