“The comments follow an investigation published last week in the journal Science, which found that the vast majority of a potential 89 million carbon offsets issued by forest protection projects don’t represent real emissions reductions. The conclusions come as a number of major traders in the offsets market have acknowledged that they’re having to treat defunct credits as stranded assets.”

[COMMENTARY] I’ve always felt that carbon offset credits were ripe with fraud and a relatively easy way out for polluters.
UK Watchdog Cracks Down on Junk Carbon Offsets as Stranded Assets Surge, by Natasha White, August 29, 2023, Yahoo Finance, UK.