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

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

#31
There are three parties in such contracts. Look at their incentives.

* The company who wants a certificate saying they offset their carbon usage - the certificate being useful for publicity, and possibly tax breaks/subsidies. They care just about the certificate, not about offsetting carbon.

* The tree planting (or whatever way they are offsetting) company. They just want to claim they planted the tree. Nobody else is really checking to see if they planted the trees, if these trees were only planted for one offset contract, and five years later if the trees hit maturity.

* The company handing out the certificates. They match a claim from a tree-planting company with a certificate buying company. They don't really care that the carbon was offset. In fact, the larger their record of past projects, the bigger clients they can score in the future. So they have every incentive not to look too closely at the tree planter. Just to print out a certificate with minimal oversight.

In such a market, is the TFA result surprising.

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

#32
post #13
post #6

Are the other 22 % certain junk? The effects fundamentally do not seem offsetable. The offset industry is based on an idea that you can remove greenhouse impacts from your process without a significant impact on prices, and a corporation is somehow better positioned to donate to a fund than a consumer is. That's bullshit.

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.

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

#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.

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

#35

Carbon cap and trade, Carbon Offsets, and any other scheme to "cap and market" pollution is not about saving the environment, it is protectionist program of wealth redistribution nothing more. These programs are about control, and wealth redistribution lets stop pretending otherwise

> These programs are about control, and wealth redistribution lets stop pretending otherwise

Shrug, if it's all BS but it does something to the mind-bogglingly skewed wealth distribution[1] we can still chalk it up as a win.

[1] https://youtu.be/QPKKQnijnsM?si=90mDv90g1mq6-a0T

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

#37
In other news, world oil consumption is at record highs at 101.5 million barrels of oil per day.

Thats 2 liters (large coke bottle) of oil per person in the world per day, and when burned turns into 3000 liters of CO2 (about the volume of a large couch).

If everyone produced a couch-size piece of any other kind of junk each day, within a week the streets would be jammed with couches. But because it's invisible gas, life goes on as if we're not making a huge mess.

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

#38
post #4

I once worked somewhere where I found some evidence that the offsets we were considering buying were probably junk. The CEO agreed, bought them anyway, and proudly proclaimed to all staff how we were now a net-zero company. Junk offsets are cheaper.

Feels like modern form of absolving sins. All you need is charismatic preacher to bop you on theforhead and say you are saved.

It's not a terrible idea as a way of funding work to scrub atmospheric carbon for companies who don't want to or can't do it themselves. I just wish we were more strict about only including sellers that remove (not reduce) carbon from the atmosphere in a directly measurable way.
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