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hatrack

(63,956 posts)
2. It's not good . . .
Thu Nov 6, 2025, 07:12 AM
Thursday

Shorter version:

1. Carbon offsets have been hyped to an absurd degree.
2. Turns out most of them are full of double-counting, fake accounting and BS.
3. Some, however, have been highly effective.
4. However, since the whole machine runs on a market price for carbon emissions, the collapse of that price is taking the whole thing down, including the small number of effective projects.
5. What could have been an effective approach - with honest oversight - just got the boot.

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