“Low-quality carbon offsets are undermining global decarbonisation efforts. Around 40% of existing carbon pricing schemes allow the use of offsets, most with no effective limits on quality or quantity. Recent analysis shows that fewer than 16% of more than 2,300 offset projects actually delivered the emission reductions they promised.” – Johan Rockström, (Potsdam Institute) “Don’t … Continue reading Carbon Credits Failure: Sachs, Romm, Rockström