Why We Should Ditch Forest Carbon Credits in 2023
At its heart, the concept of forest carbon credits aims for the good. Carbon credits provide a way for companies to quantify their carbon output and responsibly manage it. They’re often positioned as ethical, forward-thinking, and important to the future of sustainability.
Yet according to ResourceWise President and CEO Pete Stewart’s 2023 predictions, we can likely expect the beginning of the end for these credits this year. Many critics often question the legitimacy of carbon credits altogether, wondering if companies merely use them as a veneer to conceal their ongoing pollution.
What’s the real story behind forest carbon credits? And what can we do to better account for carbon if credits are not fitting the bill?
