‘Double counting &amp outright fraud’: Studies find carbon credits provide ‘little or no environmental

[rangerrebew]

‘Double counting & outright fraud’: Studies find carbon credits provide ‘little or no environmental gain’ – ‘Turning into 21st-century papal indulgences’

"A 2016 study found that 73 percent of carbon credits provided little or no environmental gain, as they supported projects that would have happened anyway. That figure rose to 85 percent of projects under the UN’s Clean Development Mechanism.”

"Badly designed donation programs are turning into 21st-century papal indulgences."

"If a private jet emits roughly eight times as much per passenger as a 747, the most reliable way to reduce its impact is to leave it on the tarmac."

"As organizations proliferate, the risks of double counting and outright fraud grow."

https://www.climatedepot.com/2021/02/19/double-counting-outright-fraud-studies-find-carbon-credits-provide-little-or-no-environmental-gain-turning-into-21st-century-papal-indulgences/

[Fishrrman]

Carbon credits -- a euphemism for the concept of putting a lot of money into the right pockets... (and nothing else)