Carbon offsets sound so promising: If you emit some CO2, you can just pay someone else to reduce that amount somewhere else, and you’re good! But is it too good to be true? We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess. #PlanetA #CarbonOffset #CarbonOffsetting Reporter: Kiyo Dörrer Camera: Henning Goll Video Editor: David Jacobi Supervising Editor: Joanna Gottschalk Read More: Carbon Offset Guide by the Stockholm Environment Institute: https://www.offsetguide.org/ Study on the effectivity of mandatory carbon offsets: https://ec.europa.eu/clima/system/files/2017-04/clean_dev_mechanism_en.pdf Market Report on voluntary carbon markets: https://www.ecosystemmarketplace.com/publications/state-of-the-voluntary-carbon-markets-2021/#:~:text=Data%20from%20the%20State%20of,%24472.9M)%2C%20and%20growth%20in Study on the effectivity of carbon offsets among Indian wind power projects: https://www.cesifo.org/en/publikationen/2021/working-paper/do-carbon-offsets-offset-carbon Investigation on Cambodian rain forest conservation: https://features.propublica.org/brazil-carbon-offsets/inconvenient-truth-carbon-credits-dont-work-deforestation-redd-acre-cambodia/ Special thanks to: Lambert Schneider, Raphael Calel and Grant Rosoman for background interviews. 0:00 Intro 1:05 What are carbon offsets? 2:10 Carbon offsets in action 5:58 Scale and scope of offsets 6:55 Problems with carbon offsets 8:19 Additionality of offsets 10:24 Leakage and double counting 13:39 Solutions