carbon offsets

Green Groups Skeptical as Africa Climate Summit Raises Hundreds of Millions in Carbon Credits

Green Groups Skeptical as Africa Climate Summit Raises Hundreds of Millions in Carbon Credits

An initiative at Africa’s first climate summit to boost production of the continent’s carbon credit program by nearly 20 times by 2030 brought pledges of hundreds of millions of dollars. United Arab Emirates (UAE) investors pledged to purchase $450 million worth of Africa Carbon Markets Initiative (ACMI) credits. ACMI was launched at COP27 in Egypt […]

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    Carbon Offsets 101: Why We Can’t Offset Our Way Out of the Climate Crisis

    Carbon Offsets 101: Why We Can’t Offset Our Way Out of the Climate Crisis

    What Are Carbon Offsets? Carbon offsets are in theory a way to cancel out greenhouse gas emissions by funding an activity that will remove a supposedly equal amount of carbon dioxide from the atmosphere or prevent an equal amount of carbon pollution. They can be purchased by everyone from major companies pursuing net-zero emissions goals […]