Voluntary carbon offset markets have struggled to gain trust for years. Campaigners have criticized offsets as a figleaf for polluters.
If a carbon offset cannot guarantee it is worth 1 ton of carbon not in the atmosphere, then its use to meet goals should be discouraged.
Guardian investigation finds that carbon credits generated by forest protection schemes are based on a flawed system.
If you emit some CO2, you can just pay someone else to reduce that amount somewhere else, and you’re good! But is it too good to be true?
Offset markets have important role as switching to renewable energy alone not enough, according to thinktank.
Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling from 2022 to 2025.