One might get into the business of carbon credits for several reasons. The idea is that one is getting paid for not harvesting trees that would have been harvested. There are ways to sell fake carbon credits. An easy way to do this is to sell a credit for an area of forest that would NEVER be harvested (too difficult to harvest, too close to water, already protected, etc.). Carbon credits are valuable when the reference forest is cut down, while the protected forest isn’t. The amoral solution? Burn down the reference forest. It’s not good for the environment, but it’s great for your bottom line.
Source: https://www.bloomberg.com/opinion/articles/2023-10-17/you-can-t-sell-trees-no-one-cuts-down?embedded-checkout=true
Torgerson Forest Products, Inc.
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