A deep dive into 866 public companies and 1,413 carbon projects reveals some twists in who relies on cheap offsets and who chooses to cut their own emissions instead.
The carbon offset market is full of bad actors and most carbon offsets are a scam. Since you don’t receive a tangible product or service when you buy an offset, there’s almost nothing stopping vendors from overstating how much carbon is being removed, selling the same offset multiple times, or a host of other ways to produce carbon offsets from thin air.
If you don’t believe me, I have a bridge some carbon offsets for sale.
The carbon offset market is full of bad actors and most carbon offsets are a scam. Since you don’t receive a tangible product or service when you buy an offset, there’s almost nothing stopping vendors from overstating how much carbon is being removed, selling the same offset multiple times, or a host of other ways to produce carbon offsets from thin air.
If you don’t believe me, I have
a bridgesome carbon offsets for sale.