#CarbonCredits and Offsets - What Are They And How Do They Work? (by @climatenewsnow )

https://www.youtube.com/watch?v=F_xZG6UnvR0

> #Carbon_Credits and #offsets are a voluntary market that allows a company to emit #Co2 in exchange for doing something "green" like planting a tree or building ...

If you have read "The Long Heat" by Wim Carton and Andreas Malm, you may recognize this as one of the (many) companies offering carbon offsets that were described as, basically, fraud.

How the Next Big Thing in Carbon Removal Sunk Without a Trace
https://www.wired.com/story/how-the-next-big-thing-in-carbon-removal-sunk-without-a-trace/

#climate #offsets

Exchange rates for different forms of environmental destruction:

From ‘net zero’ to ‘net gain’. The platypus-to-possum exchange rate
"Net gain’ allows/requires the use of offsets that are not like-for-like: I can destroy some platypus habitat if someone else protects some possum habitat."

"A bureaucrat is literally going to have to develop the platypus-to-possum exchange rate. I am not kidding; a bureaucrat is going to have to develop exchange rates for different forms of environmental destruction."
>>
https://michaelwest.com.au/from-net-zero-to-net-gain-the-platypus-to-possum-exchange-rate/
#Environment #biodiversity #BeanCounterEcology #offsets #EPBCAct #governance #destruction
The endangered Southern Pink Underwing Moth, Mural, Bellingen

Biodiversity offsets failed to protect habitat in NSW.
Now federal Labor is about to make the same mistakes, critics warn

"Offsets were meant to be a last resort for mitigating environmental damage from development projects, but rapidly became the default. An auditor general report found the government had no strategy for ensuring the offset market delivered the required environmental outcomes."

"In plain terms, development was occurring that harmed nature, money was accumulating in the fund because there were not enough offsets to compensate for that harm and species were being pushed closer to extinction."

“Turning offsets into an easy payment option flips the whole logic of environmental protection on its head."
>>
https://www.theguardian.com/environment/2025/nov/15/biodiversity-offset-scheme-nsw-australia-failing-nature-protection
#biodiversity #uniqueness #conservation #offsets #markets #GreenCapitalism #RestorationContributions #ecosystem #destruction #harm #NSW #governance #regulation #BeanCounterEcology #failure #BAU #EPBCAct #extinction

The so called "Environment Protection Reform Bill."
Protecting Australia's extraordinary wildlife ?

"The proposed changes to the EPBC Act do not deal with its fundamental problem: despite its name, the law does not prioritise protecting the environment. Its principle role is to allow projects – including fossil fuel developments – to go ahead, with some conditions attached to limit environmental damage."

"Native forest logging overseen by the states has been effectively exempt, despite a long list of legal cases in which it was found to have breached the laws. Forest destruction on private land for agriculture – a major driver of biodiversity loss across vast areas of western New South Wales and Queensland, and the Northern Territory – has rarely been assessed."

"There is little sign the legislation will tackle the huge problem of deforestation. Millions of hectares have been cleared without federal oversight, mostly for industrial farming. The state of the environment report cited evidence that 93% of the threatened species habitat cleared between 2000 and 2017 was not referred for assessment under national law. One hundred scientists wrote to Albanese this week calling for this to be urgently addressed."
>>
https://www.theguardian.com/environment/2025/oct/25/as-the-coalition-shows-its-colours-on-nature-labor-faces-a-question-will-it-really-protect-australias-wildlife
#biodiversity #climate #FossilFuels #EPBCAct #CoalGas #deforestation #acceleration #offsets #NSWLogging

Thank you so much for clarifying the difference between growth and amount @ashwinvis

@wim_v12e @otfrom @floe @codinghorror @filiph @mike @adamshostack
Here are trends of greenhouse gas emissions by activity: https://hachyderm.io/@maugendre/112656461369759489
https://mas.to/@maugendre/112654940036291666
https://mas.to/@maugendre/113464925098333954

#emissions #climatePolicies #greenTransition #energyTransition #footprint #GHG #CO2 #policies #carbon #offsets #COP30 #policies #policy #economy #ParisAgreement #macroEconomics

This week in forest news 🌍🌲

🧾 Offset integrity under fire
🌳 Edinburgh plants 570K trees
🛰 DIST‑ALERT tracks loss in real time
🔥 Canada warns of drying forests
🧬 Degradation surges in Amazon

#forests #carbonmarkets #reforestation #climateaction #offsets

https://groundtruth.app/offsets-integrity-reviews-and-the-limits-of-tree-claims/