15 January, 2020

Do Carbon Offsets Really Work? It Depends on the Details

Last week, JetBlue announced it will offset its 15 billion to 17 billion pounds of greenhouse gas emissions by purchasing carbon credits and pumping cleaner-burning aviation fuel into planes landing at San Francisco International Airport. Great! Or is it? American corporations across the economy are trying to build up their green credentials, and carbon offsets seem to be the hammer of choice.
cows standing in field with wind turbines
Do carbon offsets work?
Investment and university pension funds, cement manufacturers, home heating distributors, tech giants like Google and Amazon, and the ride-hailing firm Lyft all say they are reducing their carbon footprint through similar offsets. Yet some critics worry the programs are an excuse to not take tougher measures to curb climate change. If not done right, the purchase of offsets can act as a marketing campaign that ends up providing cover for companies’ climate-harming practices.
When a company buys offsets, it helps fund projects elsewhere to help reduce greenhouse gas emissions, such as planting trees in Indonesia or installing giant machines inside California dairies that suck up the methane produced by burping and farting cows and turn it into a usable biofuel. What offsets don’t do is force their buyer to change any of its operations.

Read the story from Wired by Eric Niiler - “Do Carbon Offsets Really Work? It Depends on the Details."

No comments:

Post a Comment