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by loeg 1114 days ago
I think the conceptual ideal of the offsets marketplace is that it is equivalent to removal, but in practice, I don't think it lives up to that. E.g., as a sketchy offset seller, one can sell the promise not to cut down the same tree repeatedly and that dilutes the carbon offset. Or sell credits against a forest you weren't going to harvest anyway.

Removing carbon seems fundamentally different -- if the carbon is actually removed as sold, and measured correctly.

(What Microsoft is doing isn't selling into the offsets marketplace.)

I disagree with your sort of moral argument against buying offsets / removal. I think it's fine to pressure companies into paying for externalities (either via ESG shareholder advocacy or regulation) and this is just one flavor of that.