The emergency threatening part of the world’s largest rainforest is proof that offsets are too risky to count on to cancel out corporate pollution, and that the Amazon needs help without strings attached.
Next month, California regulators will decide whether to support a plan for tropical forest carbon offsets, a controversial measure that could allow companies like Chevron, which is headquartered there, to write off some of their greenhouse gas emissions by paying people in countries like Brazil to preserve trees. The Amazon rainforest has long been viewed as a natural testing ground for this proposed Tropical Forest Standard, which, if approved, would likely expand to countries throughout the world.
Now that record fires are engulfing the Amazon, started by humans seeking to log, mine and farm on the land, supporters are using the international emergency to double down on their case for offsets. The Environmental Defense Fund posted a petitionurging that state officials endorse the standard: “The people — and wildlife — who call the Amazon home are running for their lives,” it said. “The entire world is counting on [the board] taking action.” Ivaneide Bandeira Cardozo, who helped manage a Brazilian offset project that was derailed by illegal logging, said, “People who are against carbon credits are not suffering and don’t want to keep the forest standing.”
But the devastating blaze encapsulates a key weakness of offsets that scientists have been warning about for the past decade: that they are too vulnerable to political whims and disasters like wildfires. As a recent ProPublica investigation noted, if you give corporations a pass to pollute by saying their emissions are being canceled out somewhere else, you need a way to guarantee that continues to be the case.
by Lisa Song, ProPublica, and Paula Moura for ProPublica





