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#offset

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A study of 26 #carbon #offset projects across six countries published in the journal Science last year found that
🔸few of them succeeded in stopping deforestation.

Whatever climate benefits the projects were purported to have were 🔸overblown by as much as 300 percent.

A separate investigationinto one of the world’s leading carbon #registries found that
🔸90 percent of its rainforest offsets turned out to be “phantom credits” that likely didn’t represent real-world reductions in greenhouse gas emissions.

And a 2022 report by nonprofit watchdog Carbon Market Watch determined that carbon offset credits offered by major European airlines were similarly🔸 linked to faulty forestry projects.

theverge.com/2024/5/22/2416242

The Verge · Big Tech thinks it can plant trees better than everyone elseBy Justine Calma

I've just computed that if you want to #offset ONE #travel by #plane #Paris to #Rio (about 2.880 tCO2, according to @labos1point5), by not sending #email (without attachment), I need to completely stop sending emails for the next ...

272 YEARS !

assuming an average of 10 emails per day, each working #day. The #carbon #footprint of an email is considered to be 4g CO2eq.

It's much easier to #StayGrounded @StayGrounded_net !

@academicchatter
#sustainability #ClimateChange #academicchatter

"A total of 39 of the top 50 #emission #offset projects, or 78% of them, were categorised as likely junk or worthless due to one or more fundamental failing that undermines its promised emission cuts.

Eight others (16%) look problematic, with evidence suggesting they may have at least one fundamental failing and are potentially junk, according to the classification system applied."

#CarbonOffsets #greenwashing
theguardian.com/environment/20

The Guardian · Revealed: top carbon offset projects may not cut planet-heating emissionsBy Nina Lakhani

'Revealed: top #carbon #offset projects may not cut planet-heating emissions

Majority of offset projects that have sold the most carbon credits are ‘likely junk’, according to analysis by Corporate Accountability and the Guardian'
theguardian.com/environment/20
#Climate #ClimateChange

The Guardian · Revealed: top carbon offset projects may not cut planet-heating emissionsBy Nina Lakhani

Making a killing on nature

Ever wondered how much money a single koala might be worth?
"At the moment, the price for the koala credit is about $400."
"A credit is the compensation a developer would need to pay in New South Wales for killing a koala's habitat — known as a "biodiversity offset"."

"Traded biodiversity 'credits' are key to Labor's environmental plans, but critics are not convinced. In New South Wales, a koala "species credit" can be bought for several hundred dollars."

"And there is no hard-and-fast commitment to stopping that native forest logging [nor] even a commitment to stopping the rampant land clearing that's happening in New South Wales and Queensland."

abc.net.au/news/2023-01-10/lab
#market #valuation #nature #ThreatenedSpecies #offset #biodiversity #extinction #koala #NSW #logging #SaveTuckersNob #BellingenLogging

Replied in thread

@LillianVS same exactly. I managed to recruit a mod from /r/Cardano for my lemmy.world Cardano community. But, I created quite a few other communities that I’d love to pass the mod duties ont as well. In each case, I started them because I wanted to protect them from nefarious actors; properly hand over the reins to trusted community members.

I want to transfer my mod duties at lemmy.world for:

#Machinists
#GuitarAmps
#RedneckEngineering
#Offset
#Darktable
#GIMP
#Krita

Replied in thread

@futurebird
We could hand off #gunControl to the #oilBarons. It would be an #offset scheme that works like this:
For each bullet you buy, you must provide a unique list of 1000 names of people you promise not to shoot.

Easy!

(At bottom of page is a link to a list of people living on a different continent, eager to make some pocket money)

Research into Verra, world’s leading #carbon standard for the rapidly growing $2bn voluntary #offset market, found that >90% of rainforest offset credits are likely “phantom credits”, not representing genuine #carbon reductions.

This raises questions over credits bought by several internationally renowned companies – some having labelled products #carbonneutral, or told their consumers they can fly, buy new clothes or eat certain foods worsening the #climatecrisis.

theguardian.com/environment/20

The Guardian · Revealed: more than 90% of rainforest carbon offsets by biggest certifier are worthless, analysis showsBy Patrick Greenfield