youtube
Carbon offsets—a controversial tool companies use to try and make up for emissions—could be worth as much as $1 trillion by 2050, according to Bloomberg NEF. But this lucrative sector has problems. Already plagued by dubious claims known as greenwashing, it faces new challenges like those at Indonesia’s Rimba Raya, one of the largest carbon offset projects in the world.
Read more about the battle in a Borneo jungle on Bloomberg:
00:00 Introduction
01:20 What are carbon offsets?
02:50 How Rimba Raya was set up
04:35 Controversy behind offset industry
05:10 How much is the industry worth?
05:58 Indonesia’s government intervention
07:00 Impact on the ground in Rimba Raya
09:00 What’s at stake?
--------
Like this video? Subscribe:
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months:
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an inst
|
2025/01/08
youtube
