Carbon credits explain the hyper-financialization of climate policy.
A startup called CarbiCrete has been developing one promising solution: carbon-negative concrete.If a typical plant adopts its technology - 20,000 tons of CO2 abated and 4,400 cubic meters of water saved.
JetBlue has announced that it will offset carbon dioxide emissions from jet fuel for all domestic flights beginning in July 2020, making it the first major US airline to take the step toward reducing its contribution to global warming.
A 2017 report for the European Commission looking at carbon offsetting found that 85% of offset programs failed to deliver "real, measurable and additional" emission reductions, and noted that some projects would have happened anyway.
