February 22, 2024 Public Citizen Comment on CFTC’s proposed carbon offsets derivatives productsShare FacebookTwitterEmailRead the comment here. Carbon ‘credits’ and carbon ‘offsets’ are functionally the same. Permanence and additionality are two fundamental criteria on which the concept of carbon offsets or carbon credits is based. See, e.g., Aruna Chandrasekhar,“Timeline: The 60-year history of carbon offsets,” Sept. 24, 2023: https://interactive.carbonbrief.org/carbon-offsets-2023/timeline.html[20] Dieter Holger, “Rebuilding Trust in Carbon Offsets Faces Uphill Battle,” Wall Street Journal, July 12, 2023: https://www.wsj.com/articles/rebuilding-trust-in-carbon-offsets-faces-uphill-battle-d7811603. Aruna Chandrasekhar,“Timeline: The 60-year history of carbon offsets,” Sept. 24, 2023: https://interactive.carbonbrief.org/carbon-offsets-2023/timeline.html[22] Dr. Charles D. Canham, Rethinking forest carbon offsets, Cary Institute of Ecosystem Studies, May 19, 2021: https://www.caryinstitute.org/news-insights/feature/rethinking-forest-carbon-offsets[23] Doreen Stabinsky, Chasing Carbon Unicorns: The Deception of Carbon Markets and Net Zero,Friends of the Earth International (Feb. 2021).

Source: The Guardian February 22, 2024 18:01 UTC