Carbon Offsets Are Currently Harming the Path to Net Zero, Report Warns

Olivia Rosanne, October 14, 2022, Ecowatch

In their bid to reach net-zero by a certain date, many companies are buying carbon offsets to compensate for their greenhouse gas emissions by funding activities that are supposed to remove an equivalent amount of carbon dioxide from the atmosphere.

But UK climate advisory group the Climate Change Committee issued a report Thursday warning that the current offset system is doing more harm than good when it comes to the overall reduction of greenhouse gas emissions.

More