I came here from the article in the German newspaper ZEIT about the flaws of the carbon credit system. Thanks a lot for the video! Can you put references to the mentioned projects in the description?
I've spent a lot of time wondering whether or not I should be calling each project out by name. Its a difficult thing to do without having done tons of diligence on the project first. In the past I've called projects out for unchecked deforestation only to get into lengthy arguments about cobenefit sharing and other unrelated issues. I think for this video the most important thing is that these really just are examples. I could name the projects, but for each individual case there are many more like it that misbehave in the same way. Hopefully people will pick up on these techniques that people use to cheat the system and look for them before they buy offsets. Educating people on how to shop is probably a better way to improve the industry than unending whack-a-mole.
@@eliasayrey5188 Do you still stand behind your blockchain opinion? For what I know, it actually provides a far better transparency. There's no hiding at all, you can see the specific VCS project number for each token and your access to the project is much more direct compared to buying indirect credits from a broker. Moreover, holding a tokenized credit might open the road to more stringent third-party audits, insurances and the buyer's right to claim money back if the project developer doesn't uphold their standard. Don't you think?
@@skyex5047 I think it's a tool like any other. In the past I do think people have missused it to essentially launder bad credits. One big risk is that depending on how it's implemented, every token is basically treated equally (unless each credit is tied to a project like an NFT). But I've come around a lot on the tech too, because I have met with a lot of people doing clearly good work with it, and it does offer a less murky way of trading carbon than the back-room system we have now. So it's really a matter of supporting the best projects.
Hello Elias, I’m one of those who came to watch this video after reading an article in Die Zeit about carbon credits. Thank you so much for your research! It’s such a shock to find out that there are so many greenwashing schemes in this area.
Nice to meet you! Yes, it's quite dismaying. I came into this industry a little over four years ago and was horrified when I started crunching the numbers. Fortunately there are a lot of people doing it right! They may be in the minority, but there's still a whole lot of them. I often point people to the TIST program as a clear example of folks really doing a great job (program.tist.org/).
Hey Elias, I just a major article in die german new letter Die Zeit. They are did a big Research on the topic and referenced you! Now i am watching your Videos for More Information. Thanks so much for your work!! greetings from germany!
Hey Elias, I love your videos but why don´t they have millions of views? You´re really doing a great job by showing what´s wrong with the VCM while always pointing out that there are also good projects out there!
Hi! I found this video thanks to a Die Zeit article (translated into Italian by Internazionale). Thanks for your work, it's fantastic! Given the situation, what would you suggest to someone who wanted to offset, for example, an oversea flight, or a certain amount of CO2? I've seen offset companies that specifically avoid afforestation projects because of the issues around them. Still, I'm wondering if it'd be better to give money to non-forest projects or to "non-scam" forset ones (but how to be sure that what they declare is real?)... and in any case, as a non-expert on the matter, I'm always very afraid of throwing my money away and not really being offsetting any CO2...
Hello! Well in the case of large companies, I recommend that they do a lot of diligence to make sure that the projects they're supporting are legitimate. This involves fairly detailed analyses of the claims being made by the project using satellite imagery. But in the case of individuals, if you're willing to take my word for it, these two carbon programs below are FANTASTIC. They do absolutely amazing work and are probably responsible for more CO2 removals than they're being credited for. So, if you're just looking to offset a flight, or your personal emissions, I'd just buy credits straight through these two groups' websites: wif.foundation/ program.tist.org/
Elias, great videos! I've learned a lot. Curious where the image at 7:04 is from? & Re: #16 to some extent there can be areas that open up in favourable market conditions, is it not valuable to get there before investment in the opposite direction occurs? A match to tinder considering prolific timber supply decreases in many regions. It doesn't take long to punch a road in...not as long as a PDD anyway.
Lots of great info here - congrats. Just on 21 - you can see all of the origin info for any project that has been tokenized, including the link on Verra's project page etc. All of this data has been retained in order to enable people to actually choose specific projects that they want to offset with.
Hello, thank you for this video and for your work! I read the same article that read the author of the previous post. the topic is complex but in many we are interested.
Hey Elias! Regarding the flaws of using reference regions, what are your thoughts on Verra currently revising their Avoided Unplanned Deforestation and Degredation methodologies? Does it look like it will better reflect deforeststion risk?
