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Reports

California’s Forest Carbon Offsets Are Burning Amid Record Fires

‘…Major brands have invested in carbon offset forest projects to meet emission reduction targets—and many of those companies publicly brag about them to try to convince customers and investors that they are environmentally responsible businesses.’

‘Now some of those offset projects are going up in smoke—but the companies that used those offsets to comply with the program do not have to buy up more forestland to compensate for the losses if they burn through their buffer pools.’

Source: California’s Forest Carbon Offsets Are Burning Amid Record Fires