The storm over carbon credits, which count as waste paper, continues. Following a recent Guardian investigation that forced the resignation of the CEO of Verra - the certification body for forest carbon offset projects - Science opened a new chapter in the matter yesterday. If the British newspaper's investigation was based on preliminary evidence, it is now virtually certain. Rainforest conservation projects that generate carbon credits have no positive impact. In fact, it is not uncommon for them to do more harm than good, encourage human rights abuses and cause deforestation elsewhere. This unreliability of the mechanism generates an amount of "junk credits" equal to Japan's annual emissions. These are emission reduction certificates that are no longer bought on the voluntary carbon market, as they are considered a classic "bundle". Many of the world's largest companies have used carbon credits sold on the unregulated voluntary market (there is also a regulated one), which will grow to $2 billion in 2021 and $20 per ton of CO2 equivalent. However, recent scandals surrounding their true influence have caused demand and prices to plummet.<\/p>","protected":false},"excerpt":{"rendered":"
The storm surrounding carbon credits that count as waste paper continues. Following a recent Guardian investigation that forced the resignation of the CEO of Verra \u2013 a certification body for carbon offset projects in forests \u2013 yesterday, the journal Science opened a new chapter in the matter. If the British newspaper\u2019s investigation was based on preliminary evidence, it is now actually [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-6976","post","type-post","status-publish","format-standard","hentry","category-uhlikove-kredity"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/6976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=6976"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/6976\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=6976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=6976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=6976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}