Bingo. And I’d argue we need to separate offsets from cheaper land use offsets, which have many biodiversity, water retention, etc benefits but are impermanent, from additive, verifiable & permanent post FF & IPPU CCS mitigation & carbon dioxide removal, which serve usually one purpose & are $$$.
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Jonathan Koomey
Offsets are mostly a scam, and nobody should be talking about them as an alternative to emissions reductions. High quality offsets with verification are very expensive, but that's not what most people are buying. www.newyorker.com/magazine/202...
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While it's true that prior to Joe Biden the carbon offset market was mostly unregulated. Biden changed that, but now idk so...
The entire industry has been tarnished by a few bad actors and statements from some FF execs.
https://www.willkie.com/-/media/files/publications/2024/10/real-fraud-clams-for-fake-carbon-credits.pdf
I think that after the voters chose a pro-fossil fuel industry government that quality carbon offsets are even more important.