Carbon credits are flawed, but they can still help save forests
3 Articles
3 Articles
Long accused of "greenwashing", the carbon credits purchased by companies to combat deforestation show more positive results than expected. Here's why.
How Flawed Carbon Credits Can Still Protect Our Forests
Logging Site in the Amazon Rainforest Credit: Tarcisio Schneider/Getty Images In 1986, the CEO of an energy company felt guilty about his firm’s coal-fired power plant project in Connecticut after learning about climate change. Ultimately, his company invested in tree planting initiatives in Guatemala, aimed at incentivizing farmers to preserve intact forests while offsetting carbon [...] The post How Flawed Carbon Credits Can Still Protect Our …
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