The Big Problem With Carbon Offsets

[@homewall744]

I was about to burn a billion barrels of oil, decided against it, and now I'm carbon neutral for the next 50 years.

[@charlytaylor1748]

How much do we owe you?

[@farazakg]

From a doctor to be an Activist. Great Job Kumar 👏

[@Shotcaller71]

I was thinking the same

[@ssuwandi3240]

Da Foolish Diversity😊 Hook and Sinkers

[@NewMateo]

Carbon offset landowners are even doubling up and signing up with multiple offset companies. It's all just a huge scam.

[@AnonymousanonymousA]

Pretty obvious

[@Quillmgs14]

Count me in!

[@RMT1980]

It's a scam

[@kenharris5390]

In the United Kingdom, big corporations are purchasing farmers' properties and planting trees. The farmers are happy to sell to these corporations because the farmers in Britain have lost their EU subsidies as a result of Brexit. The farmers themselves are happy to sell because they are offered a price way above the actual value of their farm. Therefore less produce is available in a lot of the Uk markets as a result of Brexit., which of course increases prices because of a shrinking supply chain. The only winners are the mega-corporations, who make political donations to the parties that make the legislation.

[@DemPilafian]

Brexit causes scurvy.

[@alwynwatson6119]

Someone should sell environmental offsets. That way, people can drive electric cars and still post about having a massive carbon footprint. Or companies can gain the technological benefits of decarbonisitng the supply chain whilst not being cancelled for being woke.

[@pedroloco9327]

Not just the UK , Bill Gates owns most of the farm land in America along with big corporations , Ukraine , most of the agricultural land is owned by Blackrock or Vanguard.

[@ALCRAN2010]

If I take probiotics, I should be able to claim carbon credits on my taxes for decreased carbon emissions....

[@AnonymousanonymousA]

If you take seaweed to why not? Secret Societies of influence based in Money Laundering capitals like Switzerland should may pay Huuuuuuge carbon taxes. Maybe huge Carbon Taxes for Medical Upcoding, H.a.a.r.p. conducting corrupt illuminati ish conspiracies, and who can forget Syngenta's Atrazine, without that people might actually be healthier.

[@RafaelUnplugged]

Ironically everyone needs to be negative 10 for 50 years to get back to what we once were lol

[@koilafinau6425]

Okay now i understand what this is - Ive watched 3 other videos befre yours just trying to understand what the heck Carbon offset is - i think they all just wanted to sound smart that it just made their explanations more complicating - thank you!

[@wisedonkey_]

It seems like business as usual. We are doomed. Thanks for the report

[@kristensorensen2219]

When do we go to White Castle? Are they going to be carbon neutral too?

[@thedandywarhol.5560]

Thank you!I thought I was the only one!😂😂

[@Osprey6m]

The problem is you want your cake and eat it. Sure there will be scams but offsets are legitimate strategies. There will never be a time when carbon is never emitted from some activities so get use to the real world.

[@DemPilafian]

Replacing fossil fuels with solar is a legitimate carbon offset. However, planting more trees is like throwing a sponge into an overflowing bathtub without turning off the faucet. If you don't turn off the faucet, all the sponges in the world won't save you. Trees are great for the *LOCAL ENVIRONMENT,* but planting trees does *NOTHING AT ALL* to end the extraction and burning of fossil fuels. Focus on transitioning to a clean, sustainable power grid as soon as possible. The rest is noise.

[@ethansklom6661]

I understand you point and it is mostly valid. I did my masters degree as a forester in this. It all comes down to what is the end use of the trees. If a tree is eventually burned you are 100% correct. But in some cases the tree gets turned into a 200+ year sink be being turned into valuable projects (expensive furniture, some houses) and then finding their way into a deep landfill. But in my opinion the secondary benefits are more important, its bringing important money to often poor communities around the world to help them be proper stewards of the land which in it self is frequently a long term carbon sink in the soil.

