Make Me Smart With Kai And Molly

The moral conundrum of carbon credits

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Synopsis

Many of the world’s largest companies are setting net-zero climate goals, and they’re using carbon credits to get there. That means they can keep producing carbon emissions as long as they pay for emissions to be reduced elsewhere. But do carbon credits actually incentivize companies to reduce their emissions? On the show today, Pedro Martins Barata, associate vice president for carbon markets at the Environmental Defense Fund, explains what carbon credits are and the ethical concerns with companies relying on them to meet net-zero emissions goals. Plus, what future regulation of carbon markets could look like. Then, we’ll unpack the good and bad news in the latest U.S. climate assessment. And, some industries are compensating for widespread staffing shortages by requiring employees to work excessive overtime. Later, we’ll hear about how some farmers are combating climate change. And, this week’s answer to the Make Me Smart question was inspired by a listener. Here’s everything we t