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offset
Offsetting allows corporations to increase emissions, while getting credit for pseudo-reductions elsewhere
We are developing a first-of-a-kind methodology for transforming industrial sabotage and other forms of direct action into carbon offsets. Browse our repository of case studies or propose a new one for analysis.
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
Capitalism isn’t what it used to be. Since 2008, critics of the world’s dominant economic system have been lamenting its imperviousness to change. And for good reason. In earlier epochs, financial crises and pandemics wrought economic transformation. In our own, they seem to have yielded more of the same. Before the 2008 crash, global capitalism was characterized by organized labor’s weakness, rising inequality within nations, and a growth model that offset mediocre wage gains with asset-price appreciation. All of these have remained features of the world’s economic order.
Wealthy companies are using the facade of ‘nature-based solutions’ to enact a great carbon land grab
in a new study, we discovered that secondary forests across the Amazon are absorbing just 9.7% of the emissions created by the destruction of old-growth forests in the region. That’s despite these regrowing habitats occupying 28.8% of all deforested land.
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.
Major airlines have claimed in recent years that they can offset emissions by supporting forest conservation projects, yet a new investigation reveals that the systems used are deeply flawed. One of the main offset accreditors, Verra, whose ‘avoided’ deforestation scheme is criticised in the investigation for lacking credibility
