They’re worthless because you can’t change the Milankovitch cycle by removing plantfood from the atmosphere.
You mean Green Indulgences won’t get you into heaven?.....errr I mean....won’t offset “Global Warming”?
How can I virtue signal while still living my massive massive private jet/yacht/energy sucking mansion high carbon lifestyle now???? This is a catastrophe!
Surely, you don’t expect me to live like those lowly peasants do you?
This from The Guardian!
Wonder what James O'Keefe would link over here.
Better let John F Kerry know.
It’s not worthless to those who are paid for the scam.
This is not a surprise. A geologist explained this to me years ago.
Carbon offsets were never intended to actually reduce carbon in the atmosphere. Their purpose was to allow people like Al Gore to do whatever they want while restricting the behavior and opportunities of others.
One of the options in the reservation system is for the customer to pay $1 or $2 per day in ācarbon reduction creditsā or some crap like that.
I couldnāt imagine what kind of moron checks that box when making a rental car reservation.
Carbon offsets are worthless. Something normal people with common sense always knew, the same way we know man made climate change is hoax and that the climate continually changes
It was designed as a shell game and guess what?
It IS!
9 month study for something obvious in 9 seconds?
Thanks for posting.
How many hundreds of billions of dollars worth were among the assets of Silicon Valley Bank?
Still be a scam even if it was real.
But hey...Al Gore still gets his 10%!
They burried the lede:
“Barbara Haya, the director of the Berkeley Carbon Trading Project, has been researching carbon credits for 20 years, hoping to find a way to make the system function. She said: āThe implications of this analysis are huge. Companies are using credits to make claims of reducing emissions when most of these credits donāt represent emissions reductions at all.
āRainforest protection credits are the most common type on the market at the moment. And itās exploding, so these findings really matter. But these problems are not just limited to this credit type. These problems exist with nearly every kind of credit.
āOne strategy to improve the market is to show what the problems are and really force the registries to tighten up their rules so that the market could be trusted. But Iām starting to give up on that. I started studying carbon offsets 20 years ago studying problems with protocols and programs. Here I am, 20 years later having the same conversation. We need an alternative process. The offset market is broken.ā
Those of us that are old enough remember a cereal company that gave you a deed for one square inch of Alaska.
Bull shiite “Carbon credits are about as valuable.
You mean the scam we all said was a scam turned out to be a scam?
Of course.
What a scam it always has been, but great bait for a virtue signaling fool and their money to be parted.