Zero
Transcript Zero Episode 18: How Carbon Offsets Went Wrong
Read a transcript of the conversation between podcast host Akshat Rathi and carbon offsets creator Mark Trexler about the industry’s pitfalls.
Most of the credits on the current voluntary carbon market don't work, but companies signing up for net zero plans find it easier to buy cheap offsets than actually reduce emissions.
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
For Episode 18 of the Zero podcast, Bloomberg Green reporter Akshat Rathi interviews Mark Trexler, who helped build the first carbon offset program in 1988, about why the $2 billion offsets industry is still struggling to support climate action that’s actually effective. Listen to the full episode below, learn more about the podcast here, and subscribe on Apple, Spotify, and Google to stay on top of new episodes.