123

The analysis, published on Thursday, found that 18 big forest offsetting projects had produced millions of carbon credits based on calculations that greatly inflated their conservation impact. The schemes, which generate credits by avoiding hypothetical deforestation, were found not to reduce forest loss or to reduce it by only small amounts, far less than the huge areas they were claiming to protect, rendering the credits largely hot air.

The findings follow a 2020 study of 12 projects in the Brazilian Amazon by the same group, which found they had a negligible impact on stopping deforestation despite generating credits on the basis they were preventing large areas from being destroyed. A 2022 study of 40 Verra-approved projects led by University of Cambridge researchers found that while some projects did stop deforestation, most stopped none or small amounts.

all 28 comments
sorted by: hot top controversial new old
[-] MF_COOM@hexbear.net 70 points 1 year ago

Wait hang on wait wait wait you're telling me the market won't solve the climate apocalypse?

[-] robot_dog_with_gun@hexbear.net 47 points 1 year ago
[-] newmou@hexbear.net 41 points 1 year ago

Gee who would have thought the cryptocurrency of climate change mitigation wouldn’t work

[-] Magician@hexbear.net 38 points 1 year ago

Welcome to The Cassandra Network, where you won't believe how many times we told you so!

[-] happyandhappy@hexbear.net 36 points 1 year ago
[-] Posadas@hexbear.net 36 points 1 year ago
[-] Elon_Musk@hexbear.net 34 points 1 year ago
[-] Infamousblt@hexbear.net 31 points 1 year ago
[-] lemmyseizethemeans@lemmygrad.ml 28 points 1 year ago* (last edited 1 year ago)

Capitalism trying to capitalism it's way out of a capitalism caused catastrophy. Classic.

[-] barrbaric@hexbear.net 27 points 1 year ago
[-] SootySootySoot@hexbear.net 24 points 1 year ago

"Okay guys Capitalism is exploitative and destroys the planet for greed, we need it to NOT do certain stuff."

"Here I made this Capitalist system called 'Carbon Credits' that will solve it."

"Whaaat this Capitalist system is becoming exploitative and destroying the planet for greed?????"

[-] AOCapitulator@hexbear.net 21 points 1 year ago* (last edited 1 year ago)
[-] Owl@hexbear.net 21 points 1 year ago
[-] Magician@hexbear.net 6 points 1 year ago

Lol I had no idea the messed up one became its own emoji

[-] WhatDoYouMeanPodcast@hexbear.net 19 points 1 year ago

Who did they lose billions to? Maybe a leftist shorted this doomed to fail model and is about to buy a communism?

[-] Redderthanmisty@lemmygrad.ml 11 points 1 year ago

Engles is back baby!

[-] Dolores@hexbear.net 16 points 1 year ago

i cannot imagine a better person for this to happen to

[-] HamManBad@hexbear.net 15 points 1 year ago
[-] neo@hexbear.net 14 points 1 year ago
this post was submitted on 24 Aug 2023
123 points (100.0% liked)

news

23575 readers
1047 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS