3 ms·
Incentives are just completely misaligned. There are more ways to pretend you're helping than to actual help, these ways are cheaper, and nothing incentivizes p
by unholiness 3y ago
Incentives are just completely misaligned. There are more ways to pretend you're helping than to actual help, these ways are cheaper, and nothing incentivizes punishment. The buyers of the snake oil are just as happy as the sellers.
But even if the abuse, the double-counting, and the fraud were all fixed, voluntary offsets would still look silly. Buying a carbon offset in a market of whoever feels like participating is about as good as buying the NFT for Manhattan. Offsets are only a finite resource in a virtual sense. We can't take their price seriously as a moral indulgence.