Monday Oct 23, 2023
Fix Carbon Credits
Carbon credits. Offsets. Removals. In all their terms and forms, they are perhaps one of the most divisive concepts among environmentalists today. Some see them as a cop-out for companies to claim carbon neutrality and continue business as usual. Some fear they will lead to no emissions reductions at all - and worse, human rights violations. Others believe it is the only way we can channel enough finance from the Global North to climate solutions in the Global South to stay below 1.5 degrees.
This week James and Bella talk to Anil Madhavapeddy, who is a Professor of Planetary Computing at Cambridge University and the director of the Cambridge Centre for Carbon Credits. They discussed the - frankly appalling - state of the carbon market, the ways in which forest protection projects can go wrong, and how Anil thinks the system can be fixed to allow massive amounts of finance to go to protecting threatened rainforest.
NOTES
Here's The Plan is presented by James Miller and Bella Lack. It is produced by Airaphon.
WHAT YOU CAN DO
Get your business or institution to sign up to the Science Based Targets Initiative for decarbonisation. If they want to use carbon credits, encourage them to read up on and stick to the VCMI Claims Code of Practice, and purchase ICVCM-approved credits.
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