The news article you’ve linked seems to suggest that these scam offset companies may soon be losing their ability to sell their credits.
Carbon offset startups are booming right now, not all of them will succeed, but there are viable technologies already being scaled up. For example, Heirloom Carbon has just made front page news today with a 200 million dollar deal they signed with Microsoft.
All this is to say, I agree that there are some bad actors in the space, and it’s great that they’re being called out for it. To suggest they’re all scams is an unfair, and largely inaccurate statement.
Carbon offset startups are booming right now, not all of them will succeed, but there are viable technologies already being scaled up. For example, Heirloom Carbon has just made front page news today with a 200 million dollar deal they signed with Microsoft.
All this is to say, I agree that there are some bad actors in the space, and it’s great that they’re being called out for it. To suggest they’re all scams is an unfair, and largely inaccurate statement.