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IMHO, companies should work directly to limit their scope-1 and most of their scope-2 emissions. they should buy carbon credits to offset their scope-3 (and may
by igor47 3y ago
IMHO, companies should work directly to limit their scope-1 and most of their scope-2 emissions. they should buy carbon credits to offset their scope-3 (and maybe some of their scope-2) emissions.
the scope-3 emissions of one company are the scope-1 emissions of another company, so the hope is that, as everyone tackles their own scope-1, we reduce emissions to 0 (which is the goal).
more on emission scopes: https://www.forbes.com/sites/gauravsharma/2023/06/11/understanding-scope-1-2-and-3-emissions-and-the-need-for-such-categorization/?sh=20172f4b1ff9 https://www.forbes.com/sites/gauravsharma/2023/06/11/underst...
quick summary:
* scope 1 -- direct emissions, for meta this might be nothing
* scope 2 -- carbon emissions made indirectly by a company to facilitate its daily operations via energy and utility purchases, the most obvious examples of which being power, heating and cooling. for meta this is probably most of their emissions. meta should be involved in PPA (power purchasing agreements) to directly fund renewable energy to run their operations. buying credits to offset powering their datacenters by burning coal would probably qualify as "pointless greenwashing"
* scope 3 -- indirect emissions, excluding those included in scope 2, both up and down the value chain. for meta, this would be stuff like flights they buy for their employees to travel to meetings. this is the kind of thing that should be covered with carbon credits, meta should not be, like, building electric airplanes.
- leipert 3y agoHuh. I would argue companies should also work to reduce their “scope 3” emissions by reducing unnecessary travel and maybe even reducing commutes of their employees.
- igor47 3y agoabsolutely. i think the problem with this whole space is, it's entirely voluntary, or sometimes we have carrots like tax incentives for building renewable energy infrastructure. i think that instead, for scopes 1 and 2, we should have regulation that phases out dirty technologies. in my industry (refrigerants) the montreal protocol is a great example of how to force the phase-out of polluting technology. we know this can work (i wrote a blog post about this at https://www.recoolit.com/post/refrigerants-what-are-they https://www.recoolit.com/post/refrigerants-what-are-they). for scope 3, i think it's hard to regulate "buy fewer flights". or, like, "buy flights only if it's really important to have an in-person meeting". this is where carbon pricing comes in -- then we can use market incentives to force companies to only buy the important flights.
- dado3212 3y agoFor the record, I think this is primarily targeting scope 3, at least based on their most recent Sustainability Report. But I agree that focus on driving 1 and 2 to 0 and shrink 3 as much as possible is the best approach.