I always thought #carbonoffsets are like cheating on your partner and „making things good“ by giving flowers, but it might actually be much worse and even increase #ClimateCrisis and #GlobalWarming. More than 90% are likely #phantomcredits

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

Guardian - More than 90% of #rainforest #carbonoffsets by biggest provider are worthless, analysis shows - Research into Verra, the world’s leading carbon standard for the rapidly growing $2bn voluntary offsets market, has found that, based on analysis of a significant percentage of the projects, more than 90% of their #rainforest #offsetcredits – among the most commonly used by companies – are likely to be #phantomcredits and do not represent genuine #carbon reductions. https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe