Carbon Credits are a scam. Not just because a lot of the projects are literal scams but because the fundamental idea is fucked. The market will not solve this. Quite the opposite.
(Title: Study: Carbon offsets aren’t doing their job, overstate impact) https://arstechnica.com/?p=1963543
How can you offset destruction by dislocating climate-damaging #CO2 to another place /time? You monetarize #emissions in form of a license to kill the environment while somewhere a few trees might be planted or a forest is not being cut down - in theory.
Net zero arithmetics shift a lot of waste industrial #capitalism produces to the Global South or in dubious CCS-projects - #Green#colonialism for a #white conscience.
Absolute emission reduction is the only way - #degrowth.
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