Social•Apr 10, 2026
Over Half of Carbon Offsets Lack Real Impact
"Do Carbon Offsets Offset Carbon?" has won the 2026 Best Paper Award for American Economic Journal: Applied Economics. The answer is No. At least 52% of carbon offsets were allocated to projects that would have been built anyway. https://t.co/dlznabBm3d https://t.co/S4X3ZoDxIe
By Alex Edmans