Carbon offsets are unreliable, fraud-ridden financial tokens that often fail to make any environmental impact at all. And if Mark Carney gets his way, they’re going to be Canada’s next big industry.

We see a lot of organisations offsetting their footprint to claim they are carbon neutral, or claiming that for every product you buy, they will plant a tree, and therefore their product is ‘green’.

Carbon offsets are unreliable ... Which, unfortunately, wasn’t much of an explanation. But that makes sense that he has little to say, as it’s such a flimsy industry. As the guy who’s ...

Fortune explained that companies seek ... and employee pressure to reduce a company's carbon footprint, leadership philosophy, and a desire to buy offsets close to where the emissions are happening.