By: Trimo Pamudji Al Djono (Community Development Specialist) Carbon credits are tradable certificates that represent the reduction of one tonne of carbon dioxide or the equivalent of other greenhouse gases. They can be used to offset emissions from other activities, such as flying or driving. Carbon credit projects can be implemented at any scale, from …
A number of major carbon traders are finding that offsets they bought may now be valueless. Trafigura Group, the world’s largest trader of carbon removal credits, has suspended a consignment as it awaits the results of an investigation into the forestry project behind the units. The situation has led the company to replace the offsets …
Carbon-credit traders find their CO2 offsets may be worth nothing Read More »
Investigation into Guardian articles on carbon offsetting finds most are ‘clickbait’ and may worsen global heating. source: https://www.aljazeera.com/opinions/2022/11/30/how-the-eu-can-help-save-indigenous-lives-and-the-amazon A series of articles about carbon offsetting published in a leading newspaper are largely worthless and could make global heating worse, according to a new investigation. The research into UK based ‘the Guardian’, one of the world’s …
In the global pursuit of combating climate change, carbon credits have emerged as a valuable mechanism to incentivize and promote actions that reduce carbon emissions and enhance carbon sequestration. These credits serve as tangible representations of the reduction or removal of greenhouse gas emissions from the atmosphere, playing a crucial role in mitigating the effects …
The Diverse Landscape of Carbon Credits: A Comprehensive Overview Read More »
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