#Shell Scraps Its $100M #CarbonOffset Plan
#ShellPLC quietly abandoned its plan to spend $100 million a year on #carboncredits, "which is the largest offset program among corporations." The move comes six months after its new CEO #WaelSawan took office.
https://carboncredits.com/shell-scraps-its-100m-carbon-offset-plan/

@mhalila All those "#CarbonCredits" and "#CarbonOffset" thimgs are just #scams to milk gullible consumers and businesses...

Instead of selling "renewable energy" at a premium, how about we make all energy renewable instead?

https://mstdn.social/@kkarhan/110854138279974175

"The phrase, the world wants to be deceived, has become truer than had ever been intended." - Theodor Adorno (1967)
https://www.theguardian.com/environment/2023/aug/24/carbon-credit-speculators-could-lose-billions-as-offsets-deemed-worthless-aoe
#carbon #carbonoffset #climatechange

🌳🌎 One acre of trees: Removing CO2 from a 26,000-mile car journey! 🚗🌳

Discover the incredible environmental impact of just one acre of trees! 🌳💨 By absorbing carbon dioxide, it can effectively offset the emissions produced from a car traveling a staggering 26,000 miles! 🌍🌳

#ClimateAction #TreePower #CarbonOffset #SustainableFuture

@MarkRuffalo

Bebause carbon offsets are a lie.
Carbon capture is lie.
Footprints are a lie.

Bebause carbon offsets are a lie, to make people think something is being done about climate

Canada doubles their ability to ship oil, as Canada continues to fail to build wind and solar energy, it spends billions of getting carbon burned FASTER.

There are no carbon offsets for 🇨🇦 200 billion tons of oil, for 🇨🇦500 billion tons of CO2.

#climateChaos #climateCrisis #canada #carbonOffset

#CEO of biggest #carboncredit certifier to resign after #carbonoffset claims shown worthless
#DavidAntonioli to step down from #Verra, which was accused of approving millions of worthless offsets used by major companies
Verra’s CEO, David Antonioli, said he would leave his role after 15 years leading the organisation that dominates the $2bn voluntary #carbon market, which has certified more than 1bn credits through its verified carbon standard (VCS).
https://www.theguardian.com/environment/2023/may/23/ceo-of-worlds-biggest-carbon-credit-provider-says-he-is-resigning #climatechange

#Researchers #discovered that many #CarbonOffset #forest projects, especially those in the #SoutheastUS and on the #WestCoast , are anticipated to lose #carbon by the end of the century depending on the model approach & the #climate scenario.The findings, according to Wu, show that various #ecological & climate models have various strengths & weaknesses and that taking these factors into account identifies the research gaps for more accurate climate projections.

https://cleantechnica.com/2023/04/11/forests-in-the-us-face-an-unclear-future-due-to-climate-change/amp

Day 7 #30daysofbiking and #carbonoffset challenge with People for Bikes. Enjoyed a sunny ride between rain

@breadandcircuses

I'm all for planting trees; but #carbonOffset = "for every pedestrian I run over in my #SUV I will create 10 yards of pedestrian zone in Antarctica".

Or, check out the concept of #indulgences , e.g. https://www.historyextra.com/period/medieval/indulgences-catholic-church-what-why-sold-absolution-sin-reformaton/

A NewReport released today by #SurvivalInternational #exposes major #flaws in a #flagship #CarbonCredits #scheme whose customers have included #Meta & #Netflix .

The report “#BloodCarbon : how a #CarbonOffset scheme makes millions from #Indigenous land in Northern #Kenya ” #analyses the Northern Kenya #Grassland #Carbon #Project run by the #NorthernRangelandsTrust (#NRT ) on land inhabited by more than 100,000 Indigenous #Samburu , #Borana & #Rendille people.

https://www.survivalinternational.org/news/13659

#Unceded

“I'm an environmentalist, I buy carbon offset credits”
“It would be hypocritical to sue the oil industry but then use the products of this industry”
— Vancouver Mayor Ken Sim, Feb 28

the greenest city btw 🔥 :thisisfine: 🔥

#CarbonOffset #ClimateCrisis #BigOil #OilIndustry #Vancouver #VanPoli

I wonder if the #carbonoffset and #sustainability industry proves to work in the same way?

"Creating standardization is the #carbonoffset market’s space race. Solving these issues could grow the market by several orders of magnitude, but we run the risk of too many of these competing efforts happening at once, similar to what we’ve seen in adjacent areas like #ESG reporting and #sustainablefinance." https://bit.ly/3wqjjYW

What really triggers me about The #Guardian's and #ZEIT's research on the dysfunctional #CarbonOffset schemes is the fact that they don't even ask the most important question up front:

How the f*** is this even considered climate action?

Just to be clear: Offsetting means nothing more than emitting the CO2 that would've otherwise been emitted by cutting down trees. In other words: the CO2 is emitted *anyways*. If the scheme works, that is (fun fact: it doesn't according to the newspapers' research).

So, the scandal isn't that the CO2 wasn't removed (i.e. offset). The scandal is that it was emitted at *twice* the amount and even with a little bit of free #greenwashing included.

The general rule remains: If it's too cheap, it's probably a #scam.
Case and point: #Atmosfair calculates a 1 person round-trip from Frankfurt to Honolulu to emit about 7.2t of CO2. At an estimated CO2 price of 200 € (estimation #Umweltbundesamt), this should cost ~1400 €. Atmosfair claims that this flight could be compensated with 166€ (LOL).
Oh, and btw: The round-trip costs ~1400 € with Lufthansa and less than 800 € over an flight portal.

Can we please just stop doing such unbelievably stupid things?

https://www.zeit.de/wirtschaft/2023-01/co2-certificates-fraud-emissions-trading-climate-protection-english

Underpriced. Overissued. Fake.

#CarbonOffset #CO2certificates #demand #supply

It’s probably less harmful to amplify the speeches of authoritarian leaders like #bolsonaro #trump #erdogan or #putin then to go out there and debate #carbonremoval or #carbonoffset as if these are viable solutions. We must first target zero emissions which requires a real paradigm shift and societal commitment from everyone.

Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows
(The Guardian article by Patrick Greenfield)

“[..] I started studying carbon offsets 20 years ago studying problems with protocols and programs. Here I am, 20 years later having the same conversation. We need an alternative process. The offset market is broken.”

https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe

#ClimateChange #CarbonOffset #TheMarketIsBroken

@egghat #CarbonOffset #NetZero #CarbonCapture are all Glass Onions.

GUARDIAN: Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe
„Worthless“. Die Hörerïnnen und diesem #mikrooekonomen #Podcast, wo ich ab und zu anwesend bin, sind nur mild überrascht … Wir beäugen den Markt von #CarbonOffset schon länger skeptisch …

#CarbonOffset is trending (guardian link = https://www.theguardian.com/environment/2023/jan/18/carbon-markets-credits-offsets-deforestation-aoe). We did a post on #CarbonOffsetting (via the now defunct twitter) in July last year. Original thread = https://twitter.com/RoastingHouseUK/status/1550100093554118657

Putting here for relevance:

Going down a rabbit hole of how much CO2 our deliveries produced. TIL about CO2e which is a catch all for all emissions produced such methane etc and what I'm using for this thread

A lot of this thread is somewhat simplified for ease but I do have spreadsheets.

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