S1E53: Carbon offsets: Are they credit-able? (Part 1): Green Pulse Ep 53

Green Pulse Ep 53: Carbon offsets: Are they credit-able? (Part 1)


15:00 mins


Synopsis: Every first and third Monday of the month, The Straits
Times analyses the beat of the changing environment, from
biodiversity conservation to climate change.


Carbon credits have been around for many years, but they have
recently gained traction amid the global decarbonisation
effort.  Such credits, or offsets, essentially allow
emitters to pay others to reduce emissions on their behalf. But
how credible are such schemes? What are the benefits and
potential pitfalls of relying on carbon credits to slash the
amount of planet-warming emissions being emitted into the
atmosphere? Do they give companies a license to continue
emitting?


In the first of a two-part series on carbon credits, The Straits
Times environment correspondent Audrey Tan and climate change
editor David Fogarty discuss the issue with Professor Koh Lian
Pin, head of the Centre for Nature-based Climate Solutions at the
National University of Singapore. 


They discuss the following points:
What are the sources of carbon credits? (1:09)  Singapore
plans to set up a marketplace for “high quality” carbon credits
later this year. What exactly does “high quality” mean?
(2:36)  What does the term “additionality” mean? (3:48) 
Why are standards important? (6:13)  What is the track record
of other carbon credit projects? (8:28) Why carbon credits from
nature-based climate solutions are important. (11:22)  Do
carbon credits give emitters the license to continue polluting?
(12:20) 

Listen to Pt 2: How carbon credits can help save tropical
forests:
https://omny.fm/shows/green-pulse-1/how-carbon-credits-can-help-save-tropical-forests


Published Jul 19, 2021 12:00 AM


Produced by: Audrey Tan (audreyt@sph.com.sg), David Fogarty
(dfogarty@sph.com.sg), Ernest Luis & Adam Azlee


Edited by: Hadyu Rahim


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