California’s cap-and-trade program is expected to result in 40% of the state’s reductions in greenhouse-gas emissions. As part of this policy, timber companies, private landowners, and Native American tribes sell credits to polluters who pledge to take steps to reduce or absorb their greenhouse-gas emissions, such as by growing trees. These forestry projects are intended to represent emission reductions. Shockingly, recent findings show that over 80% of these credits do not accurately represent emission reductions, as explained in this article by MIT Technology Review’s senior editor for energy, James Temple.
Read the full article at: https://www.technologyreview.com/s/613326/californias-cap-and-trade-pro…
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