From Benzinga, January 24:
David Antonioli, the CEO of Verra, a Washington-based non-profit, the world's largest carbon credit certifier, has announced his resignation following allegations that the organization approved millions of worthless offsets used by major companies, impacting the climate.
What Happened: The forest carbon offsets endorsed by Verra, and utilized by major organizations such as The Walt Disney Co. , Shell PLC and high-end luxury fashion brand Gucci, are largely worthless and could potentially worsen global warming, revealed a joint investigation by the Guardian, the German weekly Die Zeit and the investigative group SourceMaterial earlier this year.
The projects aimed to protect rainforests that were not genuinely under threat revealed the joint probe. It also uncovered evidence of forced evictions in a flagship scheme operated by Conservation International in Peru, a partner of Verra.
Antonioli had then rejected the findings and staunchly defended Verra's contribution to rainforest conservation....
....MUCH MORE
The linked Guardian story is four months old but I did not remember the bit about Verra possibly exacerbating global warming. In Verra's case it is theoretical whereas in the case of Land Life in July last year:
"Dutch reforestation company responsible for massive forest fire in Spain"
Huh.
Irony can be pretty ironic.
it was 14,000 hectares (34,600 acres) burned
If interested some of our prior links are in April 24's "A Serious Suggestion For Making Carbon Credits/Carbon Offsets Less Of A Scam"