[@DemPilafian]

@@ethansklom6661 Projects that focus on biodiversity, reversing desertification, and fixing soil erosion are generally very beneficial to both nature and humans. Projects that plant trees to capture carbon consistently fail and sometimes even damage the local ecosystem.

[@simitraining8987]

Not to mention planting a tree and regarding it as x amount of carbon being taken out. X being the amount of carbon sequestration in the trees entire life. is bogus. because there is no follow up by the company that first plants the tree to ensure it is maturing properly and contributing to its ecosystem. The companies planting trees are not stewards of the land in which they plant on. Which almost guarantees the environmental capital in which is claimed to be created isn't.

[@Ramzblood]

@@simitraining8987 what effect does wifi, particularly 5G, have on the life and health of plant life, organisms, and trees. I see alot of dead or dying trees in my city. I believe going high tech also has its disadvantages too, but are not being accounted for with Carbon Credits. For instance lithium mining for batteries.

[@ciararespect4296]

Poor communities around the world don't need money because they expand. They shouldn't be given any help so they wither ​@@ethansklom6661

[@ianluce9297]

He just exposed the whole scam, it's the monetary side, it's a new economy

[@pedroloco9327]

and control over populations

[@ShantanuVispute-d6q]

Timestamps (Powered by Merlin AI) 00:01 - Companies are making bold promises to reduce their carbon emissions to net zero. 00:35 - Carbon offsets allow companies to continue polluting while compensating for their emissions. 01:09 - Carbon offsets fund projects globally but do they actually work? 01:44 - Offsets are better than nothing for operations with no alternative to burning fossil fuel, but their effectiveness on the ground varies. 02:15 - Green Trees takes credit for existing trees 02:49 - Carbon offsets are essentially IOUs to the atmosphere. 03:20 - Lack of accountability in carbon offsets 03:50 - The carbon offset market is commonly used as a reputation laundromat, giving a false impression of progress.

[@DeniceSuffern]

Thanks for the breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

[@CitiesForTheFuture2030]

The mini second a person can make a profit from doing something they will try to cheat! There are so many trusted & effective nature conservation NGOs whose primary goal it is to restore nature and help communities - and they are in desperate need of funding. Yet big business would rather invest big cash in fly-by-night & dodgy companies whose sole purpose is to make profit? Are we surprised it all went wromg? Or perhaps that was the point - something corrupt is going on...

[@rchallender2493]

This is pretty much like punching someone in the face at recess, being told by the teacher and your parents to apologize and then giving a fake apology with your fingers crossed behind your back 🤷🏻‍♂️

[@devondetroit2529]

It’s a complete fraud

[@parranoya100]

Monetizing political repression. What an idea!

[@Melki]

Paper Industry must be among the greenest Industry without breaking a sweat

[@glennmartin6492]

Even if carbon offsets were straightened up to work properly, how much could they do? CO2 emissions have to be dropped below 5% to actually stop the climate change they're causing. No matter how much offsets became accurate it won't be enough to counter carbon effects.

[@FreeDumbDaily]

Wait. WHY is Kumar on here?

[@jadebear23]

So basically how i see it is its all about money and no difference is being made

[@pathfinder5651]

Carbon offset money are going back to big companies pockets... What a joke

[@Propelled]

The problem with carbon credits is the false belief that controlling carbon will do anything at all.

[@ThanhTLam1]

I LIKE THESE!

[@susomantv]

Awesome~~^^🎉🎉

[@dustinandrews3223]

so these are similar to recycling plastics....

[@MarioMadness1]

These guy's can even make fake companies.. buy more carbon use

[@SpynCycle57]

Murderers should be able to sell carbon credits due to their victims not producing any more carbon waste. Got rich by being a serial killer.

[@ewanjones9743]

Reduce your emissions. If you do emit, make sure you buy carbon removal and not the majority of offsets.

[@lovinglife8988]

co2 is not pollution.

