The choke’s on us: the carbon offsetting ‘Wild West’ revealed
People trying to offset emissions risk being ripped off in an unregulated carbon market, an investigation finds
As the trading of carbon credits becomes increasingly popular, concern has been raised about offsetting projects around the world. Environmentalists have warned that the schemes could be doing more harm than good, as people wrongly think their actions are not having an environmental impact and therefore do not curb polluting behaviour.
The Telegraph became one of the first media organisations in the world to gain access to an illegal sapphire mine in a conservation zone in Madagascar, used to generate carbon credits, which has seen increasing rates of deforestation.
Separate satellite analysis has also revealed that trees are being cut down at a project in Brazil which is used by both British Gas and the International Air Transport Association (Iata)...