The self-descriptive nature of “additionality” is for sure one of the biggest loopholes of carbon offset, often instrumentalized by money digger to pertain their cravings for profits. Issuing credits to coal mine removing is evading the more critical question that are we necessarily using money incentives to solve this neoliberal extractive problem, or are we perpetuating it.
Ah, yes, The Man from Goldman Sachs, Mark Carney. Nice to have the financial "Pope's" blessing! And yes, wouldn't it be nice if there was a positive financial benefit from closing a polluting coal plant? Ff course there should be, but not by this scheme of trading that reduction for yet another emission, that is blatant BS. And like the final sentence above says, none of these schemes help to pay for the needed new sustainable power.
The self-descriptive nature of “additionality” is for sure one of the biggest loopholes of carbon offset, often instrumentalized by money digger to pertain their cravings for profits. Issuing credits to coal mine removing is evading the more critical question that are we necessarily using money incentives to solve this neoliberal extractive problem, or are we perpetuating it.
Ah, yes, The Man from Goldman Sachs, Mark Carney. Nice to have the financial "Pope's" blessing! And yes, wouldn't it be nice if there was a positive financial benefit from closing a polluting coal plant? Ff course there should be, but not by this scheme of trading that reduction for yet another emission, that is blatant BS. And like the final sentence above says, none of these schemes help to pay for the needed new sustainable power.
Carbon credits are licences for polluters to continue to pollute.