[@agbedeisaack2690]

I want to ask that, which of carbon offset and decarbonization is the best option?

[@rchallender2493]

Do you mean which companies or in a biological sense what methods can be employed to offset the most atmospheric carbon?

[@2748941]

Biochar from wood waste that would have been left or burnt - turn it into biochar and work it into farmland to improve soil structure - sequesters carbon and reduces fertilizer leaching builds organic matter etc .but the red tape from the so called organizations that are screaming climate change is insane , not even allowed to compost on a farm without spending millions

[@pedroloco9327]

@@2748941exactly and it’s that that exposes this scam for what it is.

[@dynasty5053]

Which one is strictly for the Elites???? I chose that one.

[@derekww4844]

All of the major Forest fires in the last 20 years were due to not cleaning up the dried ded wood this poor forest management all the flooding is due to the reclaiming of marsh land and or the sea and not doing enough to keep the water from backing up or braking through the flood enhancements. Holland land mass is mostly under the sea level and they don't get flooded, most of Tokyo japan is all reclaimed land from the sea as well and they don't have flooding issue. Even with all the forest fires the earth has greened by 20% due to higher CO2 levels that the equivalent of the contental USA anyone anti CO2 are anti human if the CO2 levels drop below 150 ppm we are all dead

[@fredlacroix6865]

SCAM

[@kenkauffman8342]

what a jokeonly the dems think you can cut 6 inches off the top of a blanket and sew it on the bottom and think you have a bigger blanket

[@LiLBulqer]

Technocracy ring a bell?

[@Benicemedia]

I can't believe this is real.

[@charlessimbolon7333]

If and only if we were able to create renewables and gris energy storage cheaper than fossil fuels, we will be able to avoid the catastrophic effect of climate change

[@DemPilafian]

Massive utility-scale battery storage is *ALREADY* in operation and lots more is on the way. _“California’s batteries provided more power - over 3,360 megawatts - than the Diablo Canyon nuclear power plant, the state’s largest electric generator, which tops out at 2,250.”_ - LA Times (2022-09-13)

[@charlessimbolon7333]

@@DemPilafian today Sollarpv plus battery energy storage is much more expensive than fossil fuels

[@babaybay650]

All business you know

[@angusaitken2315]

Geez this is a horrible oversimplification. And does a complete disservice. You mention $850 billion; this is for compliance markets which mostly use cap and trade or transition towards cleaner energy sources. NBS play a limited role in the compliance markets. They do play a much larger role (around half of credits) in the voluntary carbon market (VCM). But the VCM is struggling to get off the ground, transactions were $750 million in 2023, thanks to hatchet jobs against the very idea of carbon credits such as by the guardian newspaper and this video. There is a concerted attempt to sully the very idea of carbon credits rather than do what should be done which is call out and punish those who don't develop projects and credits to a high standard. The VCM is an incredible way of getting finance into conservation and restoration projects for the environment. We are not just living in a climate crisis, we are living in a biodiversity crisis too. If we look at the climate crisis we have two big levers to pull to solve it; 1) decarbonise our economy as quickly as possible whilst mitigating any adverse economic impact from this as much as possible, 2) negative emissions technologies to sequester hard to abate emissions (such as those from airlines) and to such out excess CO2e that is already in the atmosphere and is on its way to making the world a less safe place. We will need to be sucking about several gigatons of CO2e by 2050 to keep on track for 2 degrees Celsius let alone 1.5. This kind of video is sloppy and is feeding inaction on behalf of corporates. By all means, call projects and people out when they greenwash or do a dogy project, but don't call into question something that is sorely needed, particularly by the developing world.

[@strangelee4400]

'Here's a multi-millionaire to explain it all...'

[@dynasty5053]

Easy on the coca bud 🍚

[@dwainedevers3231]

there can never be never o admission

[@michelgrenier1878]

Carbon offsets from destruction of high global warming refrigerants ?

