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Carbon Solutions Now and Next: From Biomass to Mineralization
a16z Podcast
Carbon Offsets
For the most part, it's not straightforward fraud. It's usually aggressive base lining or sort of a dishality question. So for example, if you purchase offsets in Indonesia and you set aside some rainforest there, does that just mean that the one next door gets logged? How are you going to know that ownership rights are going to remain for a thousand years? These are sorts of issues that pop up and it's very unclear that any of them are well accounted for or well handled.
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