Carbon credits are a scam

Shocking, I know.

according to several outside experts and South Pole’s own analysis, the firm and its partner ended up vastly overestimating the extent of the preservation by Kariba. As a result, Gucci, Nestle, McKinsey and other South Pole clients have — unwittingly — overstated their own progress in combating climate change, because the Kariba credits they bought haven’t generated enough real atmospheric benefit.