Here’s how the carbon credits it sold may have fueled climate change.
The Big Story
Mon. May 10, 2021
The Massachusetts Audubon Society has managed its land as wildlife habitat for years. Here’s how the carbon credits it sold may have fueled climate change.
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More From This Investigation
New research shows that California’s climate policy created up to 39 million carbon credits that aren’t achieving real carbon savings. But companies can buy these forest offsets to justify polluting more anyway.
Those trying to make them work reacted passionately about ProPublica’s investigation, which found they have failed to deliver the climate benefit they promise. Their arguments come up short.
The emergency threatening part of the world’s largest rainforest is proof that offsets are too risky to count on to cancel out corporate pollution, and that the Amazon needs help without strings attached.
How the hunger for these offsets is blinding us to the mounting pile of evidence that they haven't — and won't — deliver the environmental benefit they promise
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