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WASHINGTON California’s forest carbon offset program has generated tens of millions of credits that have questionable value in fighting climate change, a nonprofit group of scientists said this week.
CarbonPlan, a group that researches the integrity of programs designed to offset carbon emissions, said that 29% of the forest carbon offsets it analyzed in California’s cap and trade program overestimated the amount of carbon emissions they were offsetting, totaling 30 million tonnes, worth about $410 million.
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California program overestimates climate benefits of forest offsets - study
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California program overestimates climate benefits of forest offsets -study
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