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Gravey | 2 years ago

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.

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dataflow|2 years ago

> To suggest they’re all scams is an unfair, and largely inaccurate statement.

It's jarring to read this when earlier you believed carbon offsets represent actual sequestration, and I pointed out that wasn't the case.

> Carbon offset startups are booming right now, not all of them will succeed [...] For example, Heirloom Carbon has just made front page news today with a 200 million dollar deal they signed with Microsoft.

Are you aware of how plastic recycling was a scam? or do you believe that is a "largely inaccurate statement" too? Businesses "booming" or signing massive deals with each other in no way tells you anything about the planet benefiting as a result. If anything, it tells you they've found a very effective way to spend money on PR. Historically that hasn't frequently been a good sign for the planet.

> but there are viable technologies already being scaled up

There were viable plastic recycling technologies already being scaled up too.