Unregulated carbon offset tokens are nothing but greenwashing.
You can buy a clump of forest and sell carbon offset points because “you have a forest that offset carbon”, but if you didn’t buy the forest, due to zoning laws, it would still be a forest.
Or alternatively if zoning permits you cut it down a year later. But you still made heaps from selling “carbon tokens”.
Unregulated carbon offset tokens are nothing but greenwashing.
You can buy a clump of forest and sell carbon offset points because “you have a forest that offset carbon”, but if you didn’t buy the forest, due to zoning laws, it would still be a forest.
Or alternatively if zoning permits you cut it down a year later. But you still made heaps from selling “carbon tokens”.
It goes beyond that. You threaten to cut down the forest unless someone pays carbon credits to save it. Then 5 years later you do it again.