Analysis of the carbon offset projects used by top corporations including Delta, Gucci and ExxonMobil raises concerns around their emission cuts claims
It’s been overseen by a bunch of verification bodies (eg: Verra) which don’t seem to have any real objection to the fact that they’re blessing fraudulent credits.
Right. There are so many links in this chain that could cause the entire thing to break. Corruption in the verification bodies. Fake credits. Deception about actually buying credits.
We’re talking really large sums of money too. Like if I take an aeroplane I can tack on a significant sum to “offset” my fare, and I have absolutely no guarantee that that money doesn’t just end up in the CEOs pockets.
Sure, the company could say “of course we won’t just take the money and run”, and as we all know, companies never lie.
It’s been overseen by a bunch of verification bodies (eg: Verra) which don’t seem to have any real objection to the fact that they’re blessing fraudulent credits.
Right. There are so many links in this chain that could cause the entire thing to break. Corruption in the verification bodies. Fake credits. Deception about actually buying credits.
We’re talking really large sums of money too. Like if I take an aeroplane I can tack on a significant sum to “offset” my fare, and I have absolutely no guarantee that that money doesn’t just end up in the CEOs pockets.
Sure, the company could say “of course we won’t just take the money and run”, and as we all know, companies never lie.