I've got some early opinions based on some meetings that I sat in on a year ago (see my video on nested baselines), but to be honest I haven't read the new proposed methodology yet. I will read it soon and provide my opinion!
Do you consider Regen Network (Regen) a crypto scam as well? They seem to be working with Terra Genesis and their ROV software for traceability on regenerative agriculture projects...
Today I've read the main article in DIE ZEIT about green washing with false carbon certificates. The article builds up on your researches and results, it also refers to this video. Many thanks for your work! Unfortunately my english in speaking and hearing is quite some years old, and your speaking is to quick for me. The subtitles provided by RUclips are also to quick and sometimes incorrect here and there. 😀
I have first come aware of this issue from a video about exactly this by the RUclips channel Wendover and then John Oliver on LastWeekTonight made a segment about it. Curious; have any of them contacted you as you have initially raised this issue?
From my understanding, one huge problem is that all these forest projects - no matter if they're about avoiding deforestization or planting new forests - immediately generate certificates covering the estimated benefits in the long term. That's just ridiculous. A successful project of that type should continuously generate certificates while it runs, for the amount that it has actually saved. And there must be a mechanism addressing the case that, say, the entire forest burns down, which of course nullifies everything that has been achieved before.
Great video! You presented two projects that you feel are thoughtful/good: #BEGREENBESEEN and Tribal Carbon. Can you give any other examples? Thank you!
Yeah I should be clear, there are hundreds of good projects out there. I've talked about more on my channel before. Manoa, Florestal Santa Maria, Fazenda Nascente, Rimba Raya, Darkwoods, Maisa, the TIST program.. the list goes on and on.
Hi Elias, thank you so much for this video! I came across it from a German Paper Die Zeit. I work for a EU organisation representing public services in Brussels, please send me your professional email, I would like to present your research to my members!
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
I came here from the article in the German newspaper ZEIT about the flaws of the carbon credit system. Thanks a lot for the video! Can you put references to the mentioned projects in the description?
I've spent a lot of time wondering whether or not I should be calling each project out by name. Its a difficult thing to do without having done tons of diligence on the project first. In the past I've called projects out for unchecked deforestation only to get into lengthy arguments about cobenefit sharing and other unrelated issues.
I think for this video the most important thing is that these really just are examples. I could name the projects, but for each individual case there are many more like it that misbehave in the same way. Hopefully people will pick up on these techniques that people use to cheat the system and look for them before they buy offsets. Educating people on how to shop is probably a better way to improve the industry than unending whack-a-mole.
@@eliasayrey5188 Thanks a lot for your answer!
@@eliasayrey5188 Do you still stand behind your blockchain opinion? For what I know, it actually provides a far better transparency. There's no hiding at all, you can see the specific VCS project number for each token and your access to the project is much more direct compared to buying indirect credits from a broker. Moreover, holding a tokenized credit might open the road to more stringent third-party audits, insurances and the buyer's right to claim money back if the project developer doesn't uphold their standard. Don't you think?
@@skyex5047 I think it's a tool like any other. In the past I do think people have missused it to essentially launder bad credits. One big risk is that depending on how it's implemented, every token is basically treated equally (unless each credit is tied to a project like an NFT).
But I've come around a lot on the tech too, because I have met with a lot of people doing clearly good work with it, and it does offer a less murky way of trading carbon than the back-room system we have now.
So it's really a matter of supporting the best projects.
Me too.
Hello Elias, I’m one of those who came to watch this video after reading an article in Die Zeit about carbon credits. Thank you so much for your research! It’s such a shock to find out that there are so many greenwashing schemes in this area.
Nice to meet you! Yes, it's quite dismaying. I came into this industry a little over four years ago and was horrified when I started crunching the numbers.
Fortunately there are a lot of people doing it right! They may be in the minority, but there's still a whole lot of them. I often point people to the TIST program as a clear example of folks really doing a great job (program.tist.org/).
Thank you for sharing.
Hey Elias, I just a major article in die german new letter Die Zeit. They are did a big Research on the topic and referenced you! Now i am watching your Videos for More Information. Thanks so much for your work!! greetings from germany!
Came herr though the Die Zeit Article. What an underrated subject. This needs much much more awareness.
Hey Elias, I love your videos but why don´t they have millions of views? You´re really doing a great job by showing what´s wrong with the VCM while always pointing out that there are also good projects out there!
