Protecting nature requires financial incentives. Serious problems uncovered in carbon markets must be fixedThe strong reaction to the Guardian’s joint investigation into carbon offsetting shows how much is at stake when the effectiveness of market mechanisms in combating global heating is challenged. Already, in Australia, politicians and scientists have renewed their criticism of public entities using international carbon credit schemes to offset local emissions. Verra, the Washington-based non-profit at the centre of the story, is the world’s leading carbon standard, certifying the credits that companies use to make claims about their environmental impact. It is a blow to anyone committed… Source – Full Article The Guardian view on carbon offsetting: a model with dangerous flaws | Editorial