Carbon offsetting is a device some corporations and countries strive to counteract the greenhouse gases they emit. Offsetting involves striking money into funds dedicated to reducing emissions elsewhere. But critics declare the mechanism permits prosperous corporations to elevate on with polluting behaviour in prefer to reducing emissions. Carbon offset funds will even be linked to projects for reforestation, renewable energy, or funding climate mitigation for poorer communities.
At COP26, a two-week UN climate convention to be attended by world leaders in Scotland, carbon offsetting will most likely be on the agendas of many countries searching for to lower their whole emissions. One in all the challenges dealing with climate negotiators will most likely be to connect a unified accounting framework for getting and promoting carbon offsets on an world stage.
Does the mechanism genuinely work? For folks who fortify procuring carbon offsets, a world carbon market could possibly possibly well drastically lower the enviornment’s CO2 emissions. But for some environmental groups, the earnings of offsetting is arguable and regarded as a stalling tactic to steer positive of proper CO2 low cost and continue actions that can aggravate the climate emergency.
On this episode of The Streak, we’ll talk about carbon offsetting. How essential is it in fighting the arena climate emergency?
Be half of the dialog:
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