The base concern for me with the carbon credits market is: yes, there are tons of buyers (due to regulatory / social reasons). But are there *really* any verifiable sellers? I feel like it’s easier to fraudulently be a seller to capture buyer demand than to actually offset carbonhttps://twitter.com/statelayer/status/1449479159743492101 …
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How do you verify that they actually did create lower emissions? It’s an oracle problem that relies on self reporting in most cases
How do you verify that a company buying carbon credits actually needs them? If you don’t have a framework to measure emissions then the whole enterprise seems pretty doomed :/
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Yep Wall Street’s Favorite Climate Solution Is Mired in Disagreementshttps://www.bloomberg.com/news/features/2021-06-02/carbon-offsets-new-100-billion-market-faces-disputes-over-trading-rules …
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