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with Alex Hanafi of the Environmental Defense Fund).
But many researchers insist that offsets don’t actually reduce carbon emissions and could make it harder to achieve a fully decarbonized economy. Kate Dooley is a research fellow at the University of Melbourne who studies the impact of carbon accounting, including offsets.
DOOLEY: My work looks at whether or not offsets in carbon trading are actually doing anything to mitigate climate change, because if these aren’t helping us to reduce emissions, then we’re just moving deck chairs on the Titanic.
For various reasons, carbon offsets tend to primarily focus on forest offsets, forest and land. And that’s where the real problem is, because continuing to dig up and burn fossil fuels and emitting fossil fuel emissions into the atmosphere, and then removing these by growing forests doesn’t actually reduce atmospheric emissions or atmospheric concentrations over a century-long time scale.