[s9e21] Carbon Offsets 🎁 Full Version

: If a project doesn't provide additional benefits, the company buying the credit is technically still polluting without actually helping the environment, leading to a net increase in global emissions. Case Studies in "Phantom Credits"

Mapped: The impacts of carbon-offset projects around the world [S9E21] Carbon Offsets

: Credits are often sold for protecting forests that weren't actually in danger of being cut down. Oliver mocks this as "paying someone not to do something they weren't going to do anyway." : If a project doesn't provide additional benefits,

Oliver's final take is a warning: the current system is essentially a "get out of jail free card" that prioritizes corporate PR over actual climate action. org/">Verra have responded to these criticisms? org/">Verra have responded to these criticisms

: An investigation highlighted in the show revealed that up to 90% of rainforest carbon offsets approved by major certifiers like Verra were likely "worthless" or "junk" credits.

The story of refers to the main segment of Last Week Tonight with John Oliver , which aired on August 21, 2022 . The episode dives into the "Wild West" of the voluntary carbon market, exploring why these popular tools for achieving "net-zero" goals are often deeply flawed. The Premise: The "Net-Zero" Illusion