Re: the quote above: "the credits being offered for sale by Gabon may be worthless as a means of compensating for real emissions occurring elsewhere." Does this not apply to ALL carbon credits? Has ANY carbon credit ANYWHERE ever compensated for any emission at all, anywhere?
I agree. The purpose of carbon credits is to allow the fossil fuel industry to continue polluting for as long as possible. "Storage of carbon in plants and soils cannot compensate for emissions of fossil carbon" - as a group of scientists and researchers stated in 2020.
And Larry Lohmann put it very well in a 2020 interview:
"Carbon markets are not designed to reduce emissions. Their function, in the Paris Agreement and elsewhere, is to extend the life of the fossil fuel economy and, indirectly, an exploitative and unequal system of extractivism and nature degradation. That is why they are backed by so many fossil-driven corporations and capitalist states. Carbon markets have coexisted very happily for more than 20 years with a catastrophic increase in emissions."
"This is astonishingly naive" - do you think it is more or less naive than the blind acceptance of negative statements made about the previous administration in media now controlled by the military? Wouldn't it be more new worth and surprising if these kinds of accusations WEREN'T made?
Thanks for this. My sources for this post were as follows: The Times; Le Monde; Climate Home News; the Organized Crime and Corruption Reporting Project; The Slow Journalism magazine; the International Consortium of Investigative Journalists; HumAngle Media; Reuters; Quantum Commodity Intelligence; Rainforest Foundation UK; and Gabon Media Time.
As far as I'm aware, only one of these is controlled by the Gabon military. OK, I used the Satan quotation for the headline - as did The Times. I couldn't resist it. You've got to admit, it is quite funny.
Re: the quote above: "the credits being offered for sale by Gabon may be worthless as a means of compensating for real emissions occurring elsewhere." Does this not apply to ALL carbon credits? Has ANY carbon credit ANYWHERE ever compensated for any emission at all, anywhere?
Great research, thanks for posting!
I agree. The purpose of carbon credits is to allow the fossil fuel industry to continue polluting for as long as possible. "Storage of carbon in plants and soils cannot compensate for emissions of fossil carbon" - as a group of scientists and researchers stated in 2020.
https://reddmonitor.substack.com/p/storage-of-carbon-in-plants-and-soils
And Larry Lohmann put it very well in a 2020 interview:
"Carbon markets are not designed to reduce emissions. Their function, in the Paris Agreement and elsewhere, is to extend the life of the fossil fuel economy and, indirectly, an exploitative and unequal system of extractivism and nature degradation. That is why they are backed by so many fossil-driven corporations and capitalist states. Carbon markets have coexisted very happily for more than 20 years with a catastrophic increase in emissions."
https://reddmonitor.substack.com/p/interview-with-larry-lohmann-the
"This is astonishingly naive" - do you think it is more or less naive than the blind acceptance of negative statements made about the previous administration in media now controlled by the military? Wouldn't it be more new worth and surprising if these kinds of accusations WEREN'T made?
Thanks for this. My sources for this post were as follows: The Times; Le Monde; Climate Home News; the Organized Crime and Corruption Reporting Project; The Slow Journalism magazine; the International Consortium of Investigative Journalists; HumAngle Media; Reuters; Quantum Commodity Intelligence; Rainforest Foundation UK; and Gabon Media Time.
As far as I'm aware, only one of these is controlled by the Gabon military. OK, I used the Satan quotation for the headline - as did The Times. I couldn't resist it. You've got to admit, it is quite funny.