Tag carbon credits

How to cheat with carbon credits

Here’s one of the problems with carbon credits — It is very easy for developing countries to game the system. They can essentially say that they were planning to do something environmentally damaging, then switch to a ‘greener option’ and…

UN carbon credit program useless

Billions of pounds are being wasted in paying industries in developing countries to reduce climate change emissions, according to two analyses of the UN’s carbon offsetting programme. Leading academics and watchdog groups allege that the UN’s main offset fund is…