2 ms·
They buy the credits to offset responsibility. Their purchase is supposed to go to investment/efforts from others to offset the carbon rather. As you can predic
by uLogMicheal 3y ago
They buy the credits to offset responsibility. Their purchase is supposed to go to investment/efforts from others to offset the carbon rather. As you can predict, there's a lot of racket and bias between point A and point B on this money.
- ajross 3y agoIt's true that the incentives are all mixed up in this industry. The ability to cheat is very high and there's little to no third party verification (and in a lot of cases the offset technique is novel and frankly seems to need some peer review). But that's not the same as saying "there's a lot of racket and bias". In fact my impression is that most of these firms are sincere and not cheating at all. But over time, this is absolutely going to need some regulatory attention.