Carbon offsets are not our get-out-of-jail free card

General - UN Environment - Key Takeaway: *What we must look at, though, is how these actions sum up to reflect the true cost of emissions and the urgency of their reduction. The one-for-one model has been proved wrong. If one tonne of sequestered CO2 is the price of one carbon credit, that offset must include not simply the emissions today, but also factor in the missing 45 per cent emissions’ reduction, as well as the future projected increase.*

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