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At about that time I came into contact with a carbon offsets brokerage which European royalty had backed. I wondered if what they were actually selling was the
by Biologist123 5y ago
At about that time I came into contact with a carbon offsets brokerage which European royalty had backed. I wondered if what they were actually selling was the opportunity to rub shoulders and network with some big hitters. That company was sold for a lot of money before the carbon market crashed last time for a range of reasons which I don’t think have been resolved.
- moralestapia 5y ago>[...] for a range of reasons which I don’t think have been resolved Care to elaborate? I'm very interested in this. Thanks.
- Biologist123 5y ago1. The science is - believe it or not - unsettled. Take this on soil carbon sequestration: https://www.quantamagazine.org/a-soil-science-revolution-upends-plans-to-fight-climate-change-20210727/ https://www.quantamagazine.org/a-soil-science-revolution-upe... 2. Leakage seems inescapable both physical and in an economic sense as I described above. 3. Because the market is voluntary, it’s extremely vulnerable to cost-cutting. I’d say those are the three main issues which have not been resolved since last time.