Study: Carbon offsets aren’t doing their job, overstate impact

Carbon offset projects that claim to reduce deforestation are significantly overestimating their impact, with the vast majority of projects not actually slowing deforestation and those that do being less effective than they claim, according to a study published in Science.

arstechnica.com

Relevant topic timeline:

8/23/2023

Opinion

Bad carbon credits are edging out good ones in the carbon offset market, posing a significant challenge in the efforts to reduce greenhouse gas emissions and combat climate change.

8/25/2023

'Worthless': Scientists Warn Carbon Offsets Are a Dangerous Illusion

Many rainforest carbon offsets are worthless, as they have failed to reduce deforestation as promised, which raises concerns about the effectiveness of carbon credits and the future of tropical forests.

9/11/2023

Reducing Fossil Fuel Demand More Effective than Supply Cuts for Climate

Focusing on cutting demand for fossil fuels through measures such as carbon taxes and renewable energy subsidies is more effective than solely curbing supply, as it incentivizes investors and banks to stop funding the industry and leads to a reduction in production, according to climate change activists.