: If a project doesn't provide additional benefits, the company buying the credit is technically still polluting without actually helping the environment, leading to a net increase in global emissions. Case Studies in "Phantom Credits"
Mapped: The impacts of carbon-offset projects around the world
Oliver's final take is a warning: the current system is essentially a "get out of jail free card" that prioritizes corporate PR over actual climate action. org/">Verra have responded to these criticisms?
The story concludes that while offsets could theoretically help, they are currently used as a tool for . They allow companies to avoid the more difficult task of actually cutting their own emissions at the source by simply throwing money at questionable projects.
The episode details several high-profile examples of carbon offset failures:
: If a project doesn't provide additional benefits, the company buying the credit is technically still polluting without actually helping the environment, leading to a net increase in global emissions. Case Studies in "Phantom Credits"
Mapped: The impacts of carbon-offset projects around the world
Oliver's final take is a warning: the current system is essentially a "get out of jail free card" that prioritizes corporate PR over actual climate action. org/">Verra have responded to these criticisms?
The story concludes that while offsets could theoretically help, they are currently used as a tool for . They allow companies to avoid the more difficult task of actually cutting their own emissions at the source by simply throwing money at questionable projects.
The episode details several high-profile examples of carbon offset failures:
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