A study of 26 #carbon #offset projects across six countries published in the journal Science last year found that few of them succeeded in stopping deforestation.
Whatever climate benefits the projects were purported to have were overblown by as much as 300 percent.
A separate investigationinto one of the world’s leading carbon #registries found that 90 percent of its rainforest offsets turned out to be “phantom credits” that likely didn’t represent real-world reductions in greenhouse gas emissions.
And a 2022 report by nonprofit watchdog Carbon Market Watch determined that carbon offset credits offered by major European airlines were similarly linked to faulty forestry projects.