With carbon credits back in the spotlight, Amazon and other firms have committed $180 million to protect the Amazon rainforest. But is this a meaningful step in combating deforestation, or just another attempt to outsource emissions reductions?
The lucrative scam of carbon credits
Carbon Credits// Hidden Stories SeriesThe lucrative scam of carbon creditsDecember 28, 2022In the heart of the Amazon rainforest, Indigenous leaders are engaged in a crucial battle—not only for the preservation of their ancestral lands but also for the stability of the global climate.However in reality, the credit market is a lucrative scam that has done little to address the root …