The Great Cash-for-Carbon Hustle
www.newyorker.com
Offsetting has been hailed as a fix for runaway emissions and climate change—but the market’s largest firm sold millions of credits for carbon reductions that weren’t real.
  • RBG@discuss.tchncs.de
    21·
    1 year ago

    Who would have thought. Good it came out. Now get ready for absolutely nothing to happen or change based on that.

    • silence7@slrpnk.netOPM
      4·
      1 year ago

      People already stopped buying the offsets; their market value dropped to near zero as a result.

          • Ben Matthews
            2·
            1 year ago

            It’s crashed and revived before, selling a feel-good drug that satisfies addictions to high-energy lifestyles, real-world impact was never the point.