Earlier quoted context omitted.
There has been a move to get the FTC to start labeling these net carbon numbers as misleading advertising because it always includes a bunch of purchased offsets unrelated to the company. Further, there have been some real and complicated situations where carbon credits were sold more than the actual amount of offset carbon -- meaning for example BigCorpA and BigCorpB buy the same "green energy infra" credits from pr…
>There has been a move to get the FTC to start labeling these net carbon numbers as misleading advertising because it always includes a bunch of purchased offsets unrelated to the company Which is good, because carbon offset are a scam.
Now, if you are a fossil fuel megacorp and want to burn the entire cap and trade system to the ground, creating a 'carbon offsets are a scam' meme and destroying the 'trade' side is a great way to manufacture consent to get rid of that pesky 'cap.'