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Carbon credits and offsets do not have a great record but the funds they raise are a vital part in fight against deforestation
Carbon offsets can help achieve emissions goals, some experts argue, while others say they are actively dangerous
Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating
The Bootleg Fire is raging through a project in southern Oregon, where 400,000 acres of forest owned by Green Diamond Resource Co. are being preserved to compensate for greenhouse gas emissions elsewhere. Microsoft in February paid Green Diamond to offset a quarter million tons of the tech giant’s 2021 carbon emissions.Two other wildfires are active within a Colville Indian Reservation carbon project in eastern Washington.
