Why Voluntary Carbon Offsets Often Fail to Reduce Emissions
counterpunch.orgA critical look at the structural failures of the voluntary carbon market reveals that many large scale projects fail to deliver promised emissions reductions. Issues like lack of additionality, leakage, and poor permanence undermine the integrity of credits issued by major registries. From forest conservation in Colombia to large scale hydropower in Asia, the gap between theoretical carbon offsets and actual climate impact remains wide. The analysis highlights how systemic conflicts of interest and flawed accounting often prioritize credit volume over real environmental results.
