In Nigeria, oil companies burn 40% of the natural gas found. Agip Oil Company plans to build power generation facilities from this gas, which will allow for the claim of 1.5 million offset credits per year. The US company Pan Ocean Oil Corporation has also applied for credits in exchange for the processing of its own exhaust gases in Nigeria. Michael Karikpo, of, calls it “revolting” because the fire is illegal in Nigeria, adding: “It`s like a criminal asking for money to stop the commission of crimes.” [89] The counting of compensation on reduction targets is controversial. While countries like Switzerland, Norway and Canada have hinted that they will use them, others, such as Finland and Britain, have said they will not. Some activists disagree with the principle of carbon offsetting and have compared it to Roman Catholic rejections, a way for perpetrators to pay for absolution rather than change their behavior. George Monbiot, an English ecologist and writer, says carbon offsets are an excuse for business as usual when it comes to pollution. [68] [69] Proponents argue that the leniency analysis is flawed because they argue that carbon offsets actually reduce carbon emissions, change business as usual, and thus address the cause of climate change. In the remaining part of this guide, we highlight a number of concerns about emission credits, explain the essential criteria for a “quality” offset credit, and indicate what buyers can do to avoid poorer credits. Overall, the US market remains primarily a voluntary market, but several cap-and-trade regimes are either fully implemented or imminent at the regional level.

A component of California`s Global Warming Solutions Act of 2006, which saw early 2013, requires industries to issue emission credits to cover emissions of more than 25,000 tons of CO2. [Citation required] Some environmental organizations have questioned the effectiveness of tree planting projects to combat climate change. [75] Critics draw attention to the following problems in tree planting projects: Tree planting projects can cause conflicts with indigenous peoples who are displaced or who see their use of forest resources limited. For example, a report by the World Rainforest Movement [82] documents land conflicts and human rights violations on Mount Elgon. In March 2002, days before obtaining forest stewardship council certification for a project near Mount Elgon, the Uganda Wildlife Authority evicted more than 300 families from the area and destroyed their homes and crops. The fact that the project took place in an area where land conflicts and alleged human rights violations took place was not published in the project report. .