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TFA discusses this a bit: > Conscious consumers and companies are moving towards engineered carbon removals after carbon registries, verification bodies and tr
by theptip 6y ago
TFA discusses this a bit:
> Conscious consumers and companies are moving towards engineered carbon removals after carbon registries, verification bodies and trusted brands have sold fraudulent carbon offsets with abandon. Research from Oxford, Stanford and Berkeley has found that 85% of nature-based carbon offsets sold today are not “additional”, meaning nothing happens as a result of the carbon offset purchase. This has triggered a momentous shift towards permanent removals beginning in 2019 with Stripe’s landmark carbon removal RFP, followed by Shopify’s later in 2019 and then Microsoft’s in 2020.