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Addressing the Credibility Crisis in Carbon Credits: How New Technologies — And New Data — Are Building Trust in Carbon Markets
Are carbon credits a legitimate tool to fight climate change — or are they just greenwashing? Ben Jeffreys at ATEC Global argues that, despite recent research that has called its effectiveness into question, putting a price on carbon is actually one of our most promising ways to accelerate global decarbonization. But as he points out, that doesn’t mean the criticisms of carbon credits aren't valid: He explores the challenges that are impacting carbon credits' credibility, and proposes five recommendations for building a more robust and transparent carbon market.
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- Environment, Technology