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S1E93: Forest carbon offsets - scam or climate saviour?
Our expert guest offers his evaluation of a recent investigation by British media outlet The Guardian.
Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Forests are one of nature’s ways of soaking up large amounts of carbon dioxide (CO2), helping apply the brakes to climate change. This explains why halting deforestation and replanting forests makes sense. Investors who do this, want to earn a return for their efforts by selling tradeable “offsets” representing a tonne of CO2…
The skinny
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