'Worthless' forest carbon offsets risk exacerbating climate change - Phys.org

'Worthless' forest carbon offsets risk exacerbating climate change

In early 2023, the Guardian published an article suggesting that more than 90% of rainforest carbon offsets are worthless. These credits are essentially a promise to protect forests and can be bought as a way to "offset" ...

The claims in the Guardian article rested heavily on analysis which had been published as a preprint (before peer review). Now the research has been fully peer-reviewed and is published in the journal Science. It shows unequivocally that many projects which have sold what are known as REDD+ (reducing emissions from deforestation and degradation) credits have failed to reduce deforestation.

REDD+ projects aim to slow deforestation (for example, by supporting farmers to change their practices). They quantify the carbon saved through reducing deforestation relative to what would have happened without the project, and sell these emission reductions as credits.
Such REDD+ credits are widely used to "offset" (that is, cancel out) emissions from companies (who may use them to make claims that their operations are carbon neutral) or by people concerned about their carbon footprint. For example, if you were planning to fly from London to New York you might consider buying REDD+ credits that promise to conserve rainforest in the Congo Basin (with added benefits for forest elephants and bonobos). Offsetting your return flight would appear to cost a very affordable £16.44.