this post was submitted on 24 Oct 2023
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Carbon offsets are a scam. John Oliver did a piece on them last year. Lots of it goes to existing forests (which doesn’t help offset new carbon usage) or to the development of mono-culture forests which have all sorts of issues.
I think the takeaway from that episode is that many carbon offsets are scams, not necessarily all. So don't take corporate claims that they offset their emissions at face value, and consider carefully before you buy offsets.
Take a look at my other comment about Wren and Wendover Productions. (This John Oliver episode happens to include an excerpt from the Wendover piece I mentioned.)
Good to know. Link for the lazy.
I wish there were some effective way to invest in fighting climate change. God knows there's plenty of money invested in the opposite direction.
The way that I’m contributing is my reducing my own usage. I don’t drive a car (electric bike or public transport) I removed the gas supply from my house, signed up with a renewable energy supplier, insulated the ever living shit out of my house including triple glazed glass and installed a Heatpump. Cost a small fortune but I can say I put my money where my mouth is!
There are climate friendly ETFs which are literally that.
Edit: another source with some ETFs listed