Carbon Credit Cards (w/ Polly Hemming of The Australia Institute)

You might have heard more and more recently about carbon offsetting - with companies labeling their products as carbon neutral or airlines allowing you to offset the emissions of your ticket with a one-time fee. Carbon credits, the financial market behind this movement are becoming big business - with billions of dollars in credits traded last year alone. But how much oversight do these markets have, and can you be guaranteed that your carbon is actually being offset when you pay that extra airline fee? To help us answer these questions, we’re joined by Polly Hemming, Advisor to the Australia Institute for their climate and energy program. Follow Polly: Twitter The Australia Institute Follow GRIFTONOMICS: Website Twitter YouTube

Om Podcasten

We are living in a time where a JPEG can sell for a million dollars, celebrities openly endorse Ponzi schemes and when what you've invented doesn't matter nearly as much as what you say you've invented. As snake oil increasingly becomes our new currency, regulators and lawmakers are asleep at the wheel while pay-to-play journalists pump out puff pieces from their slurp juice-induced hangovers. Join us as we explore the dizzying, unending roster of these 2020s-era rackets. Welcome to the age of GRIFTONOMICS.