Offset markets struggle in the face of surging commodity prices
Prices of carbon offsets are too low
The loamy soil and dense jungle of the Sumatran rainforest in Indonesia can store an average of 282 tonnes of carbon dioxide per hectare. If a group of climate-conscious airline passengers were to find a hectare of such forest at risk of being cut down for palm oil and were able to stop that happening, they would offset the amount of greenhouse gases emitted by 175 passengers flying, economy class, from London to New York and back.
This article appeared in the Finance & economics section of the print edition under the headline “Carbon sinks”
Finance & economics May 21st 2022
- Global growth is slowing, but not stopping—yet
- Even China’s official economic figures look bleak
- A baby-formula shortage feeds criticism of corporate heft and price gouging
- Why crypto’s bruising comedown matters
- Offset markets struggle in the face of surging commodity prices
- Is China “uninvestible”?
- India’s once-vaunted statistical infrastructure is crumbling
- How to unleash more investment in intangible assets
From the May 21st 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
Will America’s crypto frenzy end in disaster?
Donald Trump’s team is about to bring digital finance into the mainstream
Do tariffs raise inflation?
Usually. But the bigger problem is that they harm economic growth and innovation
European governments struggle to stop rich people from fleeing
Exit taxes are popular, and counter-productive
Saba Capital wages war on underperforming British investment trusts
How many will end up in Boaz Weinstein’s sights?
Has Japan truly escaped low inflation?
Its central bankers are increasingly hopeful
How American bankers dodged the MAGA carnage
The masters of the universe have escaped an anti-globalist revolt