Hi! I found this video thanks to a Die Zeit article (translated into Italian by Internazionale). Thanks for your work, it's fantastic! Given the situation, what would you suggest to someone who wanted to offset, for example, an oversea flight, or a certain amount of CO2? I've seen offset companies that specifically avoid afforestation projects because of the issues around them. Still, I'm wondering if it'd be better to give money to non-forest projects or to "non-scam" forset ones (but how to be sure that what they declare is real?)... and in any case, as a non-expert on the matter, I'm always very afraid of throwing my money away and not really being offsetting any CO2...
Hello! Well in the case of large companies, I recommend that they do a lot of diligence to make sure that the projects they're supporting are legitimate. This involves fairly detailed analyses of the claims being made by the project using satellite imagery.
But in the case of individuals, if you're willing to take my word for it, these two carbon programs below are FANTASTIC. They do absolutely amazing work and are probably responsible for more CO2 removals than they're being credited for. So, if you're just looking to offset a flight, or your personal emissions, I'd just buy credits straight through these two groups' websites:
wif.foundation/
program.tist.org/
@@eliasayrey5188 thank you!
Elias, great videos! I've learned a lot. Curious where the image at 7:04 is from? & Re: #16 to some extent there can be areas that open up in favourable market conditions, is it not valuable to get there before investment in the opposite direction occurs? A match to tinder considering prolific timber supply decreases in many regions. It doesn't take long to punch a road in...not as long as a PDD anyway.
Lots of great info here - congrats. Just on 21 - you can see all of the origin info for any project that has been tokenized, including the link on Verra's project page etc. All of this data has been retained in order to enable people to actually choose specific projects that they want to offset with.
Hello, thank you for this video and for your work! I read the same article that read the author of the previous post. the topic is complex but in many we are interested.
Brilliant video!
Hey Elias! Regarding the flaws of using reference regions, what are your thoughts on Verra currently revising their Avoided Unplanned Deforestation and Degredation methodologies? Does it look like it will better reflect deforeststion risk?
I've got some early opinions based on some meetings that I sat in on a year ago (see my video on nested baselines), but to be honest I haven't read the new proposed methodology yet. I will read it soon and provide my opinion!
Bula Elias, thank you for this highly informative video. It’s definitely a valuable resource 👏🏾👏🏾👏🏾
NREF sucks wholeheartedly agree. Measure trees always. Grrat video
Do you consider Regen Network (Regen) a crypto scam as well? They seem to be working with Terra Genesis and their ROV software for traceability on regenerative agriculture projects...
Today I've read the main article in DIE ZEIT about green washing with false carbon certificates. The article builds up on your researches and results, it also refers to this video. Many thanks for your work! Unfortunately my english in speaking and hearing is quite some years old, and your speaking is to quick for me. The subtitles provided by RUclips are also to quick and sometimes incorrect here and there. 😀
Thanks for the kind words! I will make a list of these ways that people cheat and put it in the video description for you.
I have first come aware of this issue from a video about exactly this by the RUclips channel Wendover and then John Oliver on LastWeekTonight made a segment about it. Curious; have any of them contacted you as you have initially raised this issue?
Nope. I would have been very excited if they had :)
From my understanding, one huge problem is that all these forest projects - no matter if they're about avoiding deforestization or planting new forests - immediately generate certificates covering the estimated benefits in the long term. That's just ridiculous. A successful project of that type should continuously generate certificates while it runs, for the amount that it has actually saved. And there must be a mechanism addressing the case that, say, the entire forest burns down, which of course nullifies everything that has been achieved before.
Don’t stop🙌🙌
Thanks for your work on this topic
Where can I get a more trees less bullshit patch?
I would really like to talk to you.
Great video! You presented two projects that you feel are thoughtful/good: #BEGREENBESEEN and Tribal Carbon. Can you give any other examples? Thank you!
Yeah I should be clear, there are hundreds of good projects out there. I've talked about more on my channel before. Manoa, Florestal Santa Maria, Fazenda Nascente, Rimba Raya, Darkwoods, Maisa, the TIST program.. the list goes on and on.
Hi Elias, thank you so much for this video! I came across it from a German Paper Die Zeit. I work for a EU organisation representing public services in Brussels, please send me your professional email, I would like to present your research to my members!
Hi! Thanks for the kind words.
My work email is elias@renoster.co, or you can connect with me on linkedin or via our website.