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Finally, someone gets it right - the Bloomberg statement above that "the climate-cooling benefits they provide are already baked into the global goals for lowering emissions." The entire planet has always been involved with solving the carbon cycle problems, that's how the fossil fuels got stored away (not very safely, it appears). Even if a country with a tropical rain forest could demonstrate reduced damage to the forest (end logging, etc.) that act still can’t be sold as an emissions mitigation, since it only serves to bring that forest back up to full operation.

Then Donna Lee mentions that “we just don’t have a carbon budget for these credits,” and for certain, none of these “offsets” has ever resulted in a lowering of the CO2 level, see the Keeling Curve charts. As she says, it becomes a trade-off, an imaginary right to continue to burn fossil fuels.

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