Not sure about calling renewable energy projects "junk offsets" on the basis of "the energy is already cheap enough". Forest based offsets are also subject to private ownership, logging rights, and going up in flames. The auditing for those is suspect as well. Both forests and renewables would exist without a carbon offset market, and so perhaps they are all "junk".
this post was submitted on 24 Oct 2024
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They're junk because what's being bought and sold — a transferrable renewable energy credit — doesn't actually result in any additional renewable energy being installed.