http://twitchy.com/amy-curtis/2023/10/16/shocker-carbon-offsetting-firm-a-giant-scam-n2388581
Every once in a while, the mainstream media commits a brave act of actual journalism, and we have to give them props. This time, it's The New Yorker, with this piece on a carbon offset firm that was a giant scam.
Heidi Blake (@HeidilBlake) ~ My latest for @NewYorker. The world's largest carbon offsetting firm sold environmentally worthless credits, while the developer of its biggest project secretly moved of tens of millions of $ paid by Gucci, Porsche, Nestlé & others into offshore accounts.
http://www.newyorker.com/magazine/2023/10/23/the-great-cash-for-carbon-hustle
Heidi Blake is an investigative journalist with The New Yorker, and she follows up in subsequent tweets:
Heidi Blake (@HeidilBlake) ~ South Pole maintains that local people living around the Kariba forest protection in Zimbabwe are the "main beneficiaries" of the money it makes selling credits. But the company sidelined an internal whistleblower who warned that most of the funds seemed to have gone astray.
'Astray' is a very polite way of putting it.
Heidi Blake (@HeidilBlake) ~ Even after the company learned that it had massively overestimated the amount of carbon emissions the project had prevented, it continued selling millions of credits to some of the world's biggest brands.
Oh really?
BWHA HA HA HA HA HA!!! Woketards are the biggest dupes of all time ... but they still FEEL so good about it, anyway, right??? BWHA HA HA HA HA HA!!! Hey, Lurch ... how much Heinz money got stolen, you schmuck?!
Heidi Blake (@HeidilBlake) ~ South Pole has always presented the Kariba project as a haven for endangered animals — but its local partner personally controls trophy hunting in a large area, and works with an operator that posts pictures of hunters displaying dead lions, leopards, hippos & elephants.
Yet another lie by this company. Seems to be a pattern.
Heidi Blake (@HeidilBlake) ~ A big hat-tip to @tiesgijzel at @FTM_eu, who has led the way with powerful reporting on South Pole. Here's his latest piece on the trophy hunting inside the Kariba Project.
http://www.ftm.eu/articles/south-pole-kariba-big-game-hunting
Here's the crux of the problem with South Pole:
On a warm night in September, 2022, as staffers partied in the gardens, a circle of weary executives, including Heuberger, Dannecker, and Muench, stood in a courtyard. They were reckoning with bad news.
The previous year had marked a decade since Kariba was launched, which meant that South Pole was required by Verra to check its explosive predictions against reality. After months of reviewing satellite imagery, the company’s data analysts had determined that deforestation in the control zone was dramatically lower than projected. They estimated that only fifteen million of the forty-two million carbon credits generated by the project had actually been backed by avoided emissions. All the rest of those supposedly offset tons of carbon simply weren’t real.
Muench and another executive urged Heuberger to stop selling offsets from the Kariba project immediately. “If it comes out that we’ve knowingly sold credits that weren’t equivalent to a ton of CO2 emissions avoided, it would do huge damage,” Muench said. Heuberger rejected that idea. The credits had been validated by Verra, he argued: “If you want to scale, you have to rely on certain rules and systems.” (South Pole acknowledges that this conversation occurred but says that it took place after the trip to Tuscany.) Back in Zurich, South Pole continued enthusiastically promoting Kariba. In the months after learning of the miscalculation, it sold more than three million environmentally worthless credits, to Porsche, Nestlé, and Nando’s, along with others including the Cannes Film Festival and a network of Australian zoos.
It really is an interesting, if lengthy, read.
Few people were surprised at this news. We remember Solyndra and the other hypocrisies of the 'green' movement.
RBe (@RBPundit) ~ Wait. People didn’t know this was a scam???
Well, you're talking about "people" like John "Lurch" Kerry - he's a complete dumbf**k - so, no ... they are oblivious.
J (@ARaised_Eyebrow) ~ Carbon offsets make NFTs look like precious metals.
"NFT" = non-fungible tokens
JWF (@JammieWF) ~ I'm shocked the climate scam is also a financial scam?
Rhonda Rhoades (@NewWaveIngenue) ~ If you’re suggesting climate change mitigation efforts are giant scams designed to make people rich, well, I just don’t know what to say.
Will Collier (@willcollier) ~ Gee what a surprise.
As surprising as the sun rising in the east.
Walterindenver (@WalterinDenver) ~ Comical. And I'll always think of carbon credits as indulgences of the climate religion.
They are.
Fookbeden (@fookbeden) ~ Indulgences aren't real??? Whaaaa?
Whaaaa indeed.
Heh heh heh heh heh.
Pradheep J. Shanker (@Neoavatara) ~ You mean this was a pyramid scheme that was completely useless to help the environment?
Dr. Kelly Black Raven (@mustang_flying) ~ The real story here is that there are people just now thinking it might have been a scam.
Only took them 30 years to do it.
Like I said, woketards (i.e., Democrats) are dumbf**ks.
Bill W (@dumb_milennial) ~ HAHAHAHAHA!
It is very, very funny.
Jamie Selway (@JSelway3) ~ Golden Age of Fraud continues apace.
Yes it does. Maybe people are starting to wake up, though, when a place like The New Yorker starts writing about what a scam it is.
And yet, we're pretty sure they’ll continue to push it because they are getting rich from it, and continuing their lavish lifestyles. While telling poor people not to use the natural resources they need to for basic survival. It is the very definition of ‘privilege.’
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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