Sunday, May 28, 2023

Always was a scam!-----CEO of biggest carbon credit certifier to resign after claims offsets worthless | Carbon offsetting | The Guardian

CEO of biggest carbon credit certifier to resign after claims offsets worthless | Carbon offsetting | The Guardian - Patrick Greenfield  @pgreenfielduk
"...It comes amid concerns that Verra, a Washington-based nonprofit, approved tens of millions of worthless offsets that are used by major companies for climate and biodiversity commitments, according to a joint Guardian investigation earlier this year.
In a statement on LinkedIn on Monday, Verra’s CEO, David Antonioli, said he would leave his role after 15 years leading the organisation that dominates the $2bn voluntary carbon market, which has certified more than 1bn credits through its verified carbon standard (VCS).
...The announcement follows a difficult period for Verra, which has seen the environmental integrity of their carbon standard satirised by the comedian John Oliver and journalistic exposés about the integrity of their carbon credit certification process...

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