4 ms·
The program itself, with the intention and success of making renewables competitive, is absolutely a good thing. It's just not working quite as well as it coul
by yccs27 4y ago
The program itself, with the intention and success of making renewables competitive, is absolutely a good thing.
It's just not working quite as well as it could, because offset companies cheat. Carbon offsets now don't really help with the climate, and their price doesn't reflect the real cost of the emissions. And in the process, companies can present themselves as "carbon-neutral" when they really aren't, and thus can avoid consumer or even further regulatory actions.