How does the selling and purchasing of carbon offsets reduce carbon?
It doesn’t.
A business is “allowed” to create a certain amount of carbon emissions. But they claim they created less so they are entitled to a credit for the amount they didn’t create.
That becomes an offset that they can sell.
Someone else buys the offset and it becomes a permission slip for them to create a like amount of carbon without having it count.
It is like selling a permission slip to breathe!
Notice that Al Gore said that he uses offsets to arrive at his zero carbon footprint.
What that means is that he isn’t reducing carbon emissions, he is just purchasing a permission slip (an “offset”) that gives him a free ride on a certain amount of carbon emissions.
And the amount of emissions and credits are all just theoretical based on computer models created by people who are in on the scam.
It’s nothing but a sleezy scam and a shell game used to extort money from industry and business.
Al Gore didn’t become a Billionaire cleaning up after Bill Clinton for 8 years.
He made it with his Climate Change scams.
He’s also on Apple’s board of directors. I doubt any of them are hurting financially either.
Here is the short bio Reuters has for Mr. Gore
Mr. AI Gore is an Independent Director of Apple Inc. Mr. Gore has served as Chairman of Generation Investment Management, an investment management firm, since 2004, and as a partner of Kleiner Perkins Caufield & Byers, a venture capital firm, since 2007. Mr. Gore is also Chairman of The Climate Reality Project. Mr. Gore was elected to the U.S. House of Representatives four times, to the U.S. Senate two times, and served two terms as Vice President of the United States.