94% of Forest-Based Carbon Offsets Certified By Leading Global Provider Are ‘Phantom Credits,’ Major Investigation Finds

EcoWatch
By Olivia RosaneJan 22, 2023, 6:42 pm335 pts
Are carbon offsets a useful tool on the road to net zero or simply another form of greenwashing? A new investigation from The Guardian, Die Zeit and SourceMaterial leads heavily toward the latter conclusion. The report, published Wednesday, found that more than 90 percent of the rainforest offset credits…

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