4 ms·
It doesn't matter that much if 70% or 90% of carbon offsets are flawed. In both cases the conclusion can only be that by default you shouldn't trust carbon offs
by hannob 4y ago
It doesn't matter that much if 70% or 90% of carbon offsets are flawed. In both cases the conclusion can only be that by default you shouldn't trust carbon offsets.
- beefman 4y agoAlso, the point of offsets was supposed to be that they're tradeable securities. For market to align with goal, portion of securities that align with goal must be >> 50%. Fraud up to 15% can seemingly be tolerated in some contexts,[1] meaning 85% of offsets would have to be legitimate. [1] https://www.sfgate.com/news/article/The-15-belief-factor-3152311.php https://www.sfgate.com/news/article/The-15-belief-factor-315...