EasyJet is buying carbon credits from the Madre de Dios Amazon REDD Project in Peru. The REDD project is run by two logging companies.
Tag: Baselines
How to make the climate crisis worse: A story of NFTs, blockchain, and carbon offsets from the REDD Project in Brazil Nut Concessions in Madre de Dios, Peru
By Chris Lang Non-fungible Tokens (NFTs or nifties) hit the headlines last month when Mike Winkelman sold an NFT of a digital artwork for US$69 million at Christie’s. Beeple, as Winkelman calls himself, makes a digital artwork every day. You can see them on his Instagram account – where he has 2.1 million followers.
New Greenpeace report exposes VW’s REDD carbon offset sham. The Katingan REDD project faces problems of additionality, permanence, leakage, land conflicts, and (of course) an unverifiable, counterfactual baseline
By Chris Lang A new report by Greenpeace investigates VW’s “climate neutral” production claims for its new ID series of electric cars. Greenpeace concludes that VW has done too little to reduce its CO2 emissions, and that the carbon credits bought from the Katingan REDD project in Indonesia are neither additional nor permanent. VW’s claims…
Fortress conservation: Disney’s offsets are paying for heavily armed park rangers in Conservation International’s Alto Mayo REDD project in Peru
By Chris Lang An article in Bloomberg last week takes a detailed look at the Alto Mayo REDD+ project in Peru. Covering an area of 182,000 hectares in the San Martín region of northern Peru, the project is run by Conservation International together with Peru’s National Service for Natural Protected Areas Protected by the State…