CO2 QUOTE Closing from Cierre del 22-07-2024 63,79 €/T

MostCO2 offset credits for protecting forests are based on fictitious calculations

New work published in the journal Science shows that most of these carbon offset projects exaggerate their benefits and only a meager 6% of credits granted with this objective are linked to real carbon reductions.

Some of the most polluting companies on the planet, including some large oil companies, boast of having achieved carbon neutrality thanks to the CO₂ offset credits they pay in the private market. That is, their fossil fuels emit millions of tons of carbon dioxide into the atmosphere, but as they participate in projects to recover forests and other natural spaces, the bill goes to zero.

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