A new report from The Telegraph says that scammers are cashing in on Greta Thunberg spreading global warming alarming:
Consumers trying to offset their emissions are at risk of being ripped off in a “wild west” unregulated carbon market, an investigation by The Telegraph has found.
With the trading of carbon credits enjoying a boom, concerns have been raised about offsetting projects around the world.
Environmentalists have warned that offsetting could be doing more harm than good because it makes people wrongly believe they are not having an environmental impact.
Amazing.
So here’s how it works – gullible idiots send their money to “carbon offset” companies who do little or nothing to actually help save the planet, but it makes those gullible idiots feel better about not actually making their lives any less convenient.
AND Greta Thunberg is making it worse. More:
Despite the controversy surrounding offsetting, the industry is experiencing a boom from the “Greta Thunberg effect”, fuelled by big companies such as easyJet, British Airways and BP pledging to go carbon neutral and offering customers offsetting options.
The combined global carbon trading market is estimated to be worth hundreds of billions of dollars while the voluntary market, on which individuals can purchase carbon credits, was worth $295.7 million (£229 million) in 2018 – more than double the previous year, according to Ecosystem Marketplace, which tracks global trends.
Its December report said the market is “at the tipping point we’ve been long waiting for” as companies respond to consumer pressure to offer green options, but also noted that growing demand could lead to “sub-par” offsets as “inexperienced buyers” get involved.
But we all kinda knew this was a scam anyway, right? Heck I saw this a DECADE ago when Al Gore sold the same alarmism BS and then started CASHING IN on the “carbon offset” BS!! Here he is scamming Jake Tapper about it 3 years ago.
AND they admit they have no idea if their offsets work:
Lou Munden, the founder of TMP Systems, a consultancy specialising in climate change which has analysed carbon markets since 2011, said: “We don’t have any good evidence one way or another to tell you whether this stuff works – we just don’t know.”
Incredible.