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Study: Carbon offsets aren’t doing their job, overstate impact (arstechnica.com)

submitted 1 year ago by stopthatgirl7@kbin.social to c/technology@lemmy.world

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Cambridge study says carbon offsets are not nearly as effective as they claim to be.

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[–] chaogomu@kbin.social 15 points 1 year ago

The only reason why Tesla is a profitable company with an insane stock price, is that Elon Musk has been using it to sell scammy carbon credits to other automakers.

So yeah, the entire system has been a government mandated scam used to lower taxes on the worst polluters.