Date: 05 July 2021

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Synopsis

Carbon credits have been around for many years, but they have recently gained traction amid the global decarbonisation effort.  Such credits, or offsets, essentially allow emitters to pay others to reduce emissions on their behalf. But how credible are such schemes? What are the benefits and potential pitfalls of relying on carbon credits to slash the amount of planet-warming emissions being emitted into the atmosphere? Do they give companies a license to continue emitting?

About Green Pulse Podcast

Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.