This is an outstanding and quite humorous piece that captures the continuing arrogance, gall and cupidity around voluntary carbon offsets despite the number of investigations, research efforts and articles exposing them. We owe the developers our thanks for putting forth a proposal that captures almost every flaw in the voluntary carbon offsets arena. My favorite is the "one shop stop" laden with conflict of interest from beginning to end.
The next decade will be filled with blockchain carbon credit racketeering. These blockchain platforms will tokenize carbon credits and make offsetting more available to the general public, claiming they will give back to the local project land owners. It is pure marketing distortions. There is no legitimacy or real accountability. Bitgreen is an other example of a blockchain that is pure marketing with nothing to show for. The platform is not even live, yet they claim they are leaders in the field. The website claims to be AI driven (highly unlikely), collaborating with Gold Standard to host carbon credits (a lie), credible (not accredited or recognized as such), even worse its Chief Carbon Officer is known to be incompetent is these matters: https://ww1.prweb.com/prfiles/2019/03/11/16161292/streamline%20lc%20final%20award.1.pdf
This article clearly shows that how the rivalary works in market. Without having authentic facts and figures. People like the author is sarcastic beyond a limit and is only trying to create ripples for his publicity. Even those who are working sincerley for environment and biodiversity are being discouraged for malacious and malafide intentions, harming the reputation of projects and efforts.
Thanks Qasim. This isn't anything to do with "how the rivalary [sic] works in market". Neither is SavePlanetEarth "working sincerely for environment an biodiversity".
SavePlanetEarth is a dodgy company selling dodgy carbon credits which are to be certified under SavePlanetEarth's own Planetary Carbon Standard. The carbon credits will be registered on SavePlanetEarth's Planetary Carbon Standard registry. The carbon credits will be traded using SavePlanetEarth’s $SPE tokens. If you can't see the conflict of interest here, I don't know what else to say.
And the only project generating credits on the registry so far, the Tokenize Amazon Project, is a farce, as I explain in detail in the article.
This is an outstanding and quite humorous piece that captures the continuing arrogance, gall and cupidity around voluntary carbon offsets despite the number of investigations, research efforts and articles exposing them. We owe the developers our thanks for putting forth a proposal that captures almost every flaw in the voluntary carbon offsets arena. My favorite is the "one shop stop" laden with conflict of interest from beginning to end.
Yes, quite funny as a caricature of Capitalism, but not at all amusing for the eventual "investors."
The next decade will be filled with blockchain carbon credit racketeering. These blockchain platforms will tokenize carbon credits and make offsetting more available to the general public, claiming they will give back to the local project land owners. It is pure marketing distortions. There is no legitimacy or real accountability. Bitgreen is an other example of a blockchain that is pure marketing with nothing to show for. The platform is not even live, yet they claim they are leaders in the field. The website claims to be AI driven (highly unlikely), collaborating with Gold Standard to host carbon credits (a lie), credible (not accredited or recognized as such), even worse its Chief Carbon Officer is known to be incompetent is these matters: https://ww1.prweb.com/prfiles/2019/03/11/16161292/streamline%20lc%20final%20award.1.pdf
This article clearly shows that how the rivalary works in market. Without having authentic facts and figures. People like the author is sarcastic beyond a limit and is only trying to create ripples for his publicity. Even those who are working sincerley for environment and biodiversity are being discouraged for malacious and malafide intentions, harming the reputation of projects and efforts.
Thanks Qasim. This isn't anything to do with "how the rivalary [sic] works in market". Neither is SavePlanetEarth "working sincerely for environment an biodiversity".
SavePlanetEarth is a dodgy company selling dodgy carbon credits which are to be certified under SavePlanetEarth's own Planetary Carbon Standard. The carbon credits will be registered on SavePlanetEarth's Planetary Carbon Standard registry. The carbon credits will be traded using SavePlanetEarth’s $SPE tokens. If you can't see the conflict of interest here, I don't know what else to say.
And the only project generating credits on the registry so far, the Tokenize Amazon Project, is a farce, as I explain in detail in the article.