• humanspiral
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    8 hours ago

    one of the largest offset projects in Kariba, Zimbabwe, suggested that the amount reaching communities was 6%, at most.

    and by “communities”, they mean the “forest owner”. Perhaps that is more capital to buy harvesting machinery. But in general this is an extra monetization/financialization scheme that doesn’t affect actual carbon reduction. This is not money that goes towards transitioning energy systems and reducing emissions.

    A carbon tax and dividend scheme can properly compensate maintained forests that don’t burn. Instead of financializing corporate PR schemes.