[@MonigMedia]

Harold and Kumar and the great Carbon Cartel

[@AngelHeart1971]

This is part of why LA burned.

[@joseaugustofigueiredo2796]

Carbon credit! When a pyramid collapses in the West, another is built!

[@biwnzixebrxb4786]

it's almost like social credits

[@pedroloco9327]

That’s exactly what it is , just like the jab passport. Most of the data collected on the UK app had nothing whatsoever to do with whether or not you had been jabbed. Then on top of that it turns out it made no difference in respect of transmission or prevention when it came to being jabbed or not.

[@sherifbadwy3383]

Woah woah woah how did Kumar get here

[@vbarcodev9714]

So trees dont off set co2??

[@eddiekulp1241]

Liked when he escaped with his buddy from Guantanomo Bay

[@KsK-p7o]

💖

[@jackjames1]

Spare me… 🙄

[@juleeforget-me-not8909]

No it isn't

[@biwnzixebrxb4786]

NO to carbon tax.

[@samuelfrutiger2609]

in other words climate change is just a business?!

[@NMPT777]

Have you felt the heat? Do you see the lack of snow? What an insane comment

[@samuelfrutiger2609]

@@NMPT777 Sheep always amazed me, once one falls of the cliff, they all follow....

[@pedroloco9327]

@@NMPT777 we still get heat waves and snow , it just fit into the time scale that we are used to as seasons. That’s not consistent with global warming but is consistent with a shift in the Gulf Stream or a shift of the earths axis. In the ice age what changed for the planet to become what it then became before the industrial revolution? All of the climate scientists predictions over the last thirty years have been fear mongering and so far off the mark . Is it any wonder that people don’t trust them?

[@astbast1966]

Bloomberg where is the quality content you use to Post.

[@J.AndresBarberyCueto]

Now I get it. The right choice of words should be “Penalty Payment” or “Pollution Rental Payment” so that people understand it better. No matter which of the 2 terms you choose, a different wording allows for the idea to become clearer. Companies want to keep polluting until they reduce their carbon emissions fully, which will take a ton of time. So, for now they keep polluting but pay this penalty fee or rental fee of the air, so to speak, in return so that they can keep polluting without people getting angry. Why don’t people get angry? Because this penalty fee or rental fee of the air is paid to organizations who protect the environment and work in eco-friendly projects that reduce carbon emissions worldwide. So as long as this companies keep polluting, hopefully while on track to reducing their carbon emissions fully, they will have to keep paying these “fees” to the people that protect the environment so that their projects remain, keeping the natural environment safe. A balance of sorts for now until things change fully.

[@Majestros]

Get back on the bongs bro

[@dgwenzi]

I liked you better as a press secretary to President Kirkman.

[@Shotcaller71]

Don't listen to this stoner

[@HealingLifeKwikly]

"Don't listen to this stoner" Uhh, the science and math proves he is right.

[@Shotcaller71]

@@HealingLifeKwikly He's an actor from the movie Harold and Kumar go to white castles

[@HealingLifeKwikly]

@@Shotcaller71 "He's an actor from the movie Harold and Kumar go to white castles" Which would be a meaningless ad hominem attack. He was also the White House press secretary in Designated Survivor but I don't confuse him for the characters he plays. Rather, I'm a senior university researcher who has studied the unraveling of the web of life for more than a decade, and what he is saying is correct.

[@Shotcaller71]

@karlwheatley1244 no need to get your knickers in a knot I don't care how smart you think you are

[@pedroloco9327]

@@HealingLifeKwikly is that the science that they “ own “ or real science? You do realise that science is constantly evolving based on new evidence? It is also based on peer review , if you seek to discredit the peers that don’t agree with you then that’s not science.

[@kristensorensen2219]

Liked him better in the stoner movies🗯🗯💛

[@michaelcap9550]

Yes. Better than spreading Climate Hysteria.

[@patrickdullaghan3877]

Scam

[@InDepthPrep]

SCAM