@Snoro
In my view it was clear from the beginning that offsetting was meant as a pretext to not reduce CO2-emissions in absolute terms.
Creating an analogue of money as the abstract unit for exchange value in terms of climate change mitigation was seen as an unsuspicious possibility to guarantee economic growth in the most developed industrial economies and sectors
at the expense of countires who sell their emissions sinks for hard currency to companies who wanted to emit more climate destructive gases than being obliged by their national reduction goals.
To shift the burden of waste onto regions mostly in the global south is just another stage of colonialism
this time dumping the toxic remains of industrial production on countries who don't have the industrial output to reach the limit of their share of emissions while being totally dependent from foreign currencies to finance their survival.
In the end we all pay for never ending economic growth by destroying the world we are dependent from for sheer biological survival. Of course some people will suffer less than others - that's the only legitimation for trading emissions instead of reducing them.
#climate #netzero #colonialism #climatejustice