Published 1 year ago

Big brands' rainforest offsets are often worthless, analysis finds

Summary by Ground News

The forest carbon offsets approved by the world’s leading provider and used by Disney, Shell, Gucci and other big corporations are largely worthless and could make global heating worse, according to a new investigation.

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The Guardian

Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating

1 year ago·London, United Kingdom

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NDTV

Most Rainforest Carbon Offsets 'Worthless': Report

A system that allows big corporations to buy carbon offsets in rain forests to cancel out their harmful emissions is essentially "worthless," an analysis by several media organisations showed Wednesday.

1 year ago·New Delhi, India

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Alternet

'Largely useless': Analysis finds that carbon offsets 'could make global heating worse'

Over 90% of the rainforest carbon offsets sold by the nonprofit organization that sets the world's leading sustainability standard "are largely worthless and could make global heating worse," an investigation published Wednesday by three media outlets revealed.For nine months, The Guardian, Die Zeit, and SourceMaterial analyzed scientific studies of Verra, "the world's leading carbon standard" in a voluntary global offset market worth $2 billion…

1 year ago·Washington, United States

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Common Dreams

Rainforest Carbon Offsets Used by Major Corporations 'Largely Worthless': Analysis

"Companies are making false claims and then they're convincing customers that they can fly guilt-free or buy carbon-neutral products when they aren't in any way carbon-neutral," one expert lamented.

1 year ago·United States

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Mother Jones

Big brands' rainforest offsets are often worthless, analysis finds

Disney, Shell, Gucci, and others are relying on “phantom credits.”

1 year ago·United States

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Truthout

Report Reveals 94 Percent of Rainforest Carbon Offsets by Major Provider Are Useless

A new analysis suggests corporations’ climate commitments are based on a deeply faulty carbon market.

1 year ago·Sacramento, United States

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Big brands' rainforest offsets are often worthless, analysis finds

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Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

Most Rainforest Carbon Offsets 'Worthless': Report

Most Rainforest Carbon Offsets 'Worthless': Report

'Largely useless': Analysis finds that carbon offsets 'could make global heating worse'

'Largely useless': Analysis finds that carbon offsets 'could make global heating worse'

Rainforest Carbon Offsets Used by Major Corporations 'Largely Worthless': Analysis

Rainforest Carbon Offsets Used by Major Corporations 'Largely Worthless': Analysis

Big brands' rainforest offsets are often worthless, analysis finds

Big brands' rainforest offsets are often worthless, analysis finds

Report Reveals 94 Percent of Rainforest Carbon Offsets by Major Provider Are Useless

Report Reveals 94 Percent of Rainforest Carbon Offsets by Major Provider Are Useless

Coverage Details

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